Panel № 2 Economic

Post-crisis architecture of the global economic system: towards harmony through dialogue

The crisis of the today’s economic system which is based on the neoliberal society model values and the global domination requires to update the existing fundamental principles and to create the new world architecture.

Today the positive platform for search of common solutions to global challenges is being built; the new global economic and political landscape is developing.

In the present-day world, the tendency reflecting the deep conflict between the global society’s ideals, targets and interests and the existing global system paradigm is more and more evident.

The process of the new post-crisis world architecture creation shall be harmonized based on the philosophy of dialogue rather than opposition. The crisis exit strategy shall follow the principles of the economization of politics instead of the politicization of economics, the principle of security through development instead of power superiority, the principles of cooperation based on mutual interests instead of raw national egoism.

Main vectors of discussion:

  • Search of the new platform for strategic balance and harmonization of interests;
  • Geo-economic approach: from global domination to the balanced multi-polarity;
  • Post-crisis world: innovation-based development;
  • Geo-finances:  dialogue in the language of money;
  • Development obstacles: deep contradictions between the ideals and targets of civilizations and the existing political and economic systems.


Moderators:

Mofid Kamran Mofid Kamran

Founder, Globalization for the Common Good Initiative, Member of the International Coordinating Committee of the WPF Dialogue of Civilizations (United Kingdom)

Ruslan Grinberg
Director, Institute of Economics, Russian Academy of Sciences (Russia)

Ernest Kochetov
Director, Centre of strategic studies of geo-economics, Institute of Scientific Research on External Economic Relations, State University - Higher School of Economics, President, 'Public Academy of Geo-Economics and Global Studies' (Russia)


Reports:



Africa and BRIC: an alliance to overcome emergencies and underdevelopment in the Sahel Region. The Transaqua Project Print
Rhodes Forum 2009 - Panel № 2 Economic

Lottin Welly Marguerite - President, “Associazione Interculturale Griot”
leader of the African Diaspora in Italy

I have a dream for Africa  to become a land of opportunity, happiness and just development. I believe that Africans, above all the people and the youth living in the Sub-Sahara regions, deserve a better future. For decades Africa has been economically and socially victimized: we paid with our underdevelopment, while the rest of the world improved its conditions, and we are dearly paying now for the effects of the global financial crisis we had no role and no say in it.

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After the global financial crisis: a multi polar system based on a basket of currencies Print
Rhodes Forum 2009 - Panel № 2 Economic

Paolo Raimondi, Presidente del Consiglio di Amministrazione

The global financial crisis which precipitated the entire world in an economic depressions worse than of the Thirties, has also evidenced the end of the monetary arrangements created at Bretton Woods in 1944. To say, as recently also French president Nicolas Sarkozy did, that “the world cannot base itself on a unique currency”, it cannot be seen as a declaration against the dollar and the United States. It is simply a rational way to recognize that the world and the international economic relations have deeply changed and that a reform of the system is needed. Also in the Forties Great Britain strongly resisted the idea to loose her world monetary, economic and political  primacy, but at the end she had to recognize that the events leading to WWII had definitively changed the old-style colonialist system and favoured a new balance of powers.

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