Recent Seminar – Keynote: Alexander Downer

In May, I attend a seminar in which the Keynote Speaker was Alexander Downer.Ā  Mr. Downer’s most recent position in Australia was of Foreign Affairs Minister from 2014 to 2018.Ā Ā  He is currently Executive Chair of the International School of Government at Kingā€™s College in London.

During his speech, Mr Downer addressed some interesting facts which assist with investment analysis.Ā  I hope you find the take outs highlighted below of interest!

  • Poverty has halved in the past 20 years.
  • 90% of children worldwide are vaccinated.
  • Life expectancy has increased from 50 to 70 years old (the average life expectancy in Australia is 80.4 years for male and 84.6 for female)
  • There are 1.3 billion people in Africa – just has large as India and China.
  • Globalisation has created Nationalism, and in Mr Downers opinion, Populism is really Nationalism;
  • In the last 500 years, there has been 16 cases where a ā€˜rising power has challenged a ā€˜status quoā€™ power ā€“ 12 of these 16 cases lead to war
    • The worst of this was World War I
  • Only NATO (North Atlantic Treaty Organisation) countries are threatened by China
    • NATO is an intergovernmental military alliance formed between 29 North American and European countries in 1949 to guarantee the freedom and security of its members
  • There are constant cyber attacks – the greater global population is unaware of.
  • Australia is an extremely prosperous country, and he believes that ā€œinactivity and indulgence borne out of complacencyā€ as a result of the mining boom, may lead to issues for Australia in years to come.
  • Australia only emits 1.3% of Global Emissions.

Source:Ā  Alexander Downer


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