Programme

GLOBAL FINANCE AS A COMMONS – GUARANTOR OR THREAT TO STABILITY?

Global Economy: New Challenges and Shifting Horizons
Panel Session
Pavilion 3, Amphitheatre

Moderator:
John Fraher , Executive Editor for International Government, Bloomberg

Panellists
Shamshad Akhtar , Executive Secretary, The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP)
Richard Werner , Professor, University of Southampton
Andrey Kostin , President, Chairman of the Management Board, Member of the Supervisory Council, Member of the Strategy and Corporate Governance Committee, VTB Bank
Alexei Moiseev , Deputy Finance Minister of the Russian Federation
Andy Xie , Independent Economist
Jean-Pierre Thomas , President, Thomas Vendome Investment

Broadcast

Key moments

The current financial system is not being used for its intended purpose but as a way of achieving geopolitical goals and asserting political pressure.
Andrey Kostin
We are very much for developing rouble-based payments and believe that Russia has already done a lot for the rouble’s convertibility.
Andrey Kostin
The biggest issue now is how to use the rouble in international payments.
Alexey Moiseev