Europe – Knowledge@Wharton: Recent Episodes

Knowledge@Wharton is the online business analysis journal of the Wharton School of the University of Pennsylvania.

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Ukrainian President Volodymyr Zelenskyy has transformed into a masterful communicator and powerful leader during his nation’s crisis, according to Wharton's Michael Useem.

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Economic sanctions against Russia have cratered the ruble and caused product shortages. Massive job losses could be next, explains Wharton finance professor Nikolai Roussanov.

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New research from Wharton’s Britta Glennon and Exequiel “Zeke” Hernandez shows how employing skilled immigrants can give organizations a competitive edge.

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A new machine-learning approach to COVID-19 testing that was developed by Wharton’s Hamsa Bastani and other experts has produced encouraging results in Greece by identifying more asymptomatic, infected travelers than what conventional random testing would have achieved.

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The majority of employees working from home during the pandemic are just as productive, but they aren’t collaborating as effectively as before, according to a new study overseen by Wharton management professor Michael Parke.

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In the wake of the COVID-19 pandemic, policymakers have a “once-in-a-lifetime opportunity” to lead the way towards a low-carbon future, says Lord Greg Barker, executive chairman of En+ Group and former member of U.K. Parliament.

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A study by Boston Consulting Group and Awaris shows that a 10-week mindfulness program can help improve teams’ ability to solve problems.

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The new company will be the fourth-largest automaker in the world. How will it fare at a time when the automobile is being redefined in radical ways?

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Most executives care about creating long-term shareholder value but haven’t had the right tool to track it. A new performance measure introduced by Wharton’s Nicolaj Siggelkow and INSEAD’s Phebo Wibbens aims to change that.

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Uber’s latest skirmish with London regulators, which cost the company its license to operate in one of its most lucrative markets, is the result of a flawed culture, Wharton experts say.

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For the Denmark-based biotech firm, the U.N. sustainable development goals are an inspiration as well as part of business strategy.

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You are tracked more often, and in more meaningful ways, than you think. Wharton and Penn experts reveal exactly how your data is sold, shared and leaked.

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Subsidies and global supply chains are integral to making aircraft. But consumers will eventually pay in the fallout between Airbus and Boeing, experts say.

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Blockchain is overhyped, cryptocurrencies are not feasible and cybersecurity is the biggest threat society faces, according to QED's Amias Gerety.

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Navigating the balance between culture and technology is one of the toughest challenges of digital transformation, according to Nik Puri, senior vice president of global IT at FedEx, and Dan Alig, CIO at Wharton computing and information technology.

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Chirstine Lagarde is a shoo-in to become the next president of the European Central Bank. But will a straitjacket of low-to-negative interest rates give her any room to maneuver?

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China and the West have different approaches to fintech. Which will prevail?

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CEOs are increasingly stepping up to confront public policy issues, in part at the urging of their employees, note the authors of this opinion piece.

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Thirty-four central banks signed on to a statement warning that climate change is a significant financial risk to the global economy. Experts explain why they are taking a stand.

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With the arrival of a new royal baby in the U.K., it’s a good time to look at the changing state of the modern monarchy, says Wharton’s Mauro Guillen.

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Protections for non-permanent workers laid out by the European Parliament are a move in the right direction -- but countries outside the EU will observe carefully before adopting them.

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It’s not just the latest IMF forecast causing concern. Many straws in the wind point to tougher times ahead, experts say.

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The EU wants to help content creators and publishers gain more money and rights, but its new directive could hurt platforms and the overall online ecosystem.

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A no-deal Brexit could force more layoffs, plant closures and relocations among U.K. automakers, say experts.

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A faulty business model, rising oil prices and competitive pressure all contributed to the demise of Iceland’s WOW Air, according to experts.

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Capitalism has lost its way, argues economist Paul Collier in his new book, The Future of Capitalism. A review by Peter Vanham from the World Economic Forum looks at possible solutions.

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The SEC is after the German automaker’s CEO for allegedly defrauding bondholders by not coming clean on its emissions “defeat device.”

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The Eurozone faces a host of potentially destabilizing developments this year. But the region also has harbors some strong assets, which it is attempting to build up further as a safeguard.

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Experts discuss whether last-minute negotiations can help the U.K. avoid a disorderly exit from the European Union.

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Wrong calls on market size and shifts in demand patterns, along with an inflexible design, limited the runway for the world’s largest passenger airliner.

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Because there is so much complexity surrounding Brexit, analysis tends to fall short. In this opinion piece, Wharton Dean Geoffrey Garrett offers a concise guide to the situation and predicts more uncertainty ahead.

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A no-deal Brexit has investors rattled, because it could disrupt supply chains and cause economic and political chaos, warn experts.

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Fintech executive Jane Barratt of MX Technologies discusses the promises and pitfalls of 'open banking.'

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In the year ahead, the European Union faces challenges on multiple fronts: Brexit, internal leadership, trade, populism, migrants and more, say experts.

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Strong language on climate change must translate into government policies and carbon pricing, experts say.

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Italian fashion house Dolce & Gabbana is trying to clean up a public relations mess in China that highlights the importance of cultural sensitivity in a global marketplace.

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Deutsche Bank faces its most severe test yet in the wake of police raids on its Frankfurt offices over suspicions that it helped clients launder money.

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From the burning of wood and coal to nuclear power, developing energy sources has sparked societal advancement. But energy transitions take a long time, as we are learning with solar and wind power, notes a new book.

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B_verify, a new blockchain-based system created by a team from Wharton, MIT and Boston College, brings greater transparency to a key part of the global supply chain.

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The arrest of Carlos Ghosn casts a shadow over the Renault-Nissan-Mitsubishi alliance, which he created and led. A key lesson for corporations is the risk of concentrating too much power in a single executive, experts say.

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The blockchain, a form of distributed ledger technology, has the potential to transform the financial sector by bringing lower costs, faster execution of transactions, improved transparency, auditability of operations and other benefits.

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Copycats can pose an existential threat to any business. A new book discusses strategies to not only stay ahead of them, but also thrive.

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Have elites rigged the system? A new book, "Winners Take All," argues they do, and in this opinion piece the U.S. media lead for the World Economic Forum offers some perspective on the idea.

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By many measures, Comcast overpaid to acquire British pay TV firm Sky -- but if transformation is Comcast’s goal, the cost could be justified, experts say.

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Current trade wars being waged by the U.S., China and others have overlooked the ways in which companies already consider national interests in their sourcing decisions.

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Wharton’s Philip Nichols and Thorvaldur Gylfason of the University of Iceland share insights about why the economic recovery has worked but the political one hasn’t.

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Wharton experts say that new regulations in the U.S. and Europe since the financial crisis are a good start, but more needs to be done.

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While regulatory reforms since the global financial crisis have increased the resilience of the banking system, some risks have shifted to less regulated institutions and markets -- creating potential vulnerabilities.

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Sweden is expected to become the world’s first cashless society by 2023. What can other countries learn from its journey?

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The ESM, the Eurozone’s lender of last resort, set up an $800 billion fund in record time with a key innovation -- using private-sector best practices.

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Central bankers are not elected by the people, but they hold enormous influence. Former central banker Paul Tucker examines their enhanced role following the global financial crisis.

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President Erdogan must forsake populist policies and accept outside help to readjust the economy, even if this is politically unpalatable, Wharton experts say.