Generative Artificial Intelligence (AI) in Managing, Assessing, and Mitigating Fraud Risks to save Millions, Billions, Trillions of Dollars.

What is Policy? Learn more about the Macroeconomics and Geopolitics of Cognitive and Generative Artificial Intelligence (AI) in Policy Formulation and Implementation: I am not lucky. I am blessed with Strategic Intelligence. How to assess organizational readiness to digital transformation and AI technology?

1) What is the C-suite in the digital age of change? C-suite executives and leaders expect more pressure over the next three years than they experienced over the previous five from technology, climate change and nearly every other megatrend affecting global business.

2) CEOs to have taken action aimed at reinventing their business models. Small company chief executives are more likely than their larger company counterparts to feel their company’s viability threatened.

3) What is the fiduciary duty of the board of directors? The stakes are high, but so is CEO awareness of both the urgency to change and the need to deliver sustained outcomes for stakeholders and society.

I read this year’s Global CEO Survey, the 27th we’ve conducted, suggests that the vast majority of companies are already taking some steps towards reinvention. Yet even as CEOs attempt meaningful changes to their companies’ business models, they are even more concerned about their long-term viability.

"Although the 4,702 CEOs responding to this year’s survey were more optimistic about global economic growth than last year, 45% of them are still not confident that their companies would survive more than a decade on their current path."

Among the other key findings: The stakes are high, but so is CEO awareness of both the urgency to change and the need to deliver sustained outcomes for stakeholders and society. To clarify the nature of the challenge and the opportunities associated with meaningful business reimagination, we’ve organized this year’s report in nine sections under three themes.?

What is Boldness in Global Digital Leadership? As a successful global servant leader and talented high-tech expert with world-class experience and hands-on expertise, I read the Climate Change 2023 Synthesis Report - Summary for Policymakers. For more details on resourcing as a key challenge, see Basel Committee on Banking Supervision (2023).

I am delighted to read the Newsletter in the Implementation of the Principles for the effective management and supervision of financial risks. In my executive and leadership career, I witnessed firsthand that Bold Action is needed and necessary to tackle challenges, solve problems, deliver great outputs and achieve sustainable quality results.

1) What is Boldness in Effective Digital Leadership? Discover the world's TOP paying jobs with an annual salary of multi-million-dollar plus benefits in 2024? Where are they? In what industries?

2) How much is your professional worth? Do you know the real and true value of your STEM Expertise? How do you assess your professional worth in the disruptive era of artificial intelligence (AI). What is Data? How to mitigate organizational systemic risks?

3) What is Policy? About the Macroeconomics and Geopolitics of Cognitive and Generative Artificial Intelligence (AI) in Policy Formulation and Implementation?

4) What is Global Digital Leadership? How to further cement the resilience of the global banking system? How to safeguard the global capital market? How to foster the creation of a truly integrated banking market, refine the crisis management framework and address the digital skills gaps in the macroprudential framework?

5) What is Boldness in Effective Global Leadership? How to assess the impact of Artificial Intelligence ((AI) Technology on Policy Formulation and Implementation? What are the different TYPES of policies?

6) What is the list of the TOP 50 Global High Risks and Challenges in 2024? How to build a Global Executive and Leadership Career Success? If you know what you worth is, how to go out and get your real worth? Why is strategic leadership valuable? How to foster accountability with trust and transparency?

7) What makes a champion? About a successful C-suite executive and leader in the digital age of change? How can you get your worth? What does it mean to not point fingers? How to climb the global executive and leadership ladder of career success in the era of artificial intelligence?

8) Is your organization at risk? What is the list of the TOP 30 most in-demand skills and leadership core competencies necessary for the critical positions of C-suite executives? How to assess competencies and measure performance?

9) What is Boldness in Effective Digital Leadership? How to close the digital divide? How to unlock human potential? How to close the digital skills gaps?

10) What is the list of the TOP High-Paid Jobs with an Annual Salary of more than $ 1 million? Where are they? In what industries? How to join a multinational club of millionaires and billionaires?

11) What is Policy? About the major impact of Artificial Intelligence (AI) on Policy Formulation and Implementation?

12) What is Fraud? About AI Forensic Audit? Can Artificial Intelligence (AI) help organizations eliminate fraud and corruption to save millions, billions, and trillions of dollars? So, how to learn from the right experienced and talented experts demonstrating hands-on expertise in artificial intelligence (AI)?

