Journalism is the heart of the Global Economic Report. That means pursuing truth by going to the source—to the original or as close to it as possible—and maintaining a healthy distance from the people, businesses, organizations, and governments covered.
Beyond that, the GER comes from a set of core values. Our values guide the way we choose stories. Once selected, we let journalism principles of news writing guide the inquiry to build the story. And we try to maintain a humble sense of not having all the answers during the journey. That gives our stories richness and authenticity.
GER’s values include respect for the following:
- Democratic freedoms and basic human rights;
- Self-rule and autonomy of a state; and
- Free-market capitalism that is free from corruption, cronyism and imperialism.
Finally, the GER comes from the belief that knowledge is power. It empowers people by giving them the tools to articulate their ideas based on facts. Also, it lets them assess situations and better understand global economics and diplomacy.
Debate and competition of ideas are healthy and necessary.
Moving forward, the challenge we face is in finding a way to engage an audience in global news in ways that promote positive change for humanity. It’s a tall task and one we cannot do alone.
Core Cornerstone Issues:
Climate action: Climate change is driving widespread changes in industries and opening up markets in the future. It’s our goal to better understand not only the challenges but also the opportunities this issue presents.
Capitalism/ESG/Sustainable Finance: For capitalism to survive as a leading economic model in the 21 Century, its stakeholders need to take a deep dive into what it is and isn’t. They need to separate the essence of capitalism out from its imperialist past. And they need a feedback loop that allows them to serve their communities.
If the capitalist system was silver, it would need a good polishing. Corruption has tarnished its shine. Moreover, the complexities of today’s financial system and global supply chains make it more difficult to root out the evils. So much work remains ahead.
Is greed good, as the Wall Street character Gordon Gekko asserted in 1987? No. If greed is the underlying foundation, the capitalist model destroys the Earth and creates a system of winners and losers.
A better foundation exists and that is one that empowers creators and consumers. It rewards the hardworking. At the GER, we seek to recognize those who are empowering people and provide a feedback loop for the areas that can be improved.
Corruption is a scourge on society, impacting both authoritarian and democratic systems. Unchecked, it gives capitalism a bad name. Corruption infects healthy business dealings and operations and produces winners and losers. It occurs through many means: money laundering, tax evasion, bribes, coercion, and other illicit activity. The reason we cover it is to recognize the things that make societies unequal and unfree.
Diplomacy: We cover diplomacy, international organizations, and meetings taking place in organizations like the United Nations. So much happens beyond our own political systems. Individuals and sometimes whole countries or organizations are working to make life better for people in both conflict-ridden places as well as secure, developed countries. It is not enough to focus on the end results of international relations, it is worthwhile to focus on the day-to-day work of diplomacy. Oftentimes, that is where breakthroughs occur or trends develop.
Human Rights: The interconnectivity between economics and human rights is undeniably present in today’s world. Each day, nations make decisions that negatively or positively affect the lives of their citizens. Combatting human rights violations is a common goal amongst the international community. Global diplomacy reacts to such infractions with heavy economic and political repercussions such as sanctions and boycotts. The continued monitoring and reporting of these responses is a large component of the longevity of this beat. For more on this topic, see the Human Rights Resources page.
Economics and Global Trade.
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