Inclusive Growth

Bloomberg New Economy Forum

November 06 - 08
Real conversations catalyze real change.

Established in 2018 by Michael Bloomberg, the New Economy Form seeks to build a community of leaders to engage in real conversations--leading to actionable solutions--about the critical challenges facing a world economy in the throes of a historic transition. The inaugural forum will be held in Singapore on November 06-08, 2018, and will cover a range of topics, including global economic management, trade and investment, technology, urbanization, capital markets, climate change, and inclusion. 

Mike Bloomberg, the Founder of Bloomberg L.P., intends to bring to the forum the same pragmatic approach to problem-solving that marked his tenure as the three-term Mayor of New York City.

All participants will be encouraged to contribute their ideas. Using media technology, we will open the floor to global debate. And we will hear the voices of youth. 

Monday November 5, 2018

7:30 pm – Mastercard Diwali Dinner – Song of India Restaurant


Tuesday November 6, 2018

Capella Singapore

9:05 am – Panel: Remaking Global Trade

The global trading regime is beleaguered. As it attempts to reconcile competing economic models – free-market and state-led – and contrasting approaches to globalization, the WTO’s machinery is seizing up. Can it be restored to working order? If not, what would replace it? Just as important, what concrete steps should businesses take to reduce the insecurities of those left behind by globalization and head off the populist backlash to trade? 


  • Ajay Banga, President and Chief Executive Officer, Mastercard
  • Ailish Campbell, Chief Trade Commissioner and Assistant Deputy Minister, Global Affairs, Canada
  • Peter Mandelson, Former European Trade Commissioner; Co-Founder and Chairman, Global Counsel
  • Frederick W. Smith, Chairman and Chief Executive Officer, FedEx


  • Stephanie Flanders, Senior Executive Editor, Bloomberg Economics

9:50 am – Breakout Session I

Solutions Workshop: Developing A New Corporate Social Contract

Led by Rick Haythornthwaite, Chairman of the Board, Mastercard

Solutions Workshop: Bringing Corporate Voices to the AI Debate

Led by Tim Murphy, General Counsel, Mastercard

12:25 pm – Founding Partner Lunches

Mastercard - "Cities Ascendant: Making the case for inclusive urbanization"

Hosted by Ajay Banga, President and CEO of Mastercard                                          

Across the globe, people are moving to cities in search of jobs, education, and a better life. The world’s cities welcome 6 million new inhabitants every month, and nearly 70 percent of the world’s population will live in urban areas by 2050. This trend already outstrips the capacity of public services in many regions, exacerbating congestion, resource scarcity, and social inequalities. What can governments, businesses, and other non-state actors do to ensure that cities are a force for inclusive growth? What partnerships are necessary to scale broad-based solutions? This session, sponsored by Mastercard, will explore pathways to inclusive urbanization and the extraordinary potential of the cities of the future.

Fireside chat with:

  • Ajay Banga, President and CEO, Mastercard
  • Deputy Prime Minister Tharman Shanmugaratnam


Wednesday November 7, 2018

Located at Capella Singapore

9:15 am – Breakout Sessions III

Roundtable: The Economy & The State

Led by Merit Janow, Dean of Columbia University School of International and Public Affairs

Solutions Workshop: Expanding Financial Inclusion of Entrepreneurs

Led by Shamina Singh, President, Mastercard Center for Inclusive Growth

10:25 am – Breakout Sessions IV

Roundtable: New Corridors of Trade

Hosted by Mike Froman, Vice Chairman and President, Strategic Growth

12:55 pm – Founding Partner Lunches

FedEx - "The New Profile of Trade: Connecting people and possibilities"

The world is more connected than ever before, with large-scale technological transformations underway in infrastructure, online access, and future transport. During a time when international trade norms are being challenged, what does all this mean for consumers and private enterprise? As e-commerce continues to grow rapidly, what are the benefits of technology for customers and business owners? How can trade strengthen local communities in an era of hyper-globalization? This session, sponsored by FedEx, will chart a path forward that creates a more inclusive and dynamic global economy.


  • Fred Smith, Chairman & CEO, FedEx
  • Ajay Banga, President & CEO, Mastercard
  • Ian Bremmer, President & Founder, Eurasia Group
  • Marjorie Yang, Chairman, Esquel Group


  • Raj Subramaniam, Executive Vice President, Chief Marketing & Communications Officer, FedEx