Skip to main content

tv   Business - World Economic Forum on ASEAN in Hanoi Vietnam  Deutsche Welle  September 19, 2018 9:15pm-10:01pm CEST

9:15 pm
there here's a reminder of our top story for you with six months and celebrates its president. has told the britain it needs to look again at elements of its withdrawal all first so successful poses relating to the irish border and future trade talks needs reworking you're watching e.w. news i'll be back at the top of the hour with more bold new solid by the day to see if. we make up of what we watch as. the under budget we are this summer some of this is. a month to the continent's future could be part of it enjoying some stars as they share their stories their dreams and their challenges the same seven percent plus for africa charge. to kind of have
9:16 pm
a well welcome team to detail what economic forms to make coming to you from hanoi in vietnam i'm thought she was a great pleasure to have you with us with me is an interesting and high profile panel as well an ordinance and you or thea to discuss the issue of inequality vietnam is one of the ten member states of the un. has seen a great team of growth to spread it to peace and so it is very cold economic growth especially in the last twenty years but it's also seen a growth in any quantity what is the reason for this more to have the implications of this and how can we exit rate the reduction in the quantity of these are the questions we discuss and write that off today. from malaysia i'm pleased to welcome . she is a young google leader designated by the world economic forum she's also the c.e.o. of create and that's
9:17 pm
a center for research advisory and technology and do council and fourteen you'll see in founded an organization a grassroots movement to help flood victims in that instance and in. malaysia welcome to you from the engine development bank we have a graph now the vice president southeast asia and the pacific he's responsible for setting up strategic and operational priorities in a variety of means he's done extensive research and written reports a number of nations including inequality it's a great pleasure to have unobligated understand she is one of the core chance of the world economic forum summit here in hanoi. all of plan international spent twenty five years of experience of development in humanitarian affairs it also being the danish foreign ministry thank you very much for being read to and from indonesia we have now the mark on him he's the c.e.o.
9:18 pm
and founder of go check now that is a motorcycle taxi service which was set up in two thousand and ten and within six and it became the first unicon of indonesia and a unique and of course being a company a start up which is valued at more than a billion dollars or more expanded yourselves and greatly and we're going to be hearing about those doing discussion and also from indonesia i'm very pleased to welcome paul finance minister mohamad what their boss really he is an economist and currently the chairman of the monetary institute in indonesia so all welcome to all of you listening and no please give them a big hand. get up before you. dive into the discussion you know i was thinking what is my image of inequality now i live in germany but every time i visit india where i come from i
9:19 pm
get out of the airport a fit in a car and at the first traffic light i see a little girl see about sending to islam with a little baby possibly a sibling begging for money and that for me the contrast of coming from an affluent country like germany and to india every time is my image off inequality keeps me like a sledgehammer every time i go home so i cannot begin asking all if you for your image of inequality starting with you now the most is your image of inequality. it's an interesting question there's many of those images in jakarta in my home city where you are confronted with they did very well i think for me personally what i would choose as my kind of image or inequality and i remember this one day where i saw about zero eight year old boy teach teaching his father how to use the go jek driver app. and i think that for me is an image of inequality by. being able to visualize the digital divide the
9:20 pm
digital literacy gap between this kid in the same family as the father who did not understand how to use a smartphone and then great smartphone and i think that was a very poignant moment for me when i realized well this is a big gap and it could also be growing even further and copy what about for you what is your image well as an economist let me stop. when i look at the composition. of the time deposit. because ninety nine percent. on our of the time to push the maximum saving it's only about one hundred fifty thousand dollars but the last one percent have a lot of things more than two billion more than one hundred people thousand us so somehow it reflects if you look at some of the savings perspective the only small.
