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Giampaolo Lo Conte
Giampaolo Lo Conte

World Economic Forum 2016, interview with Giampaolo Lo Conte

Generico - Multiargomento > Recently awarded with an honorary degree in Finance, baron Giampaolo Lo Conte was one of the Italians attending the annual meeting of the World Economic Forum in Davos-Klosters, Switzerland. Among the white mountains of this charming town in the middle of the Alps, the world's tycoons gathered along with entrepreneurs, researchers and opinion leaders of the financial sector.

Giampaolo Lo Conte works as a broker in Europe and the United States; he has a deep understanding of the import-export procedures and a great passion for financial markets. "If I were not passionate about these topics, I would not be at the World Economic Forum in 2016 - Giampaolo Lo Conte told us as we reached him via chat for this short interview. He described us the idea the most important economists of the world have about Italy.

"The picture they have is not that good, and this is due to the fact that all studies referring to Italy show that we do not give proper value to our talent. I’ll try to explain better: economists attribute a score ranging from 0 to 100 to the ability of a country to exploit its human capital. The score changes depending on the age group: on the 0 to 14 years old category our score is 93/100; referring to the segment of population between 15 and 24 years old, the score plunges to 72/100, and then it readjusts at 74/100 for the segment aged 25 years and older. This means that the talent we are born with dissolves in the later stages of our lives. These scores set the base for the "Human Capital Index" ranking, where we hold the 34th place out of 130 ranked countries." It’s pointless to dwell on the common clichés that have filled the newspapers for the last years, or even decades: brain drains, family holdings system, bureaucracies, and so on. There is one question, though, that we want to ask Giampaolo Lo Conte: can investing in young people be a solution for this dysfunction?: "Absolutely, but I do not think the burden should lie on companies: it is the government that must first f

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