This morning on Wednesday, March 13, 2024, I was delighted to read the Article on LinkedIn from the European Central Bank (ECB) on the Operational Framework for Implementing Monetary Policy, as follows:

" Our Governing Council has decided to adjust the operational framework for implementing monetary policy. We use this framework to steer short-term money market rates in the euro area closely in line with the Governing Council’s monetary policy decisions. The changes ensure the framework remains appropriate as the Eurosystem balance sheet normalizes. They establish key principles and parameters for monetary policy implementation and for liquidity provision as excess liquidity in the euro area banking system, while remaining significant over the coming years, gradually declines. These decisions follow a review that was announced in December 2022."

As a Global Servant Leader and Lifelong Learner, I never STOP reading, learning and world-class traveling to sharpen my global leadership skills and enhance my expert-knowledge to continue making a positive difference, I am a firm believer in Bold Action to drive Digital Transformation and innovate Bold Solution.

What is Boldness in Effective Leadership? The absolute imperative of up-skilling and re-skilling in the digital age of change and in the disruptive era of artificial intelligence (AI) technology. I am passionate about reading, learning and world-class traveling across the globe.

As a multilingual with professional efficiency and hands-on expertise in multiple languages and cultural psychology, I enjoy reading articles and messages from the TOP multinational organizations, multilateral institutions, and global multi-billion-dollar business companies. Furthermore, I receive on a daily basis expert-insights from world-class faculty at the world's Best Ivy League Business Schools and TOP Science and Technology Universities across the seven continents.

The Rise of Stellar Global Experts and the TOP High-Paid Jobs with an Annual Salary of $ millions of dollars: How to Assess your Worth with hands-on expertise in Digital Finance, Behavioral Economics, Strategic Intelligence, Psychology of decision-making, Computer Science, Data Analytics, Technology, Engineering, Algorithms and Math (STEM)? Learn more from the right experienced and talented experts with acumen.

Learn more from the right skilled, experienced, and talented experts about your professional worth, but not point fingers. Is there a lesson learned from the TOP 10 wealthiest billionaires with a Net Worth of more than $ 100 billion? How to become a millionaire and a billionaire? Ask talented experts.

?1) What is Boldness in Effective Digital Leadership? Is your organization at risk? How to assess, oversee, and mitigate organizational systemic risks?

2) What does it really take to climb the Global Executive and Leadership Ladder of Career Success in today's interconnected data-driven dynamic world?

The Rise of Stellar Global Experts and the TOP High-Paid Jobs with an Annual Salary of $ 1 million plus benefits: How to Assess your Worth with STEM Expertise: by a Global Subject Matter Expert, Visionary Leader, Quintessential Academic Intellectual, Risk Data-driven Tech Savvy, and Consummate Public Servant with Hands-on Expertise, Digital Growth Mindset, Leadership Competencies. I am not lucky. I am blessed with Strategic Intelligence.

With expertise in Digital Finance, Behavioral Economics, Strategic Intelligence, Psychology of decision-making, Computer Science, Data Analytics, Technology, Engineering, Algorithms and Math (STEM, how much you worth in 2024? If you know what your real worth is, then go out and get your professional worth in the disruptive era of artificial intelligence (AI).

1) What is the list of the TOP 50 Global High Risks and Challenges in 2024? How to build a Global Executive and Leadership Career Success? If you know what you worth is, how to go out and get your real worth? Why is strategic leadership valuable? How to foster accountability with trust and transparency?

2) What makes a champion? About a successful C-suite executive and leader in the digital age of change? How can you get your worth? What does it mean to not point fingers? How to climb the global executive and leadership ladder of career success in the era of artificial intelligence?

2) Is your organization at risk? What is the list of the TOP 30 most in-demand skills and leadership core competencies necessary for the critical positions of C-suite executives? How to assess competencies and measure performance?

3) What is Boldness in Effective Digital Leadership? How to attract, hire and retain the right C-suite Executives and Business Leaders with the right skills sets, abilities, cleverness, and digital growth mindset necessary to turn ambitious ideas into insights, and to transform global challenges into great opportunities?

4) What is the list of the TOP High-Paid Jobs with an Annual Salary of more than $ 1 million? Where are they? In what industries? How to join a multinational club of millionaires and billionaires?

