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The Covid-19 pandemic affects all areas of our life and our world order. The crisis has hit hard and reveals the fragility of our globalized economy. At the same time, some forgotten or neglected truths have resurfaced which open up the debate about the future of our world. Are we at the cusp of a new world order? Kenneth M. Jacobs, Chairman and CEO of global financial advisory and asset management firm Lazard, shared his Covid-19 learnings for the post-pandemic economic landscape with Swaha Pattanaik, Global Economics Editor at Reuters Breakingviews. The conversation described the potential impact industries like tech, media, healthcare, real estate and retail are facing as well as the possible shifting balance between a market driven economy and a more regulated approach, and between the nation state and global interdependence.
Kenneth M. Jacobs is Chairman and Chief Executive Officer of Lazard, the global financial advisory and asset management firm. From 2002 to 2009 he was a Deputy Chairman of the firm and Chief Executive Officer of Lazard North America. He initially joined Lazard in 1988 and serves on the Board of Trustees of the Brookings Institution. In 2017, he was inducted into the French Legion of Honor. Mr. Jacobs earned a BA in Economics at The University of Chicago in 1980 and an MBA from the Stanford University Graduate School of Business in 1984.
Swaha Pattanaik is Global Economics Editor at Reuters Breakingviews, based in London. She writes about global financial markets, macroeconomics, and policymaking. She was posted to Paris as Reuters’ senior economics correspondent and to Brussels as its European economic and monetary affairs correspondent. Prior to joining Reuters, she worked for Bloomberg, Euromoney, and consulting firm IDEA. She has an MSc in Political Theory and Political Sociology from Birkbeck and a BSc (Econ) in Mathematical Economics and Econometrics from the London School of Economics.
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