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The World Financial Review empowering communication globally SEPTEMBER - OCTOBER 2022 5 15 20 GLOBAL ECONOMY Is a Global Economic Recession Looming? Kalim Siddiqui WORKPLACE Why a Recession will Boost Remote Work Gleb Tsipursky BLOCKCHAIN Uncovering the Value of Blockchain Applications in the World of Finance Qiang Cheng 24 28 TECHNOLOGY Dancing Over the Technology Stack Dr Aleksander Poniewierski INVESTMENT The Importance of Alternative Citizenship and Golden Passports to Investors Bluemina Citizenship and Residency 32 SUSTAINABLE INVESTMENT Sustainable Investment and Green Financing in the British Virgin Islands Rachael Pape 36 OFFSHORING Offshore Jurisdictions: Sunny Places for Shady Business No More! Andrew James Perkins 41 INNOVATION Putting Voice to Work When Innovation Falls Behind David De Cremer and Patrick Mancel 46 52 57 62 66 70 74 OUTSOURCING Vested Outsourcing: Five Rules that Transform Outsourcing Kate Vitasek SUPPLY CHAIN Reshaping Supply Chains In The Era Of Disruptions Guilherme F. Frederico ENERGY Energy Security, Transition Risks and No Regrets: The Long-Term Strategies of the Oil Majors Mathieu Blondeel and Mike Bradshaw UNITED STATES More Innovation Can Creatively Destroy Firearm Violence Dan Prud’homme ASEAN The Relevance of ASEAN Mutual Recognition Arrangements in Human Resource Development John Paolo R. Rivera and Tereso S. Tullao, Jr. VIETNAM Differing Cultural Perceptions of High School Employment: A Vietnam Case Study David Nguyen ISLAMIC FINANCE Improving Food Security through Islamic Finance Ali Chamani Al Anshory and Wahyu Jatmiko Production Accounts: Lynn Moses. Head of Design and Production: Kimberly Barrera. Production & Design: Charlene Alemania. Editors: Elenora Elroy, David Lean. International Media Editors: Ariane Cornejo, Maria Carmela Matibag. Editorial and Marketing: Pamela Martinez, Mary Celu Aratas. Digital Content: Angela Lebrino. Print Strategy: Stefan Newhart. Group Managing Editor: Jane Liu. Editor in Chief: The World Financial Review Publishing Oscar Daniel. READERS PLEASE NOTE: The views expressed in articles are the authors’ and not necessarily those of The World Financial Review. Authors may have consulting or other business relationships with the companies they discuss. The World Financial Review: 3 - 7 Sunnyhill Road, London SW16 2UG, Tel +44 (0)20 3598 5088, Fax +44 (0)20 7000 1252, info@worldfinancialreview.com, www.worldfinancialreview.com No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, or any information storage and retrieval system, without written permission. Copyright © 2022 EBR Media Ltd.All rights reserved. ISSN 1757-5680 empowering communication globally

The World Financial Review empowering communication globally

SEPTEMBER - OCTOBER 2022

5

15

20

GLOBAL ECONOMY Is a Global Economic Recession Looming? Kalim Siddiqui

WORKPLACE Why a Recession will Boost Remote Work Gleb Tsipursky

BLOCKCHAIN Uncovering the Value of Blockchain Applications in the World of Finance Qiang Cheng

24

28

TECHNOLOGY Dancing Over the Technology Stack Dr Aleksander Poniewierski

INVESTMENT The Importance of Alternative Citizenship and Golden Passports to Investors Bluemina Citizenship and Residency

32

SUSTAINABLE INVESTMENT Sustainable Investment and Green Financing in the British Virgin Islands Rachael Pape

36

OFFSHORING Offshore Jurisdictions: Sunny Places for Shady Business No More! Andrew James Perkins

41

INNOVATION Putting Voice to Work When Innovation Falls Behind David De Cremer and Patrick Mancel

46

52

57

62

66

70

74

OUTSOURCING Vested Outsourcing: Five Rules that Transform Outsourcing Kate Vitasek

SUPPLY CHAIN Reshaping Supply Chains In The Era Of Disruptions Guilherme F. Frederico

ENERGY Energy Security, Transition Risks and No Regrets: The Long-Term Strategies of the Oil Majors Mathieu Blondeel and Mike Bradshaw

UNITED STATES More Innovation Can Creatively Destroy Firearm Violence Dan Prud’homme

ASEAN The Relevance of ASEAN Mutual Recognition Arrangements in Human Resource Development John Paolo R. Rivera and Tereso S. Tullao, Jr.

VIETNAM Differing Cultural Perceptions of High School Employment: A Vietnam Case Study David Nguyen

ISLAMIC FINANCE Improving Food Security through Islamic Finance Ali Chamani Al Anshory and Wahyu Jatmiko

Production Accounts: Lynn Moses. Head of Design and Production: Kimberly Barrera. Production & Design: Charlene Alemania. Editors: Elenora Elroy, David Lean. International Media Editors: Ariane Cornejo, Maria Carmela Matibag. Editorial and Marketing: Pamela Martinez, Mary Celu Aratas. Digital Content: Angela Lebrino. Print Strategy: Stefan Newhart. Group Managing Editor: Jane Liu. Editor in Chief: The World Financial Review Publishing Oscar Daniel. READERS PLEASE NOTE: The views expressed in articles are the authors’ and not necessarily those of The World Financial Review. Authors may have consulting or other business relationships with the companies they discuss. The World Financial Review: 3 - 7 Sunnyhill Road, London SW16 2UG, Tel +44 (0)20 3598 5088, Fax +44 (0)20 7000 1252, info@worldfinancialreview.com, www.worldfinancialreview.com No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, or any information storage and retrieval system, without written permission. Copyright © 2022 EBR Media Ltd.All rights reserved. ISSN 1757-5680

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