9:21 pm
you know can own the well so this is really a big issue for what the economy yes as an economist of course you think it done with a lot of images but you see your job if you want. for you know thank you i mean you know for me we spend a lot of our time dealing with the aftermath of natural disasters throughout asia. and one thing you find in going to all many of the sites in the aftermath of these disasters is that it's the poor there are the hardest because of geography that's where the poor tend to live in these areas but also because they have so few assets that they can use to help themselves recover so for me i think really in regions how difficult it is for poor people to recover from these natural disasters i mean do you see. international but your personal image of inequality. so i could certainly share yours from the many many communities around the world where we work where poverty is very visible than very abject but i try to go to
9:22 pm
a different kind of inequality which is the inequality that the ten year old girlfriend says when she. starts opening up and dreaming about a future where she's educated maybe working in tech maybe maybe being part of the new digital economy and was told that math is not for girls when she opens a math book in school and there's no image of a woman in business when she. gets her education and the social norms in her country are issue mean that while she might get a job addition soon she has a child there is no network for her to continue her career so the image of of inequality for me is the disappointed look in so many millions of young girls and women's faces when they are told to stay in their place. and interesting and said
9:23 pm
what about you know image of inequality well you may have inequality for me and perhaps i'm a bit different from what. shat so imagine if you and i will change if you have the ability to get into the public about speech most of the time it's not designed to be able friends are based on your own standards and the moment you get off the bus that's no shelter at bus stop and if it's raining assuming imagine that you have to will yourself back home for two hours interesting to me that's real inequality that's we have a different a very aspect something the quality won't be discussed here now one thing is clear that as i mentioned despite the fact that our zeal to see a record of growth in the last twenty years inequality has risen i still have done a lot of luck only in the quality know what the figures that i read is that the richest person in libya. in one day what's the poorest man in the bottom decade
9:24 pm
and that's a huge scale of inequality your first sentence was what is the situation off quality in general in asia well in generally assure that the situation is getting getting worse we've seen an increase in inequality across pretty much all countries in asia over the last several decades there are some exceptions to that in countries like japan and south korea but those are countries where there is high social expenditure where there's a firm on investment in social safety nets and other things there are other mechanisms that help reduce inequality but in most of developing asia we've seen massive increases in inequality over the last several decades now it's not quite as bad in absolute terms as it is currently in latin america latin america measure gini coefficient tend to be higher than they are in asia but the trajectory of growth of inequality in asia is what is worrying and it hasn't slowed down very much and in most countries in fact it's speeding speeding up and. why is that of
9:25 pm
a concern well first i'll be asleep all the stories that we just shared on what inequality means to us that it's you know that it's hard it's difficult it's not fair but at the same time just from a pure economic standpoint it's not an efficient use both human capital and resources that are at the disposal of any economy so it actually has a negative return to the potential of economic growth over time but it also has a negative impact on on social cohesion over time and i think that what we've seen in a lot of after all cycles. in the united states in europe in the nation countries elsewhere are reflections of people that feel that they've been left behind by many many decades of good economic growth around the world so you've talked to some of the major implications off in equality for india on it because if we don't do you talked about this disappointed look in the eyes of young guys this month going to be a point in form of inequality but tell us a little bit more as to how it equality affects the future of children who you said
9:26 pm
at one point the other most vulnerable in society but also have the greatest potential. so what what we generally see of course is that there are huge differences here to talk about it but i mean let's let's just unpack some of the images that we've seen. inequality in sitting in the very different from inequalities in rural areas inequalities between girls and boys. in equality depending on your ethnic origin. here in vietnam we work with children in need in rural communities in the northwest where the ethnic minority. that live under conditions that. nothing like anything in sr in hanoi. i think the issue really for the asean region where we talk about children is to to lose the power of the investments in
9:27 pm
education. to beyond that in. should we save the day and see and respect for dignity. on the asean emphasis on some dignity and respect and equality if it means they are in the in the in in the makeup of the as in society that dignity and respect and in so high but not necessarily taught in schools for example for children in a way that really advance equality. that that advances inclusion you were talking about children living with disabilities children from from ethnic minority girls versus boys that's not part of the educational program so when we look at children and yes children are impacted more by by by. how from the death in those are all
