Dan Steinbock

Dr Dan Steinbock

Dan Steinbock (born 1954) is a global economic and policy analyst. He is an internationally recognized expert of the multipolar world and the founder of Difference Group,^[1] which “guides clients in the new risk environment" focusing on international business, international relations, investment and risk, and markets across advanced, emerging and developing economies.” Before the global crisis, Dr. Steinbock made contrarian predictions about future economic, political and strategic trends in advanced, emerging and developing economies that proved valid.^[2] Unlike most analysts, he emphasizes the values and interests of both advanced and emerging economies, not just those of advanced nations. "Dominant scenarios are biased scenarios," he says.^[3] He divides his time between New York City, Shanghai, European capitals, emerging Asia and other world regions.

Activities and Affiliations

Dr Steinbock has served as Research Director of International Business at the India, China & America Institute (United States), the EU Centre (Singapore) and Fellow at the leading global think-tank Shanghai Institutes for International Studies (China). He has advised and addressed multinational companies (e.g., Intel, Nokia, Huawei) and SMEs, financial intermediaries, insurers, and risk companies (APAC Investments Summit, Coface Group, Nordea Group), international organizations (incl. OECD, World Bank, European Commission, Nordic Council), cities (incl. New York City, Shanghai and Helsinki), chambers of commerce (incl. AmCham, Eurochambres), and government agencies across the world. He is an expert of new multinationals from advanced and emerging economies, has published widely on the globalization of the ICT,^[4] occasionally in cooperation with Prof Michael E. Porter (HBS). He has explored the "Asianization" of foreign investment, competitiveness and innovation^[5] climate change risks^[6] and the new sustainable development goals.^[7]

He has cooperated with think-tanks worldwide, including Indian Council for Global Relations (Gateway House), Information Technology and Innovation Foundation (USA), Institute for Strategy and Competitiveness (Harvard Business School), Gulf Research Center Foundation, Global Markets Study Group (Stern School of Business/NYU), Columbia Institute for Tele-Information (CITI). He is in the high-level Guidance Group of the GeoBranding Center (CMO Council) and has had advisory tasks in 1to1 Media, Fortune, Bloomberg BusinessWeek, McKinsey Quarterly Online Executive Panel, and so on.

In mid-1980s, he served as Senior ASLA-Fulbright Scholar (New York University, Columbia University) and has lectured worldwide, including Stern School of Business/NYU, Columbia Business School (USA); Fudan University, Tsinghua University, Guangdong University (China); Singapore Management University, Nanyang Technological University, National University of Singapore (Singapore); BI Norwegian Business; Aalto University School of Business (northern Europe).

Born in Helsinki, Finland, Steinbock is of Jewish descent with family roots in Viborg and St Petersburg. In Finland, he has advised and briefed half a dozen Parliamentary committees, several ministries and all major competitiveness and innovation institutions (incl. Tekes, Finpro, Invest in Finland, Academy of Finland), multinationals, financial intermediaries, venture capital firms, SMEs, as well as regions, cities and municipalities.

Commentaries

Dr Steinbock on US growth after the global recession

As an op-ed columnist, Dr Steinbock contributes commentaries and policy briefs for leading business publications in the U.S., Europe and Asia, including the U.S.-based Roubini Global/EconoMonitor; CNBC The Project Syndicate; EUobserver; The European Financial Review; The World Financial Review, The European Business Review, China Daily, China.org (official government portal); Al Jazeera; South China Morning Post, EJI Insight/Hong Kong Economic Journal, Shanghai Daily; BusinessDay Nigeria and many others. He has published in journals on international relations and international business, including American Foreign Policy Interests, The National Interest, China Economist, and Global Review. He has been interviewed by most major media in all world regions; from EIU/Economist, BBC World, and China CCTV International to AsiaOne, Voice of America, CNN/EFE Spain, and Expresso Portugal . For recent interviews, see his comments on Iran's AIIB membership with Iran's Mehr News Agency,^[8] or listen to his comments on the internationalization of the renminbi (UK Share Radio, Investment Perspectives, Sept 10, 2015).^[9] For presentations, see his economic brief on US post-recession growth (Coface Risk Summits 2011-12).^[10]

Recent economic and policy briefs

• “US Fed Rate Hike Will Test China and Emerging Markets," China Daily, Dec 24, 2015
• “How 1% Could Derail the Paris Climate Accord of 99%,” Roubini Global/EconoMonitor, Dec 17, 2015
• "The Era of Caliphate Terror," The European Financial Review, Dec 10, 2015
• "Oil Price Meltdown Heralds New Wave of Destabilization," Shanghai Daily, Dec 8, 2015
• "Toward Asia-Pacific Free Trade," China-US Focus, Oct 28, 2015
• “The Impact of Currency Wars in Oil-Exporting Africa," BusinessDay Nigeria, Oct 3, 2015
• "The Internationalization of the Renminbi," The World Financial Review, Sept-Oct 2015
• "Where Does US-Chinese Market Turmoil Leave Europe," EUobserver, Aug 28, 2015
• "A Pyrrhic Deal, How Greece's Creditors Won a Battle But May Have Lost the War," The European Financial Review, Aug 18, 2015
• "Asia's Catch-Up with the West Runs into a Growth Bottleneck," South China Morning Post, Aug 11, 2015
• "For Whom the Bells Toll, Really: The Impact of the Sanctions Against Russia," The European Business Review, July 20, 2015

Journal publications

• "The Internationalization of the Renminbi," The World Financial Review, Sept-Oct 2015
• "Will Europe's Leading Companies survive the "Lost Decade," The European Financial Review, April 15, 2015
• "American Innovation Under Structural Erosion and Global Pressures," Information Technology and Innovation Foundation (ITIF), Feb. 2015
• "US Military Innovation Amid the Rise of Chinese Defense Innovation," Global Review, Shanghai Institutes for International Studies, Nov 2014
• "Defense Innovation and the Future of American Competitiveness," Information Technology and Innovation Foundation (ITIF), Nov 2014
• "Case for Huawei in America," China Economist, March 2013
• "The Eurozone Debt Crisis: Prospects for Europe, China and the United States," American Foreign Policy Interests, Feb 2012
• "China's Big Debt Swap," Foreign Affairs, Mar 18, 2015

For more, see DifferenceGroup/Reports.

References

1. "DifferenceGroup". DifferenceGroup. Retrieved 2015-12-28.
2. "Difference Group". Difference Group. Retrieved 2015-12-28.
3. "DifferenceGroup Projections". Retrieved 2015-12-30.
4. "Amazon.com: Dan Steinbock: Books, Biography, Blog, Audiobooks, Kindle". www.amazon.com. Retrieved 2015-12-28.
5. "The ‘Asianization’ of Global Innovation". The Innovation Files. Retrieved 2016-01-02.
6. ""How 1% Could Derail the Paris Climate Accord of 99%"". EconoMonitor. 2015-12-17. Retrieved 2015-12-30.
7. Steinbock, Dan (Spring 2015). "G20 and Sustainable Development Goals: Aspirations and Realities". China Quarterly of International Strategic Studies [Forthcoming, Spring 2016].
8. "AIIB membership shows world economy embracing Iran". Mehr News Agency Iran. 2015-04-29. Retrieved 2016-01-02.
9. "Don't worry about #China. The #renminbi will become a reserve #currency says Dan Steinbock". audioBoom. Retrieved 2015-12-28.
10. "US (Part 1): A model into question?". YouTube. Coface Group. 2011-05-31. Retrieved 2015-12-30.

External Links

http://www.differencegroup.net/

http://www.economonitor.com/blog/author/dsteinbock/