*Want to solve global crises? $5 million prize seeks fresh ideas | Reuters
: *http://www.reuters.com/article/us-global-crisis-prize-idUSKBN13J035

“We’re trying to solve today’s problems with yesterday’s tools,” said the
89-year-old, who launched the Global Challenges Foundation in 2012. “We
believe a new shape of collaboration is needed to address the most critical
challenges in our globalized world.”

The New Shape Prize - which will be awarded next November, after entries
close in May - aims to spur fresh thinking about innovative means to solve
problems that cross borders and are hard to tackle when most political
terms of office are short and many businesses and markets remain focused on
near-term gains.

“The public and even the private sector are underestimating the risks
because we are too short-sighted in our decision-making,” said Mats
Andersson, a former CEO of Sweden’s largest pension fund and now head of
Szombatfalvy’s foundation.

Entries for the New Shape Prize close on May 24, 2017, and the winning idea
will be chosen by a panel of academic experts and a high-level
international jury.

The Global Challenges Foundation will then back efforts to put that idea
into practice, Andersson said.

Want to solve global crises? $5 million prize seeks fresh ideas | Reuters :
http://www.reuters.com/article/us-global-crisis-prize-idUSKBN13J035

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Olivian Breda
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