9:28 pm
waves are always children eighty percent are children and women because men are stronger around can run away faster so that's very much part of the reality but i think you know i'd like to focus our attention on on how we in this region with its emphasis on education really put emphasis on on inequality and on on dignity and respect and not on discrimination because that is what will help these economies flowers grow faster and be more inclusive absolutely equality of opportunity is i think education is really important for equality in the opportunities it doesn't do you have to know you've been a finance minister and there are those people who will argue that actually inequality is a policy decision and fiscal policy decision would you agree well this quite
9:29 pm
obvious that you know the fiscal policy can play a role in addressing the issue of this inequality but i think the important question dear. actually even though we already implemented fiscal policy wide in the script writing i think the issue has to do about the implementation let me give an example we're talking about a location of the government spending on the social system the question is what kind of socialist system let me give an example about the case of indonesia trying to protect the poor by providing. a subsidy for fuel in fact the one who get a benefit of subsidy use middle and upper class not the poor people reply to proof i don't know about twenty percent of the budget for the into commission but in fact not much improvement in the quality so deciding the mechanism is very important what would you suggest what needs to be done instead of subsidies some people feel
9:30 pm
the social subsidies actually help people and short term but if you don't get any income redistribution my suggestion is sort of done subsidize the goods you better subsidize the people directly and one of the possible option for that is you know you do without a custom as part of the conditional guess that's what let me share with you in very interesting study the problem with cost transfer is targeting the poor how do you target the target into it because everyone will claim we're in the early saving money right so what we did in nature rather than targeting the poor we let the poor to identify themselves we profiled discussed them for but making this process is sort of difficult for only fifteen dollars if you have to queue for us only to get fifteen dollars unless you have a very poor you don't want to. so you're using this you know somehow the markets acknowledge market mechanism and based on that you can identify who have the poor people and talking about this you're not giving them access for education you'll
9:31 pm
get the money. to send their kids to school so that kind of that kind of you know function and program is very important. but i didn't talking about the fiscal policy and gentle and last but not least the aspect is very important because we need the government intervention to protect the poor but don't forget that the government the tension. and. the economic growth for the country as well in many countries to work i should say you know jokingly that one of the reasons why many people become a leader because they have to deal with the government you know you are many things that you can do only got until the government can help your so mean it to create the certainty regarding this process on the implementation of this fiscal policy as well in saying you set up this grassroots movement and you've said that you're passionate about changing society and you want to be the change that you want in
9:32 pm
your country what do you want to see change you listen to what they want to say what would you like to see change so if me if i may first add on to what i've been you know on public policy and better. fiscal policy on social policy when it comes to implementation and it has to come by design that's what you're saying but what i'm seeing today in most governments in most administration we tend to design policy for implementation for the majority principle for ninety five percent and then think about doing it on a five percent afterthought or out of obligation that we need to look good therefore like a five plus five what if we can reverse. engineer all i would say what if we really engineer the way we design policy. for the five percent and that will be automatically designing for everybody i think this is something that perhaps government and policymakers should be looking at if you are talking about the five
9:33 pm
percent is the bottom five percent in terms of economic to it can be it can be economic impoverished people it can be done. it can be done. stable people it is always the mind you know the outlier of the society no matter what perspective you are coming from i think in terms of public policy making and political will for political leaders to take one it is really something for us to think about because most of us here in this room are normal people if not if you are not high achieving overachievers but there are many many people who like what you have said earlier in that northern vietnam the kids who are living in conditions that we cannot even imagine why do we design policies where we are designing any public policy we design for the five percent. of the most rural part of malaysia in the us people so by doing that by designing for the five percent we are automatically designing for the rest of us i think this is something that that
9:34 pm
