OREANDA-NEWS.  On July 15 (local time), Doosan announced that it hosted the Doosan Global Business Forum 2016 in Perthshire, Scotland. Among the attendees were William Hague, a former British foreign secretary; Joseph Stiglitz, a professor of economics at Columbia University; and Changyong Rhee, director of the Asia and Pacific Department of the International Monetary Fund (IMF).

Prominent speakers—including Juan Miranda, the managing director general of the Asian Development Bank (ADB); Felipe Calderon, chair of the Global Commission on the Economy and Climate and former president of Mexico; Danny Alexander, vice president of the Asian Infrastructure Investment Bank (AIIB); and Amitabh Kant, CEO of NiTi Aayog and former Secretary of the Department of Industrial Policy and Promotion in India—shared their views on infrastructure development prospects in Asia and the impact of climate change on the world economy and infrastructure industry.

In his special remarks, former British Foreign Secretary William Hague shed light on geopolitical risks that particularly require global attention and their impact on the world economy.

In the first session on the global business environment, Joseph Stiglitz, a Nobel Prize-winning economist and professor, and Changyong Rhee, IMF director, presented their views on the global economy being locked in a “low-growth trap” and talked about the short- and long-term economic trends in North America, Europe and Asia.

In the following session on the Asian economy, AIIB Vice President Danny Alexander and ADB Managing Director General Juan Miranda spoke about the challenges and opportunities of the infrastructure business in Asia. NiTi Aayog CEO Amitabh Kant also touched upon India’s vision and plans for building “smart cities.”

The last session dealt with the implications of the Paris Agreement on industries in the post-2020 era. Felipe Calderon, chair of the Global Commission on the Economy and Climate, and Arun Majumdar, a former undersecretary of the U.S. Department of Energy, shared their prospects for the future low-carbon energy economy and the implications of the post-2020 framework on the infrastructure business.