Milken Institute
Showing 1711–1725 of 2077 transcripts.
- 59 min
Asia Summit 2014 - Global Overview: Geoeconomics vs. Geopolitics
Michael Milken, Tony Fernandes, Jamie Forese, Joshua Harris, Axel Weber
Citi's Jamie Dimon and industry leaders from Apollo Global Management convened in Singapore to analyze the structural shift of global economic gravity toward Asia, contrasting the region's high growth potential with the stagnation of European markets and the geopolitical risks of fiscal integration. The discussion highlighted specific investment dynamics, including the underutilization of private capital in Asian SMEs, the manufacturing renaissance driven by the US shale revolution, and the resilience of entrepreneurs like AirAsia in serving mass markets. Ultimately, panelists called for regulatory environments that prioritize long-term stability over short-term populism to facilitate sustainable capital flows and address the growing disparities between emerging and advanced economies.
- 55 min
Asia Summit 2014 - Lunch Program: China Today and Tomorrow - English
Yang Yanqing, Liang Xinjun, Shen Ding Li, Cheng Yong Nian
A 2014-2015 panel analysis projected China's economic transition from a 7.5% GDP target to a sustainable 6-7% growth rate supported by sovereign assets and shifting from investment-driven to consumption-led models. Key structural reforms, including a decadal anti-corruption campaign and state-managed debt restructuring, aim to resolve interest rate disparities between private firms and state-owned enterprises while positioning the country for a #1 nominal GDP ranking by 2020. Strategic investments by entities like Fosun Group alongside geopolitical efforts in trade settlement and regional security further underscore a trajectory toward global resource integration and middle-class expansion.
- 47 min
Asia Summit 2014 - Celebrating and Selling to the Growing Middle Class
Donald Tang, Achal Agarwal, Timothy Chen, Kevin Lu, Peter Tan, Arjun Agarwal
Industry leaders and investors convened to analyze the projected expansion of the global middle class, which is shifting decisively toward Asia by 2030 and fundamentally altering consumption patterns and investment flows. Executives from Kimberly Clark, Private Equity, and technology firms detailed strategic pivots toward localized innovation, digital engagement, and decentralized governance to capture this emerging demographic. The panel concluded that sustaining this growth requires a departure from Western consumption models, necessitating robust political stability, strict corporate governance, and a renewed focus on collective well-being over individual wealth accumulation.
- 53 min
Asia Summit 2014 - Long-Term Impact: Multigenerational Commitment to Change
Richard Ditizio, Andrew Forrest, Grace Forrest, Laurence Lien, Mike Wiluan
At a Milken Institute session, family philanthropists Grace Forrest, Mike, and Lawrence detailed strategies for sustaining mission-driven impact through business-oriented approaches, structural innovation, and intergenerational governance reforms. Grace Forrest leveraged forensic supply chain audits to expose modern slavery within Fortescue Mines, while Mike shifted the Batam family foundation from direct employment to community-based fishery seeding to support 1.3 million people across Indonesia. Concurrently, Lawrence transformed the Lien Foundation from a tertiary education focus to radical early childhood interventions in Singapore, utilizing data-driven advocacy to replace government risk aversion with pilot programs that eventually became public policy. The panel concluded that the future of philanthropy requires adopting venture structures, competitive talent incentives, and technology integration to solve systemic issues where capital alone is insufficient.
- 1h 5m
Asia Summit 2014 - Strengthening Asian Markets: Allocating Capital, Refining Policy
Christine Tan, David Bonderman, Piyush Gupta, Lim Chow Kiat, Michael Milken, Jonathan Nelson
Prominent investors and regulators, including Piyush Gupta and Mike Milken, identified a critical $500 billion capital shortfall and structural intermediation gaps preventing Asian markets from leveraging their massive savings surplus. The panel highlighted that while private capital is shifting toward the region due to superior risk-adjusted returns, significant barriers such as currency volatility, legal unpredictability, and fragmented regulatory frameworks continue to deter deep domestic investment. Looking ahead, experts project Asia will transition from financing the West to self-sufficiency within 15 years, driven by digital leapfrogging, RMB-denominated instruments, and a shift toward private infrastructure financing.
- 55 min
Asia Summit 2014 - A Conversation with Robert Zoellick: U.S. Rebalancing Toward Asia
Robert Zoellick, Chan Heng-Chi, Manraj Sekh, Jared Carney Lightdale, Kevin Chen, Yanqing
Former Deputy Secretary of State Robert Zellick addressed the strategic challenges of the current global order, analyzing the implications of Scottish independence on UK-US relations while advocating for a federalism model to counter insular fragmentation. He outlined a complex counter-ISIS strategy requiring local ground forces and regional partnerships to navigate the collapse of the Sykes-Picot system without overextending US domestic will. Furthermore, Zellick emphasized the necessity of advancing the Trans-Pacific Partnership and Transatlantic Trade and Investment Partnership to secure US leadership, urging the integration of rising powers like China into reformed multilateral institutions rather than isolating them.
- 52 min
Asia Summit 2014 - U.S. Capital Markets: Smooth Sailing, but in What Direction?
John Sokoloff, Samir Jain, Tom Fink
Managing Partners John Sokoloff, Samir Jain, and Tom Fink analyze a credit environment where historical valuation precedents suggest the current boom is unsustainable despite mid-cycle economic expansion. The panelists identify a strategic pivot toward dividend recapitalizations and secondary market acquisitions as private equity firms navigate rising interest rate risks and a projected market correction. While Asian markets offer long-term growth opportunities through institutional capital flows, the experts warn that rapid rate hikes could trigger a violent downturn that fundamentally alters exit multiples.
