Programme

THE HIGH-GROWTH MARKETS ECONOMISTS' ROUND TABLE

Securing the Future
Pavilion 4, Hall 4.3


The ongoing European financial crisis, elections in several major G8 countries, political instability in the Middle East, and volatile energy prices are just a few of the factors contributing to economic uncertainty. What are the key risks and opportunities for the global economy – in particular for major emerging economic powers – over the coming 12 to 18 months?


Moderator:
Sergei Guriev , Rector, New Economic School

Panellists
Cevdet Akçay , Chief Economist, Koç Financial Services and Yapı Kredi
Dr. Lúcio Vinhas de Souza , Sovereign Chief Economist, Moody’s Investor Services
Oleg Vyugin , Member of the Board of Directors, Independent Director, Rosneft; Professor, National Research University Higher School of Economics
Simeon Djankov , Deputy Prime Minister, Minister of Finance of Bulgaria
Alexey Kudrin , Chairman of the Board, Center for Strategic Research Foundation; Deputy Chairman, Economic Council under the President of the Russian Federation
Yaroslav Lissovolik , Chief Economist, Member of the Management Board, Eurasian Development Bank (EDB)
Dr. Jun Ma , Managing Director, Chief Economist, Deutsche Bank in China
Vladimir Mau , Rector, Russian Presidential Academy of National Economy and Public Administration (RANEPA)
Alexei Moiseev , Deputy Finance Minister of the Russian Federation
Roland Nash , Senior Partner and Chief Investment Strategist, Verno Capital
Peter Ong , Head of Civil Service Permanent Secretary, Ministry of Finance Permanent Secretary (Special Duties), Prime Minister’s Office, Government of Singapore
Alexey Repik , President, Delovaya Rossiya (Business Russia)

Broadcast

Key moments

The problem is not that the debt is too large; but that the debt was evidently not created and used effectively enough.
Oleg Viyugin
No serious crisis prevention measures were taken this year.
Alexei Kudrin
This is a crisis of the traditional welfare state. It is impossible to get out of this crisis while saving the welfare state - which is what a significant part of Europe has been doing up to now.
Vladimir Mau
Admittedly, the demographics, competitiveness and fiscal policy of Europe are inconsistent.
Vladimir Mau