Blending principles of diversity and inclusion is a key emerging theme of the environmental, social, and governance (ESG) focus among investors, shaping their actions to maximize returns. There is an opportunity in Asia, in the alignment of...

As a child growing up in the former Soviet Union, I remember vividly the long queues for basic groceries in the biting cold of a Russian winter. My parents were both engineers—well-educated and holding down good jobs—yet they struggled to...

Increasing number of public- and private-sector organizations recognize the threat of climate change and are working to transition to a low-carbon economy. Collectively, commitments to reach net-zero carbon emissions currently cover over 80...

Overview In our March Digest, we highlighted the impact that China’s strict regulatory environment was having on its domestic tech sector. Since then, key figures in the Chinese government have made a sustained effort to reassure tech CEOs...

Overview At a Senate Banking Committee hearing this month, Treasury Secretary Janet Yellen reiterated the need for regulatory oversight of stablecoins—a cryptocurrency whose value is explicitly linked to another asset 1. The Secretary’s...

Beginning in late 2020, with the support of Google Cloud, the Milken Institute embarked on a two-part Financial Innovations Lab series, exploring the role of technology in improving the resilience and function of Southeast Asia’s financial...

Since 2020 we’ve lived through a historic threat to widespread financial security. The pandemic reminded us how the poorest people tend to suffer most from a public health crisis and economic disruption. This year we see how geopolitical...

As societies continue to emerge from the COVID-19 pandemic and face new challenges, we are undergoing a fundamental transformation of global capital markets. Amid the universal acceleration in digital innovation, industry leaders must think...

The impacts of climate change on our planet’s finely tuned ecosystems are escalating. Extreme climatic events are multiplying, sea levels are rising, and polar ice loss is accelerating. What had been biblical is now commonplace. Whether...

One month into the war in Ukraine, more than half of Ukraine’s children are now displaced within the country or fled to neighboring countries. They are met by aid workers from UNICEF and other relief agencies delivering essential services...