Economics - Innovation - Inclusive Growth - Public Purpose
World Bank EFI Chief Economist Learning Seminar

World Bank EFI Chief Economist Learning Seminar

1818 H Street NW, Washington, DC 20433

Please RSVP to Brooke.Parsons@hbgusa.com with the following information: name as it appears on ID, email address, affiliate organization.

Today, the financial sector and the ‘financialized’ world breeds a mentality that distorts economic growth and increases wealth disparity. Top executives choose to spend a greater proportion of profits on share buy-backs rather than on investing in the long-term future of the business. They call it value creation but the reality is often the opposite: value extraction. So who decided that they are creating value? What definition of value is used to distinguish value creation from value extraction, or even from value destruction?