Seventy-five years after the original “Year Zero" that followed World War II, we once again have a chance to rebuild. After WWII, we developed a new economic philosophy grounded in collaboration and integration, with material well-being as its primary objective. It doesn’t, which is why the coming year must bring a “Great Reset" in how we approach economic growth and governance. Second, 2021 will be the year when every major government, as well as broad private-sector coalitions, commit to a “net-zero" target for greenhouse-gas (GHG) emissions. ©2020/Project Syndicate (www.project-syndicate.org)Klaus Schwab is founder and executive chairman of the World Economic ForumSubscribe to Mint Newsletters * Enter a valid email * Thank you for subscribing to our newsletter.

Source: Mint December 31, 2020 17:37 UTC