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Baltic Sea Region/Emerging Markets & China Day

On October 17th, the Global Mind Knowledge Platform at the Linnaeus School of Business and Economics hosted its annual conference with main focus on emerging markets.

Emphasis was also put on the Ukraine and the war there. Will the world community be able to create a more promising, structurally well-based political and economic future –or will the world see the emergence of even more nationalism and new international cooperation outside the Western hemisphere emerge? What about the future geography of production, labor markets and transports? These and other issues were discussed at the conference.

Several of the speakers stressed the impact of inflation on the economic growth in the Baltic Sea region. Even though the situation looks tough right now, there is also some opportunities in the future, as European firms are back shoring their production or at least finding alternative supplies in Europe. This initiative is supported by the European union in some of their future programs.

The speakers were:

  • Lena Sellgren, Chief Economist, Business Sweden, on developments in world trade and in Swedish foreign trade.
  • Jörgen Kennemar, Senior Economist, Swedbank, on commodity markets and delivery distortions from a Swedish perspective.
  • Laura Solanko, PhD and Deputy Head of BOFIT (The Bank of Finland Institute for Emerging Economies), on developments in Russia, the Ukraine and around.
  • Agnese Buceniece, acting Chief Economist at Swedbank Latvia, on economic perspectives for the Baltic countries, mainly Latvia, and the impact of the war on the Baltic countries.
  • Michael Grömling, professor and Head of the Research Group Macroeconomic Analysis and Forecast at the Institute of the German Economy Köln on the impact of global supply and transport distortions on corporations and the economy as a whole.
  • Hubert Fromlet, affiliate professor at LNU, on often “forgotten” economic and social challenges for China and India.