4) What is Policy? About the major impact of Artificial Intelligence (AI) on Policy Formulation and Implementation in the Digital Age of Change? How to mitigate organizational systemic risks?

5) What is Fraud? About AI Forensic Audit? Can Artificial Intelligence (AI) help organizations eliminate fraud and corruption to save millions, billions, and trillions of dollars? So, how to learn from the right experienced and talented experts demonstrating hands-on expertise in artificial intelligence (AI)?

6) What is Global Digital Leadership? How to define the fundamental leadership skills in Cultural Anthropology and Psychology, Behavioral Economics, Data Analytics, and Generative Artificial Intelligence (GenAI) in today's interconnected data-driven dynamic world?

Learn more from the right skilled, experienced, and talented experts about your professional worth, but not point fingers. Is there a lesson learned from the TOP 10 wealthiest billionaires with a Net Worth of more than $ 100 billion? How to become a millionaire and a billionaire? Relax and learn from experts.

How to Join the World's Largest Multinational Culture Club for world-class travelers, seeking to build genuine relationships and sharpen their global leadership skills with experienced experts, talented executives, millionaires, decision makers, billionaires, global leaders, visionaries, and data-driven strategists in the digital age of unprecedented change and in the disruptive era of artificial intelligence (AI).

As a successful visionary leader with world-class experience, I am passionate about reading, learning and world-class traveling. This morning, I was delighted to read the article written by Angus Deaton, which appears in the International Monetary Fund's Finance and Development (F&D) magazine.

The economist critically examines the economics profession. He particularly addresses the profession's failure to foresee the financial crisis and its potential role in causing it by placing too much faith in the efficacy of financial markets, which were not as well comprehended as economists assumed. For further information, please read the IMF F&D Magazine for the month of March 2024.

1) What is Boldness in Effective Digital Leadership?

2) What does it really take to climb the Global Executive and Leadership Ladder of Career Success in today's interconnected data-driven dynamic world?

As a lifelong learner and word-class traveler with intellectual curiosity, I have been traveling across countries, cultures, and continents to sharpen my global leadership expertise in human behaviors while enhancing my knowledge of cultural psychology and anthropology. My utmost goal is to make a positive difference in people's lives while building a more prosperous world. Through firsthand knowledge of STEM, Behavioral Economics, Cultural Psychology and World-class travel experiences, I have sharpened my global leadership skills and gained valuable insights into human behaviors across countries. This has enabled me to effectively lead complex global business operations.

The world's largest Multinational Culture Club for world-class travelers seeking to build genuine relationships with global experts in the digital era. I am not lucky. I am blessed. Global Executive and Leadership Career Success is not a matter of luck. It doesn't happen by chance. Organizational digital transformation requires the right talented High-Tech experts with digital acumen and a clear purpose.

As a successful High-Tech expert, I bring out the Best in People by applying science, technology, engineering, algorithms, and math (STEM). Imagine a brighter future by surrounding yourself with successful Tech-Savvy executives, thoughtful visionary leaders, and talented High-Tech experts in the era of cutting-edge science and emerging technology, such as artificial intelligence (AI).

1) How to develop a digital growth mindset for innovation?

2) How to drive digital transformation and achieve long-term business success with an aligned purpose, vision, strategy, and the right talented diverse team?

3) What are the right tools to build organizational resilience?

4) How to assess organizational readiness to cutting-edge science and emerging technologies, such as generative artificial intelligence (GenAI)?

5) Does your organization have an effective capacity building, development and training program to maximize employee engagement, optimize customer experience (CX), and increase executive presence?

6) What is Artificial Intelligence (AI) Technology? About UPSKILLING? How to improve your ability to lead authentically, manage high-performance teams, explore core leadership themes, and become a driving force for change in your organization?

7) How to assess what your organization needs to succeed, create a compelling vision for its future and implement a strategic operational plan to deliver?

8) Application of cutting-edge technologies in leading through uncertainty and disruption: How to build human resources (H/R) capacity, unlock AI potential, unleash opportunities, integrate resilience into organizational structures, and develop a measurable data-driven strategic operational plan?

We unlock the potential of Artificial Intelligence (AI) to make a positive difference in people's lives while building a prosperous world. We unlock the potential of Artificial Intelligence (AI) to make a positive difference in people's lives while building a prosperous world.