perhaps is something i really need to get into my thinking but give me from public policy and not even to you because you're not into public policy go into private enterprise now you've set up this company which is a play on words logic is all jake is attacked and i need to write and you've got a good motorcycle taxi lords i can taxi ok so now you tell me. i want to first know about your story how you started with this enterprise because i've heard that you actually like many startups you were sitting in harvard with a bunch of buddies and you came up with this i think that makes the is it true. that somebody's true yeah it was during that period in business school that i saw that if i by the end you know it required a whole bunch of people to bounce around but it's been something on the back of my head for some time that i've wanted to do because i was an avid or jack user during my consulting days and i just saw this massive group of informal sector
9:35 pm
workers who were completely undervalued by society. and who could actually be doing some of the most high value economic activity but there was this issue of trust and intermediaries and i think that goes to my point about you know for me what i've seen inequality the biggest driver of inequality in my mind from what i've seen in indonesia is the inability to establish trust between of ready so there's a huge economic cost a lack of trust as the first second thing is there is a huge it cannot because of a lack of trust or lack of access there's a huge economic cost and structural inequality created by layering. before going to came these drivers were stuck to a particular location. that were not able to balance demand and supply having to pay a fee to whoever was the leader of that little area. before go food people
9:36 pm
were stuck with having to have enough capital to have a place to build a restaurant in a mall or in a place with high traffic instead of just cooking in their own kitchen. a variety of technology players in indonesia right now are doing the same thing in e-commerce giving direct access right and what's happening is that i think the analogy that's very good to use is an organizational inefficiency as well when you have like an organization that looks like a pyramid with multiple layers and nothing gets done very quickly but as soon as you kind of flatten out you're this way things really speed up and you people you're able to leverage every single point of economic asset productivity people whatever you call it any asset and i think that. to meet poverty structural inequality is that asymmetry of access and i do fundamentally believe that outside of policy the other big push that could even achieve scale maybe at
9:37 pm
a faster rate is actually technology it's actually technology because i i'm biased obviously but i've seen it firsthand how. yes a company a motorcycle taxi company in three years could become the largest employer in indonesian history indirect employer in munich that's that's just one story there are many many other stories that are going on like this that shows that you know with the smartphone revolution your ability to then level the playing field for people to access each other bill trust and do you live here entire economic verticals is extremely powerful so does. something i'm intrigued by the story it's obviously very fascinating and i am a little bit curious about how many women you employ. i wouldn't who many of the tribals are in fact young men. and one of the issues that we're very keen to bring to the forum of course is that as we have this rapid open isolation
9:38 pm
as we see an increase in public and private transport what we're also seeing is that you also young women feel increasingly unsafe. we have every single urban area in this region eighty percent of girls will say they never feel safe in public spaces. and so there's a there's that part of the inequality in gender when you don't even dare get on one of your taxis because you're worried about harassment and safety not traffic safety although i know that's a big preoccupation in this region but but but sort of personal dignity and integrity safety i think is is something that we have to keep in mind and the other thing that we're seeing with the growth of this nominal digital economy which also obviously gives opportunities to young women is that the digital divide is growing so we are seeing massive new opportunities in technology but mostly for men
9:39 pm
only ten percent of the employees in technology companies are women and twenty percent in mobile companies that's actually and worsening of the gender inclusion in the economy. and that's all this actually happened where as he was actually doing quite well the sort of the inclusion of women in the economy when she was coming this way now it's going that way if you jump on it i guess i'll pose that question thinking to what i wanted to get to say why should women in particular be affected by divide or the divide between those who have technology access to technology and those who don't well i think if you want to do that to discuss about this woman related today's technology you can see from groups fact if that's how many women you know participate on that production process but don't forget the but
9:40 pm
