{"id":6167,"date":"2022-05-19T12:29:26","date_gmt":"2022-05-19T12:29:26","guid":{"rendered":"https:\/\/symposium.org\/?p=6167"},"modified":"2022-06-14T08:01:03","modified_gmt":"2022-06-14T08:01:03","slug":"essay-contest-has-lasting-impact","status":"publish","type":"post","link":"https:\/\/symposium.org\/essay-contest-has-lasting-impact\/","title":{"rendered":"The Global Essay Competition &#8211; Lasting Impact"},"content":{"rendered":"\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block stk-be5143a\" id=\"span-style-color-var-palette-color-1-0-a-005-a-class-stk-highlight-the-global-essay-competition-has-been-part-of-the-st-gallen-symposium-for-decades-the-top-100-essayists-win-a-chance-to-attend-as-leaders-of-tomorrow-for-many-it-is-a-life-changing-experience-span\" data-block-id=\"be5143a\"><h5 class=\"stk-block-heading__text\"><span style=\"color: var(--theme-palette-color-1, #0a005a);\" class=\"stk-highlight\">The Global Essay Competition has been part of the St. Gallen Symposium for decades. The top 100 essayists win a chance to attend as Leaders of Tomorrow. For many, it is a life-changing experience.<\/span><\/h5><\/div>\n\n\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block stk-3e5336b\" id=\"span-style-color-var-palette-color-1-0-a-005-a-class-stk-highlight-an-economists-big-idea-lands-her-symposiums-top-prize-span\" data-block-id=\"3e5336b\"><style>.stk-3e5336b{margin-bottom:0px !important}.stk-3e5336b .stk-block-heading__text{color:#bc8cfc !important}<\/style><h6 class=\"stk-block-heading__text has-text-color\"><span style=\"color: var(--theme-palette-color-1, #0a005a);\" class=\"stk-highlight\">An economist&#8217;s big idea lands her symposium&#8217;s top prize<\/span><\/h6><\/div>\n\n\n\n<figure class=\"wp-block-image alignleft size-large is-resized is-style-default\" data-block-type=\"core\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-22011-683x1024.jpg\" alt=\"\" class=\"wp-image-6171\" width=\"310\" height=\"467\"\/><figcaption><span style=\"color: var(--theme-palette-color-1, #0a005a);\" class=\"stk-highlight\"><strong>Sophie Lara Neuber<\/strong><br>MPhil Development Economics<br>at the University of Cambridge<\/span><\/figcaption><\/figure>\n\n\n\n<p data-block-type=\"core\"><span style=\"color: var(--theme-palette-color-3, #5a5a5a);\" class=\"stk-highlight\">When asked why a young student is interested in pension funds, Sophie Neuber replies that \u201cthey are the true intergenerational contract\u201d. Neuber is a student at Cambridge University, studying Development Economics and working in Mergers and Acquisitions at J.P. Morgan. \u201cWe have to restructure incentives to align interests,\u201d she says, \u201cand make all generations choose decisions that are beneficial and environmentally conscious for everyone else.\u201d<\/span><\/p>\n\n\n\n<p data-block-type=\"core\"><span style=\"color: var(--theme-palette-color-3, #5a5a5a);\" class=\"stk-highlight\">In countries like Poland (where she has her roots), the taxes a young professional pays contribute directly to not only their future pension, but also to that of their grandparents, the Cambridge development economics student says. To look at the way pensions payouts are distributed differently means to connect the dots and improve the quality of life for both the elderly and early-career workers.<\/span><\/p>\n\n\n\n<p data-block-type=\"core\"><span style=\"color: var(--theme-palette-color-3, #5a5a5a);\" class=\"stk-highlight\">The idea proposed in Neuber\u2019s award-winning essay is for the mathematical function that now regulates pension payouts to include two new aspects: net greenhouse gas emission per capita, to keep track of the environmental impact that a company has, and the Gini coefficient, a proxy that shows the income inequality in a given area.<\/span><\/p>\n\n\n\n<figure class=\"wp-block-image alignright size-large is-resized is-style-default\" data-block-type=\"core\"><img decoding=\"async\" src=\"https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-15061-1024x683.jpg\" alt=\"\" class=\"wp-image-6170\" width=\"-387\" height=\"-259\" srcset=\"https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-15061-1024x683.jpg 1024w, https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-15061-300x200.jpg 300w, https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-15061-768x512.jpg 768w, https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-15061-1600x1067.jpg 1600w, https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-15061-1536x1025.jpg 1536w, https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-15061.jpg 2048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption><span style=\"color: var(--theme-palette-color-1, #0a005a);\" class=\"stk-highlight\"><strong>Louis Klein<\/strong><br>Director of the European School of Governance, General Secretary for the International Federation for System Research<\/span><\/figcaption><\/figure>\n\n\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block stk-39bba50\" id=\"span-style-color-var-palette-color-1-0-a-005-a-class-stk-highlight-a-leading-essay-competition-alum-reflects-on-30-years-of-change-span\" data-block-id=\"39bba50\"><style>.stk-39bba50{margin-bottom:0px !important}.stk-39bba50 .stk-block-heading__text{color:#bc8cfc !important}<\/style><h6 class=\"stk-block-heading__text has-text-color\"><span style=\"color: var(--theme-palette-color-1, #0a005a);\" class=\"stk-highlight\">A leading essay competition alum reflects on 30 years of change<\/span><\/h6><\/div>\n\n\n\n<p data-block-type=\"core\"><span style=\"color: var(--theme-palette-color-3, #5a5a5a);\" class=\"stk-highlight\">Louis Klein took part in the essay competition in 1992. At the time, the atmosphere was very different. \u201cThirty years ago, we were all in a world that was sort of dominated by the idea of competitive advantage,\u201d Klein says. \u201cAt that time it suffused everything, thinking about business or thinking about politics, or thinking about well-being in the world.