Boldness in Effective Digital Leadership and AI to Turn Ambitious Ideas into Expert-insights and Transform Global Challenges into Great Opportunities

What is Boldness in Effective Digital Leadership? Becoming a Bold Leader is a journey that requires both Inner Strength and Strategic Action. Don’t leave your Executive and Leadership Career, including your world-class professional experience, to chance. Learn more from the right skilled, experienced, and talented High-Tech experts with acumen, wisdom, and stamina. Discover the Superpower of STEM. Put Cutting-edge Technology to work hard for you?

Lead the Path to Global Executive and Leadership Career Success. Welcome to the Multinational Team of highly successful tech-savvy executives, millionaires, billionaires, visionaries, innovators, thoughtful leaders, and talented high-tech experts with digital acumen. Digital service is my passion, making a positive difference is my priority. What is Boldness in effective leadership?

In many executive and leadership positions, I was grateful for the opportunity to connect people across countries, strengthen professional relationships, and streamline inefficient organizations. As we look to a bright future through the effective application of Science, Technology, Engineering and Math (STEM), we stay committed to tackling challenges and finding bold solutions.

As a lifelong learner and successful visionary leader with world-class experience, I am passionate about reading, learning and world-class traveling. This morning, I was delighted to read the article written by Angus Deaton, which appears in the International Monetary Fund's Finance and Development (F&D) magazine.

The economist critically examines the economics profession. He particularly addresses the profession's failure to foresee the financial crisis and its potential role in causing it by placing too much faith in the efficacy of financial markets, which were not as well comprehended as economists assumed.

“The economics profession knows and understands many things, Angus Deaton writes in F&D. “Yet today we are in some disarray. We did not collectively predict the financial crisis and, worse still, we may have contributed to it through an overenthusiastic belief in the efficacy of markets, especially financial markets whose structure and implications we understood less well than we thought.” Read the 2015 Nobel laureate’s article: “ Rethinking my Economics” in F&D, March 2024.

1)What did Angus Deaton write about the economics profession?

2)What is the article by Angus Deaton about?

3)What is the view of the economics profession on the financial crisis?

4) How do you consider integrating these insights into your risk management strategies?

5) How can I improve financial literacy? Why is market structure comprehension vital? What lessons can be learned from financial crises?

?6) How can economics address poverty? What is economic welfare beyond income?

?The economics profession's self-critique suggests a need for more robust financial literacy and market structure comprehension. Financial crisis analysis by a Nobel laureate can provide valuable lessons for risk management and economic forecasting. Markets are complex, and the article underscores the importance of continuous learning and adaptation in financial professions.

1)? How can economics improve market understanding? Why is market efficacy overestimated?

2)How can economics improve crisis prediction? Why is market structure understanding vital?

3) What is the article by Angus Deaton about? How can economics integrate ethics?

4)Why is market structure comprehension vital?

?Like many others, I have recently found myself changing my mind, a discomfiting process for someone who has been a practicing economist for more than half a century. I will come to some of the substantive topics, but I start with some general failings. I do not include the corruption allegations that have become common in some debates. Even so, economists, who have prospered mightily over the past half century, might fairly be accused of having a vested interest in capitalism as it currently operates. I should also say that I am writing about a (perhaps nebulous) mainstream, and that there are many nonmainstream economists.

· Power: “Our emphasis on the virtues of free, competitive markets and exogenous technical change can distract us from the importance of power in setting prices and wages, in choosing the direction of technical change, and in influencing politics to change the rules of the game. Without an analysis of power, it is hard to understand inequality or much else in modern capitalism.”

· Philosophy and ethics:?“In contrast to economists from Adam Smith and Karl Marx through John Maynard Keynes, Friedrich Hayek, and even Milton Friedman, we have largely stopped thinking about ethics and about what constitutes human well-being. We are technocrats who focus on efficiency. We get little training about the ends of economics, on the meaning of well-being—welfare economics has long since vanished from the curriculum—or on what philosophers say about equality. When pressed, we usually fall back on an income-based utilitarianism. We often equate well-being with money or consumption, missing much of what matters to people. In current economic thinking, individuals matter much more than relationships between people in families or in communities.”