one thing if you want to give the opportunity to women on the labor market. with you i do believe can contribute a lot of things through the financial inclusion for example so you can work like that then the lady at home you can look at home while at the same time sort of like you're taking care of your kids with this in many developing countries usually the job that you woman but with their funds healing pushing with the bigger the technology you can immediately get access financial abscess so i would see you know on my perspective that nobody can help to empower a woman you know to participate in the labor market just just to catch on you know it's also so much depended on this point and infrastructure investment as well and just anecdotally in the philippines feel concerns are very big business process outsourcing our t.v. industry it's been growing over many years there are concerns about automation what the implications of that are on that industry in the philippines but what they've
9:41 pm
observed in the countries as they've built out the internet backbone through the country there's more women that are joining to be p.r. industry because families that were reluctant to let their daughters move to urban centers now their daughters don't have to move to urban centers they don't have to move to know where that car. i don't fear in that kind of concern it's real they can stay in smaller you know not rule necessarily but smaller urban areas where they're nearer to a family where they're not they don't have to go very far so again i think it's just it's it's we don't have that infrastructure investment that goes along side and that rollout of internet connectivity that goes alongside these these these great new industries and new business since you know we're going to see that defied growing so just sort of think underscores the need for continued investment focus on the area i think we're going to focus on what we can do to overcome this inequality divide that is between the haves and the have nots what will it not mean
9:42 pm
enterprise me an example that we can have more kind of entrepreneurial. companies and things in start ups which come up which focus not just on profitability but also on on social inclusion. and on that for me if every single person even below the poverty. barrier has a smartphone which is not actually a problem it's actually quite possible the next three four years when so i guess as soon as an android smartphone gets to about. i would say fifteen twenty dollars which is not so far from now this should be achievable. i can tell you that the profit motive of serving the bottom of the pyramid due to its inherent skill ability will be sufficient in providing most of the immediate needs of the poor itself now this is a very contentious point a lot of people disagree with me on this that that there will be no but it requires
9:43 pm
a huge amount of government. intervention and yes all of that to build human capacity education and health care not this cannot be solved privately however other issues such as structural access to cheaper products structural access to financial inclusion structural access to credit without credit there is no ability to then take risks to move up to your next level of economic development as we all know you need some access to credit so in my mind what is what will private sector companies try to acquire it or sell to the bottom of the pyramid it's what the me what they need most is actually access to information and access to financial services these are the critical things that people in the poverty line or slightly above the poverty line really need the third thing they really need is jobs not just because of unemployment issue but because of underemployment issues these three things with the economy it's one of the most powerful ways of driving
9:44 pm
employment financial services and information is a smartphone actually all three in one so. i think we are severely an older valuing and also governments i think are under valuing the benefit of bread being smartphones. you know some people go all the way in extended to a very high concept of digital literacy all these are actually to be very honest at the bottom. you know the the basic lie to me is giving everyone is smart for you to do you agree with that yes or no because of course there are lots of debate and discussion about the great economy actually why don't you get what inequality in many societies perhaps go get is not the best example to take care of because of the scale ability of indonesia but if i may just graph two simple example where we're all very familiar with one be yes it makes it easy for anybody who wants to
9:45 pm
live out your spare capacity at home to make an extra income that's fine however this moral of the economy actually also at the same time put a lot of people out of a job because of course it is much easier and cheaper to maintain two rooms in a house for listening then to run professionally and properly so i think there is this ethical debate about to get you taught me can i mean how far do we want to go down the line when you say that. for example the economy model actually bring back sense bring jobs to bring our financial inclusion to the marginalised aren't impoverished of a community but i think if you look at other examples this may not be the case however you do want to what you said about giving everybody a smartphone if i may also do an example of facebook facebook is giving out free mobile phones to a community in south africa so why do we need to look at this you mean i'm from south africa on the african region why do i need an american company to give me
9:46 pm
mobile phones for me to go on to social platforms thereby they can take all our data we all. no data and contact means wealth in today's world while yes we look at of course china's model and not the best model of but let me do an example of nature we've had we all know of because social media platform in china of course some people say that because the chinese government would like to claim don't freedom of speech and. look at putting you under surveillance or whatever you say but assuming that we can come up with a platform or a system whereby we allow people to communicate freely to share their views ideas whereby we do not control or infringe on the basic rights of people of freedom of expression and to candidate out within the country or that region i think that would mean bringing social innovation back to the poor of the society because whether you were educated whether you i reach for your core the moment you are you
