New Geo-Economic Dynamics
Panel Session
Pavilion G, Conference Hall G4

The inevitability of unabated globalization and its unquestioned benefit for the global community have recently unravelled, straining national politics, altering international relations, and transforming global markets. In its place are emerging regional trading blocks, such as TPP and TTIP, to name a few, a new generation of financial and economic institutions, and the potential for new trade and investment flows. But the many risks of destabilization and a growing tide of geopolitical turmoil are challenging policymakers and businesses to navigate this transformation to a new global paradigm. How will these new factors impact issues that, by their nature, are global, such as energy, climate change, trade, finance, etc.? And what steps should be taken to mitigate risks and create a more sustainable economic architecture?

Geoff Cutmore , Anchor, CNBC

Christian Friis Bach , Executive Secretary of the Economic Commission for Europe (ECE), the United Nations (UN)
Kundapur Vaman Kamath , President, New Development Bank (NDB)
Andrey Kostin , President, Chairman of the Management Board, Member of the Supervisory Council, Member of the Strategy and Corporate Governance Committee, VTB Bank
Christopher Pissarides , Nobel Memorial Prize in Economic Sciences Laureate; Professor of Economics, London School of Economics and Political Science (LSE)
Murat Sönmez , Chief Business Officer, Member of the Managing Board, World Economic Forum
Frederic Oudea , President, European Banking Federation; Chief Executive Officer, Société Générale
Igor Shuvalov , First Deputy Prime Minister of the Russian Federation


Key moments

In the context of reglobalisation the changes are already introduced, the rebalancing is happening and it will contribute to the world process.
Kundapur Vaman Kamath
Economic partnership should in effect exclude elements of politics.
Igor Shuvalov
We are part of the global system, and we still cannot develop without close economic cooperation.
Andrey Kostin