· Efficiency is important, but we valorize it over other ends. “Many subscribe to Lionel Robbins’ definition of economics as the allocation of scarce resources among competing ends or to the stronger version that says that economists should focus on efficiency and leave equity to others, to politicians or administrators. But the others regularly fail to materialize, so that when efficiency comes with upward redistribution—frequently though not inevitably—our recommendations become little more than a license for plunder. Keynes wrote that the problem of economics is to reconcile economic efficiency, social justice, and individual liberty. We are good at the first, and the libertarian streak in economics constantly pushes the last, but social justice can be an afterthought. After economists on the left bought into the Chicago School’s deference to markets—“we are all Friedmanites now”—social justice became subservient to markets, and a concern with distribution was overruled by attention to the average, often nonsensically described as the “national interest.”

· Empirical methods:?“The credibility revolution in econometrics was an understandable reaction to the identification of causal mechanisms by assertion, often controversial and sometimes incredible. But the currently approved methods, randomized controlled trials, differences in differences, or regression discontinuity designs, have the effect of focusing attention on local effects, and away from potentially important but slow-acting mechanisms that operate with long and variable lags. Historians, who understand about contingency and about multiple and multidirectional causality, often do a better job than economists of identifying important mechanisms that are plausible, interesting, and worth thinking about, even if they do not meet the inferential standards of contemporary applied economics.”

· Humility: “We are often too sure that we are right. Economics has powerful tools that can provide clear-cut answers, but that require assumptions that are not valid under all circumstances. It would be good to recognize that there are almost always competing accounts and learn how to choose between them

The economics profession knows and understands many things, Angus Deaton writes in F&D. “Yet today we are in some disarray. We did not collectively predict the financial crisis and, worse still, we may have contributed to it through an overenthusiastic belief in the efficacy of markets, especially financial markets whose structure and implications we understood less well than we thought.

I take pride in celebrating both Women's History Month and, also, International Women's Day on Friday, March 8, 2024. Indeed, I Pay Tribute to my MOM as my leadership role model. I am grateful for her character, honesty, integrity, resilience, core ethical values, principles, unwavering optimism with an open heart, and high standards towards excellence. Indeed, she leads by example.

1) What is Boldness in Effective Leadership?

2) How to become a Bold Digital Leader? What are the characteristics, traits, qualities, and habits of highly successful Servant and Visionary Leader in the Digital Age of Change in the Disruptive Era of Emerging Technologies?

3) Is there a lesson learned from the world's TOP 10 wealthiest billionaires, successful business leaders and talented tech-savvy executives with a Net Worth of more than $ 100 billion?

4) Is Bold Action needed and necessary to innovate Bold Solutions?

The Rise of a stellar Servant Leader, successful Tech-Savvy executive, visionary, and talented High-Tech expert, making a positive difference. Find out how talented high-tech experts and tech-savvy executives unlock the potential of innovative technologies and create positive and impactful change by understanding the Macroeconomic and Geopolitical Implication of their Artificial Intelligence (AI) Strategy.

I was thrilled, delighted, and honored by the extraordinary opportunity to participate in the first-ever World Bank Digital Summit. It convened government officials, private sector representatives, partner organizations, and thought leaders to explore digitalization's transformative opportunities from March 4-6, 2024. I am thankful to the executive leadership team. What is WBG?

As a lifelong learner and bold servant leader with purpose, intellectual curiosity, and a clear vision, I am serious about continuous personal and professional development, including UPSKILLING and RESKILLING to sharpen my global leadership skills and enhance my expert-knowledge. Indeed, I take pride in making a positive difference while building a more prosperous world through cutting-edge science and emerging technologies.

Learn more from the right experienced and talented experts about the Senior Leadership Executive Program in Cognitive and Generative AI for designing the right Organizational Model, Culture, and Structure to innovate bold solutions, deliver great outputs, and achieve sustainable quality results.

Discover the Path to Global Executive and Leadership Career Success: ?The TOP 30 most in-demand executive and leadership skills necessary to transform global challenges into great opportunities. What are they?

Is Technology a game-changer? Do METRICS matter? How to assess competencies to measure responsibilities and accountabilities? What is the critical importance of Cultural Psychology and Anthropology in Global Leadership and Strategy? What is Boldness in Effective Leadership?

Discover the world's TOP Most In-demand Global leadership skills in Social Psychology, Behavioral Economics, Cultural Psychology and Anthropology, Data Analytics, and Generative AI required and necessary to make the right positive, lasting, and impactful difference while delivering great outputs, achieving sustainable quality results, and sustaining high-performance.