9:47 pm
are able to share content or provide or generate content and data online you will be creating wealth in the future i think maybe this is something that all our nations should be looking at instead of allowing the national international com one very deciding why did they do with our data that should belong to our own national sovereignty again because you know you look at the systems like retailers united nations before you join plan international as a c.e.o. you also work for the do this foreign ministry how do you see i mean technology can be leveraged to do to decrease inequality if you have access to it as we find missing examples of that that really does the balance lie between public policy and unleashing entrepreneurial skills within the society to kind of increase financial inclusion. so there is no doubt that there will be huge benefits also for the bottom billion with the technology advancements but it has to
9:48 pm
be matched by very tentative pointing. public policy as well and not just limited to the social sector of health and education. i think the un all learning that we've seen. with trying to say for example around gender equality we're trying to be very rational we've tried to appeal to the private sector to governments about the importance. of including women in new economy i mean our friends from mckinsey have told us for years and years that there are trillions and trillions of dollars to be be added to the. women in the economy and still not happening so that's where public policy comes in with insurance around behaviors change we've had enormous success in reducing for
9:49 pm
example on. cigarette smoking. and the benefits of healthy lifestyle is really taking off across many parts of the world we need a new kind of leadership and mobilization around public policy and and equality and changing social norms couldn't you also in the united nations vice council for the brain development at the world bank so obviously i'm sure she had lots of concerns i'm going to have about the inclusion of women but as a former finance minister and a lot of policy initiatives we can take and one of the things that indonesia suggested and sent me the what economic forum in two thousand and sixteen was a minimum wage program for us and in fact vietnam and cambodia agreed with that proposal do you think how far would that go in creating better conditions that everyone has a minimum wage. is about plans defensible idea on the one hand. we
9:50 pm
happily little bit but don't forget about this. well as i'm in the labor market as well because if you in the minimum wage they want to get a benefit this new. labor market because they had an experience when they submit their labor law in an insurance company with the highest severance payment in the world because we want to protect libor we want to protect if you want to fire people you have to pay probably weapon the four months you know what happened after that the industry that in fact she from the labor intensive industry more into capital intensive in releasing the inequality so when the government be signed a program we need to be very careful with this if you want to come up with the minimum wage you can full well then what about the people outside the labor market better to get a benefit or not let me give an example when you're talking about this you know. public policy this is very difficult how to strike the balance let me give an
9:51 pm
example especially nowadays we did digital technology how the government should position themselves under this kind of situation why because the product cycle is getting shot at and chopped up if you introduce a policy that next day will be obsolete because of the assumption that we should know where the government can come up with. well if you mention about these changing a culture this is the thing that we need so what we need actually is an ijaw. but. there is no way the bill can do it just. so this is really a challenge from the government and the public courses perspective we probably have to change somewhat mindset mindset from agree on will still be on principles but is it possible so middle class this is not going to be easy because you have to adopt all the times you know i mean i want to ask you would that because you have a technocrat you're going to have it over here for the entire of the in which countries are getting it right and one of the policies in iraq which actually help
9:52 pm
reduce inequality well it's. it basically comes down to a question of social protection policy at the end of the day i think point about you know whether minimum wage is the right answer or not as it is if it is a very good one because at the end of the day so much labor policy across the region and across developing the developing world is protecting jobs rather than protecting people so how do you develop policies that are going to provide a safety net for those people that fall through that are left behind by you know by disruption are left behind by policy changes left behind by you know automation but not feel that they necessarily have to keep that job how do you make investments in human capital that are going to make sure that people are sufficiently that workers of the next generation are sufficiently flexible to adapt to disruption to death to this constant change that we're going to be seeing of course in our in our
9:53 pm