\u201d<\/span><\/p>\n\n\n\n<p data-block-type=\"core\"><span style=\"color: var(--theme-palette-color-3, #5a5a5a);\" class=\"stk-highlight\">The fall of the Berlin Wall made the notion of competition outdated. \u201cToday competition is probably not such a good idea,\u201d Klein says.<\/span><\/p>\n\n\n\n<p data-block-type=\"core\"><span style=\"color: var(--theme-palette-color-3, #5a5a5a);\" class=\"stk-highlight\">Still, Klein says, we need to take things one step further: \u201cWe need to ask ourselves, rather than playing the game, how do we change the game?\u201d When tackling complex issues like climate change, Klein suggests that we should focus on relationships, rather than focus on complexity. \u201cThis is what brings us back to the St. Gallen Symposium,\u201d Klein says. \u201cIt\u2019s the easiest way to have compassionate conversations where out of deep listening grow human relationships. All that we can possibly think about governance, politics, economics goes back to that.\u201d<\/span><\/p>\n\n\n\n<p data-block-type=\"core\">Pictures by Markus Ketola<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Global Essay Competition has been part of the St. Gallen Symposium for decades. The top 100 essayists win a chance to attend as Leaders of Tomorrow. For many, it is a life-changing experience. An economist&#8217;s big idea lands her symposium&#8217;s top prize When asked why a young student is interested in pension funds, Sophie [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":6172,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_gspb_post_css":"","footnotes":""},"categories":[14],"tags":[],"ppma_author":[146],"class_list":["post-6167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sympact"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"acf":[],"featured_image_urls_v2":{"full":["https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-21641-e1652981972412.jpg",2048,829,false],"thumbnail":["https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-21641-e1652981972412-150x150.jpg",150,150,true],"medium":["https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-21641-e1652981972412-300x121.jpg",300,121,true],"medium_large":["https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-21641-e1652981972412-768x311.jpg",768,311,true],"large":["https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-21641-e1652981972412-1024x415.jpg",1024,415,true],"xl":["https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-21641-e1652981972412-1600x648.jpg",1600,648,true],"xxl":["https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-21641-e1652981972412.jpg",2048,829,false],"xxxl":["https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-21641-e1652981972412.jpg",2048,829,false],"xxxxl":["https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-21641-e1652981972412.jpg",2048,829,false],"xxxxxl":["https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-21641-e1652981972412.jpg",2048,829,false],"1536x1536":["https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-21641-e1652981972412-1536x622.jpg",1536,622,true],"2048x2048":["https:\/\/symposium.org\/wp-content\/uploads\/2022\/05\/St.GallenSYmposium-21641-e1652981972412.jpg",2048,829,false]},"post_excerpt_stackable_v2":"<p>The Global Essay Competition has been part of the St. Gallen Symposium for decades. The top 100 essayists win a chance to attend as Leaders of Tomorrow. For many, it is a life-changing experience. An economist&#8217;s big idea lands her symposium&#8217;s top prize Sophie Lara NeuberMPhil Development Economicsat the University of Cambridge When asked why a young student is interested in pension funds, Sophie Neuber replies that \u201cthey are the true intergenerational contract\u201d. Neuber is a student at Cambridge University, studying Development Economics and working in Mergers and Acquisitions at J.P. Morgan. \u201cWe have to restructure incentives to align interests,\u201d&hellip;<\/p>\n","category_list_v2":"<a href=\"https:\/\/symposium.org\/category\/sympact\/\" rel=\"category tag\">SYMPACT<\/a>","author_info_v2":{"name":"Frauke Kops","url":"https:\/\/symposium.org\/author\/frauke-kops\/"},"comments_num_v2":"0 comments","authors":[{"term_id":146,"user_id":0,"is_guest":1,"slug":"sharon-zeller","display_name":"Sharon Zeller","avatar_url":"https:\/\/symposium.org\/wp-content\/uploads\/gravatars\/762b22de4bf1bf3924204e9b02554eaa","0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":"","8":""}],"_links":{"self":[{"href":"https:\/\/symposium.org\/wp-json\/wp\/v2\/posts\/6167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/symposium.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/symposium.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/symposium.org\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/symposium.org\/wp-json\/wp\/v2\/comments?post=6167"}],"version-history":[{"count":11,"href":"https:\/\/symposium.org\/wp-json\/wp\/v2\/posts\/6167\/revisions"}],"predecessor-version":[{"id":6756,"href":"https:\/\/symposium.org\/wp-json\/wp\/v2\/posts\/6167\/revisions\/6756"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/symposium.org\/wp-json\/wp\/v2\/media\/6172"}],"wp:attachment":[{"href":"https:\/\/symposium.org\/wp-json\/wp\/v2\/media?parent=6167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/symposium.org\/wp-json\/wp\/v2\/categories?post=6167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/symposium.org\/wp-json\/wp\/v2\/tags?post=6167"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/symposium.org\/wp-json\/wp\/v2\/ppma_author?post=6167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}