Page 114 - INVESTOPIA ENGLISH PR REPORT - International Part 2

3/11/24, 11:34 AM Investopia 2024 holds 11 panel discussions exploring investment opportunities in the new economy, technology, circular and crea…
Dr. Mohieldin highlighted the necessity of paying attention to low

and middle-income countries in a changing global economic trend

and cited Africa, where the continent grew for many countries from

being a low-income region to becoming middle-income.

"Middle-income countries and the middle class populations are being

squeezed, and mid-sized enterprises do not have the same support as

SMEs," Dr. Mohieldin said.

"The middle needs investment, but [the situation] is not being

discussed," he added, and went further and underlined the urgent

need for investment in human capital, education and infrastructure."

Dr. Mohieldin also noted that debt and development problems

remain among the most critical issues facing the global economy and

are of great concern to investors worldwide.

Dr. Bourguignon drew attention to the urgent need to take more steps

to achieve carbon neutrality to avoid the future repercussions that

any additional delay in responding to climate change could cause. He

explained that the current framework in place for the manufacturing

and production of global goods needs to be replaced with a new one.

Meanwhile, Dr. Sheets expressed a more optimistic view about the

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