education policies in keeping up with our labor policies not keeping up with that so i think that there's a bunch of different things and one of the results of course the huge problem about going people in the informal structure into the system and then the f.a.a. rules and kind of the backbone off. actions from eighty percent to ninety percent you know member states how does one actually get your company as a blueprint for drawing people in how do you see this going for that i mean we need to go beyond that of traditional structures we need to be on the up and maybe we go from here. and they question the question about that i want to go on your own experience and see how does that. i think that. so there's two things there's the short term or the medium term impact which is a combination of government policy as well as technology deregulation i mean
9:54 pm
obviously with the large exception of consumer lending which is quite dangerous if you let it go rampant on its own exactly like you said there should be some checks and balances there. that's the kind of medium term. things that can have impact within two three four years but you always end up in the same cycle again if you don't address the biggest kind of lever for future inequality reduction initiatives which is education there's no way right you know you can't hack your way around it at the end of the day you're going to need to give the largest amount of. knowledge and opportunity for the younger generation to be able to be either self employed get a job or become part of the creative economy so if you don't establish that then
9:55 pm
their issue will there will be no assemblies the health of that is really bad so for example in go food or food delivery eighty percent of our transactions comes from mom and pop shops not the large franchise retail etc and and me i had also the vast majority of the new first time entrepreneurs are women actually because i guess why because they get to take care of their kids and start a business at home at the same time they have less activity capital yes but now that their transactions are all tied up in a digital content banks and all kinds of financial institutions are now gunning for them to be able to provide financial services because it wasn't cash so therein lies kind of also the key the key gateway to financial inclusion is also the elimination of cash so that you have information you have transactional data to be able to assess that but i think in. whatever you do to date for the existing adult
9:56 pm
working population can only do so much to solve inequality gender inequality economic inequality opportunity inequality that all nice to be addressed in transforming the educational system today because it will be too late if we don't attack this especially given the massive demographic boom that is actually being experienced. so the demographic boom can go both ways it can go as a bonus if you get the education right to be or it could be massive both political and social risk if it creates even a higher inequality because the most unhappy person is a college graduate who comes out and can't find opportunity that is winds countries begin to stabilize and so i think i think you know i'm torn between the want of the medium term ones and the real long term educational initiatives that are no short of a herculean task because you've got to transform the education system evolving it will
9:57 pm
not do today you have to really transform this seems to be a general consensus among all a few that actually education is fundamental access to opportunity is essential to deal with the problem of inequality. reducing inequality sounds like a big idea and some of the something it's very difficult but in fact if you look at it in a very granular form it can be done through equal access equal but you need to high quality education to health care to take action and even financial inclusion and i think by taking all the small steps we are in fact reducing inequality gap you know a lot of countries have beaten that's a very good note to any degree still small steps towards a big goal thank you very much you are watching the day of the world economic forum debates coming to you from hanoi in vietnam thank you very much for your company and thank you very much my panelists here and the audience please give them a big family. to.
9:58 pm
take it personally. with all the wonderful people and stories that make the game so special. for all true fans. make up more than football online nico is in germany to learn german.
9:59 pm
english because why not learn with him online on the mobile and free to suffer from the w.p. learning course speak. fake hair and real story from where i come from a lot of women like me have fake hair sometimes the hair style takes up to two days that's a lot of time that needs to be filled so people at the salon talk about what's happening in their lives. i became a journalist to be a storyteller and i always want to find those real authentic stories from everyday people who have something to share. with others i must find at the salon i know a good quality here when i see it's and then a good story when i hear it. my name is elizabeth stone and i work at steve's album .
10:00 pm
this is g w news live from berlin tonight with just six months before britain leaves the european union the austrian chancellor sings a positive signal that. we want to do everything possible to avoid the heartbreak it's there to be used and ready to compromise but we also expect that from the u.k. . the leaders of all twenty eight to be you countries including germany's chancellor are meeting tonight in salzburg austria it's a working dinner of sorts with the british prime min.

12 Views

info Stream Only

Uploaded by TV Archive on