As a Former Professor of Psychology, I just read the positive and inspiring message from the IMF Managing Director Kristalina Georgiva, posted on Linkedin: “Embracing the wisdom of Shirley Chisholm, the first black woman in the US Congress: if they don't give you a seat at the table, bring a folding chair.” – “Proud to stand alongside these exceptional women from the World Bank and the International Monetary Fund to celebrate International Women’s Day. They not only brought the chair, but redesigned the entire table!”

In many leadership positions, I have gained firsthand knowledge of applying the concepts of educating, learning, skilling, upskilling, and reskilling. Furthermore, I have demonstrated hands-on expertise in motivating, inspiring, and preparing the Next Generation of highly talented experts, executives, and leaders.

My Global Leadership Legacy, Milestones, and Scientific Journey in Making a Positive, Lasting, and Impactful Difference with a Digital Growth Mindset: The Artificial Intelligence (AI) Future of Work Strategy with Purpose, Empathy, Kindness, High Professional Standards, Integrity, Honesty, and Etiquette.

The absolute imperative of Upskilling and Reskilling for C-suite Executives and Business Leaders: “From financial crises to climate change to technological innovation, the global economy has evolved drastically in recent decades, yet economics as a discipline is much slower to adapt.” What is leadership? How to make a positive difference?

As an exemplary academic intellectual, I dedicated sufficient time to reading, learning, traveling across countries and continents while studying, networking, and contemplating complex macroeconomic, financial, and technological issues with purpose. I committed extensive hours to engage with challenging topics through effective communication with friends across countries and organizations. I prioritize personal and professional growth with a digital mindset.

Learn from the right experienced and talented high-tech experts how to design the right organizational model, corporate human-centric culture of trust, and hierarchical structure to drive digital transformation and innovate bold solutions.

1) Is stress in the workplace a pervasive problem with far-reaching negative impacts on both individuals and organizations?

2) Why aren't executive leadership teams paying more attention and working toward creating a real human-centric culture for healthier work environments?

3) Does workplace stress undermine productivity and performance? Can stress compromise mental and physical health?

4) What is the root cause of mismanagement? In the short and long run, does mismanagement erode an organization's effectiveness and competitiveness?

As a former Professor of Psychology, I have been keeping a diary. It has served me well tracking key economic developments and technology trends through the pursuit of knowledge.

I am a firm believer in bold action to drive digital transformation and innovate bold solutions. In my successful executive and leadership career, I witnessed firsthand that bold action is necessary to solve problems, deliver great outputs and achieve quality results.

1)??? What is Cultural Anthropology? About Social Psychology and Behavioral Economics? How do you define global leadership?

2)??? How can leaders work effectively in a global environment?

3)??? What are global challenges and silent resistance and how can global leaders overcome them?

4)??? Why are coaching, educating, nurturing, training, and mentoring important people leadership skills?

5)??? What is Boldness in effective leadership? How to define the scientific process in achieving change and improvement?

6)??? How to design a corporate human-centric culture of trust, collaboration, and continuous improvement? Even in difficult times, maintaining hope and optimism drives leaders forward.

7)??? How to reach AI Proficiency? Can AI adoption be a challenging process? C-suite executives and leaders may face resistance, technical complexities, organizational shifts?

8)??? Is acknowledging the pain of change essential in leadership? Does AI implementation involve trial and error?

As a successful High-Tech expert and a talented Servant Leader with world-class experience and digital acumen, I proudly embrace experimentation and learn from missteps. Despite initial hurdles, persistence in AI endeavors, I motivate, inspire, manage and lead to transformative outcomes.

The AI Future of Work Strategy with a Digital Growth Mindset: My Global Leadership Legacy and Scientific Journey in Making a Positive Difference.

What is Digital Leadership? The global demand for highly successful Tech-Savvy executives, thoughtful leaders, visionaries, and talented High-Tech experts with excellent problem-solving, analytical, strategic data-driven decision-making, and digital skills has never been greater in 2024. Discover the scientific path and explore opportunities to global executive and leadership career success.

What is Debt Management? Learn more about Organizational Systemic Risks, Global Financial Systems, as well as Monetary and Fiscal Policies. Can Generative AI (GenAI) help organizations save millions, billions, and trillions of dollars? Find out how?