- 51 min
Asia Summit 2014 - Prosperity and Risk in the Asia Pacific
Wayne, Tommy Koh, Victor Chu, Takeshi Niiname, Arfin Serega, S.S. Teo, Manu Bhaskaran, Sui Ling Chia, Peter Wayman
Chaired by Ambassador Tommy Koh, a panel of prominent Asian business leaders and economists assessed the region's economic trajectory, forecasting a stabilization of growth rates while identifying geopolitical instability and internal structural reforms as primary risks. The discussion detailed specific national outlooks, highlighting China's transition to domestic consumption, Japan's exit from deflation under Abenomics, and Indonesia's infrastructure-driven potential, alongside a strong commitment to realizing the ASEAN Economic Community by 2015. Despite the consensus that economic interdependence fosters prosperity, the panelists concluded that robust leadership and legal mechanisms remain essential to manage territorial disputes and ensure long-term regional stability.
- 1h 20m
Creativity, Inc.: Overcoming the Unseen Forces That Stand in the Way of True Inspiration
Ed Catmull outlines a leadership philosophy at Pixar that prioritizes building resilient teams and protecting vulnerable creative concepts over immediate commercial safety or rigid IP protection. Through mechanisms like the unfiltered "Brain Trust" and the strategic separation of Disney and Pixar operations, Catmull cultivated a culture where iterative failure and the balancing act between production demands ("the hungry beast") and artistic development ("the ugly baby") drive long-term innovation. This approach, which evolved from Catmull's own early misconceptions about self-managing talent and Steve Jobs' leadership transition, ultimately sustained a unique organizational environment capable of consistently delivering high-risk, high-reward animated films.
- 1h 6m
A Thousand Hills to Heaven: Love, Hope, and a Restaurant in Rwanda
Josh Ruxin, Kathy Eldon, Alissa, Skip Reimer
At a Milken Institute summer forum, Healthbuilders director Josh Ruxin and Creative Visions Foundation founder Kathy Eldon discussed Rwanda's decade-long economic transformation from post-genocide devastation to a stable, high-growth hub driven by public-private partnerships. Ruxin detailed how his organization's model of transferring fully funded, government-operated health centers to local communities, alongside social enterprises like the "Heaven" restaurant, has spurred private investment and reduced poverty without traditional aid dependency. The speakers concluded that Rwanda's strict anti-corruption governance and focus on sustainable infrastructure offer a replicable blueprint for development, urging international observers to shift their perspective from humanitarian aid to direct economic engagement.
- 20 min
Overview 2011 State of the State Conference
The California Center, under the leadership of Kevin Clowden and advisory chair Scott Minard, recently presented a comprehensive analysis of the state's economic recovery, highlighting a job growth surge of 250,000 private sector positions and a rebound in manufacturing and construction driven by public infrastructure investment. The report emphasized California's sustained dominance in venture capital, which captured 57% of national placements in 2010, and its strategic export focus on Asia, while addressing challenges such as housing market stagnation and human capital retention. Concluding the session, the event honored Steve Jobs' legacy through a tribute to his integration of engineering and artistry, reinforcing the state's commitment to fostering innovation in technology and biomedical sectors.
- 1h 15m
The People's Republic of Amnesia: Tiananmen Revisited
Author and journalist Louisa Lim presented at the Milken Institute Forum to analyze how the Chinese government has enforced a state-sponsored amnesia regarding the June 4, 1989, crackdown. Her research details a comprehensive strategy that includes erasing historical records from education and digital platforms, suppressing public commemoration through detention, and obscuring parallel violent incidents such as the Chengdu massacre. Lim highlights the severe human costs of this censorship, noting that families and survivors often feel compelled to collude with the silence to avoid persecution, effectively severing the nation's connection to its recent history.
- 1h 19m
The Fourth Revolution: The Global Race to Reinvent the State
John Micklethwait, Adrian Wooldridge, Skip Reimer
John Micklethwaite and Adrian Wooldridge argue that the West faces a critical Fourth Revolution in governance driven by fiscal unsustainability, technological stagnation, and intense competition from an increasingly efficient Chinese state. They propose replacing the bloated "nanny state" with technocratic safeguards, consumer choice mechanisms, and private sector management techniques to restore democratic legitimacy and economic vitality. Without adopting these reforms to shrink and modernize government, the authors warn that Western nations risk losing the ideological contest for freedom and liberty to rival authoritarian models.
- 1h 1m
Undercover Bosses: Getting to Know Your Business Better
Sheldon Yellen, Jen, Chris Carlson, Eli Holzman, Steven J. Klubeck, Dina Dwyer-Owens, Jeff Platt, Tony Guido, Anthony Wedo, Michelle, Scott, Mary Thompson, Dean, Randy, Brock
The global phenomenon *Undercover Boss* features nearly 60 corporate leaders who surrender creative control to anonymously work alongside employees for eight days, resulting in a historic 38.7 million viewers for its premiere. Participants like Tony Guido and Steven J. Klubeck have implemented substantial operational reforms and financial support systems, including a $4 million POS upgrade and a $1 million crisis fund, directly addressing identified bottlenecks and employee welfare issues. These unedited interactions have shifted corporate cultures from transactional to value-driven while generating tens of thousands of job applications and establishing long-term charitable foundations across diverse international territories.
- 1h 12m
Textbooks, Tablets and Teaching: Reinventing How We Learn
This initiative drives a fundamental shift in education by replacing static, time-based curricula with dynamic, competency-based digital platforms that accelerate student learning speeds by a factor of ten. Currently deploying across major districts like Los Angeles and Guilford with millions of students, the program addresses critical infrastructure gaps through FCC E-Rate revisions and transitions funding models from textbook contracts to flexible technology packages. By enabling real-time curriculum updates, personalized assessment, and external skill validation, the movement aims to dismantle traditional barriers to graduation and prepare a globally competitive workforce within the next decade.