The Rise of State Capitalism
Ian Bremmer, President, Eurasia Group
Discussant: James Crabtree, Comment Editor, Financial Times
Chair: Dr John Llewellyn, Council, Chatham House
The speaker will discuss the rise of state capitalism and detail its long term threat to relations among nations and the future of the global economy. He will argue that the financial crisis and global recession hastened the transition from a G7 to G20 world, and now developing states that don't share Western assumptions about the virtues of free market capitalism have a seat at the international bargaining table. He will disuss how a generation after communism's collapse, public wealth, public investment, and public ownership have made a stunning comeback and ask what does this trend toward state-driven capitalism mean for business leaders around the globe?