What is Servant Leadership? I discovered my Passion with Purpose and Fulfillment decades ago, becoming a Professor of Psychology. I am grateful for the opportunity to motivate, inspire, educate, coach, mentor and prepare highly successful C-suite Executives and Leaders.

What is Transformational Leadership? I spend a considerable amount of time engaging in intellectual pursuits. I allocate a significant portion of my time to reflecting on macroeconomic and financial and technological issues. I never STOP upskilling and reskilling. I will never STOP travelling across countries to sharpen my global leadership skills and enhance my expert-knowledge.

As a lifelong learner with intellectual curiosity, I am thankful to the executive team of the International Monetary Fund (IMF). And I am grateful for the 2024 March issue of Finance and Development (F&D) Magazine.

“The 2024 March issue of Finance and Development (F&D) magazine asks, “Economics: How should it change?? For this issue, we invited leading economists and other eminent thinkers to share their views on how economics can better address the challenges of the 21st century.”

“From financial crises to climate change to technological innovation, the global economy has evolved drastically in recent decades, yet economics as a discipline is much slower to adapt.”

As a quintessential academic intellectual and a former Professor of Psychology, I have kept a diary.?Hold on, I'll check my diary.? As cutting-edge science and emerging technologies are evolving, I continue making entries in my diary.

Once again, I am thankful to the executive team of IMF. And I am grateful for the message below:

Dear Vanel,

From financial crises to climate change to technological innovation, the global economy has evolved drastically in recent decades, yet economics as a discipline is much slower to adapt. In the 2024 March issue of Financial and Development (F&D) we ask, Economics: How should it change?

“Extensive professional soul-searching since the global financial crisis of 2008 has focused on how economics can better integrate social sciences and elevate welfare and distributional issues,” write F&D editor-in-chief, Gita Bhatt.

“There has been much rethinking of macroeconomics and the design of policy approaches. And there is a growing consensus that the profession must be open to new ideas and frameworks if it hopes to solve the world’s biggest problems.”

This issue of F&D takes a fresh look at the discipline. We invited leading economists and other eminent thinkers to share their views on how economics must change to better address the challenges of the 21st?century.

Leading with our symposium, How Economics Must Change, we ask six prominent economists to contemplate how the profession can improve:

1) Rethinking My Economics: Questioning one’s views as circumstances evolve can be a good thing | Angus Deaton

2) Why and how Economics must change: Economics needs greater humility, a better sense of history, and more diversity | Jayati Ghosh

3) Renewing Economics: Fundamental economic changes require a departure from simplistic economics | Diane Coyle

4) How Inflation Radically Changes Economic Ideas: Inflation teaches us that supply, not demand, constrains our economies, and government borrowing is limited | John H. Cochrane

5) Breaking the Debt Supercycle: Dependence on credit to boost demand imperils the world economy—we must correct the underlying imbalances | Atif Mian

6) Economic and Innovation: Economists can play a crucial role in the development of innovations for serving social, environmental, and other human needs | Michael Kremer

7) New Lessons from Behavioral Economics: The long reach of life experience affects real-world economic outcomes, for policymakers and consumers alike | Ulrike Malmendier and Clint Hamilton

8) March of the Models: Economists turned classical word-based political economy into a mathematical discipline | Niall Kishtainy

As a successful Global Servant Leader, Bold Visionary Strategist, and a Former Professor of Psychology, I am a firm believer in Bold Action to drive Digital Transformation and innovate Bold Solutions. With intellectual curiosity, and a digital growth mindset, I just read the positive and inspiring message from the IMF Managing Director Kristalina Georgiva, posted on Linkedin:

1) “Embracing the wisdom of Shirley Chisholm, the first black woman in the US Congress: if they don't give you a seat at the table, bring a folding chair.”

2) “Proud to stand alongside these exceptional women from the World Bank and the International Monetary Fund to celebrate International Women’s Day. They not only brought the chair, but redesigned the entire table!”

3)?“Digital equity is not just morally right but also economically sound. Women's lack of access to digital tools and education not only limits their individual opportunities, but also hinders the growth and innovation of the digital economy."

4) "Let's prioritize digital inclusion and empower women to unleash their full potential.” By the IMF Managing Director Kristalina Georgiva.