1000–11130

The success and popular support for any government depends to a large extent on its ability to deliver economic prosperity. Yet tensions are rising between national interests that governments are elected to defend and economic integration that the global economy demands and which a successful economy requires.

Discussion points

  • Can governments sustain the consensus that free-trade agreements and inward investment deliver economic growth in the aggregate even if they may exacerbate inequality in the short-term?
  • Are current sovereign debt levels unsustainable?  How can these be addressed while maintaining the support of national populations, and who should bear the burden?
  • Can ageing societies overcome the risks of stagnating economic  growth?   How will their governments bridge the generational gap without alienating either the young or the old?
  • Can countries count on technological advances to deliver new routes to economic growth and social inclusion?

Panellists

Pascal Lamy, President Emeritus, Notre Europe – Jacques Delors Institute; Director-General, World Trade Organization (2005—2013)
Seraina Maag, President and Chief Executive Officer EMEA, AIG
Dr Vera Songwe, Country Director for Senegal, Cape Verde, The Gambia, Guinea Bissau and Mauritania, The World Bank
Yannis Stournaras , Governor, Bank of Greece; Minister of Finance, Greece (2012—2014) 
Wu Jianmin , Member, Foreign Policy Advisory Group, Ministry of Foreign Affairs, China
Moderator:  John Peet , Europe Editor, the Economist

Session Paper

OVERCOMING THE RISKS AND CONTRADICTIONS OF GLOBALIZATION

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