Leaders sign unique Roadmap for Stakeholder Capitalism in MENA region

  • Date: 15-Sep-2020
  • Source: Bizbahrain
  • Sector:Economy
  • Country:Middle East
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Leaders sign unique Roadmap for Stakeholder Capitalism in MENA region

Regional leaders are advocating a shared vision for stakeholder capitalism and have signed the Principles of Stakeholder Capitalism for the Middle East and North Africa. This roadmap advocates the importance of public-private collaboration and includes the following action points: Crafting inclusive economic policies and a new social contract Stimulating economic integration Reshaping education systems Harnessing the Fourth Industrial Revolution Promoting environmental sustainability Mitigating global health risks Committing to good and agile governance Signatories are members of the World Economic Forum's Regional Action Group on the Middle East and North Africa, which the Forum created in April 2020 in response to the COVID-19 pandemic. Top-level members of government, business and civil society convene monthly during virtual meetings with the aim of developing action-oriented initiatives and projects that strengthen the