Concluded 40 th International Economic Forum

By admin at 5 March, 2010, 2:24 am

in Davos, Switzerland on Sunday, January 31, completed the 40-th World Economic Forum, reports Associated Press. The traditional forum, which brought together about 2,5 thousand businessmen and politicians from around the world, this year was devoted to reviving the global economy after the financial crisis of 2008. In particular, a significant proportion of subjects of the meetings, which all took place in Davos, about two hundred, was devoted to the problems of the banking sector, notes the Associated Press.

The outcome of the forum, adopted today, the forum participants noted that last year the world economy is still stable, despite the pessimistic forecasts of a number of leading experts and institutions, including mredpolagavshih that to overcome the effects of the financial crisis, the global peretekshego economic, will take years.

To date, therefore, the main issue on the agenda is the selection of international economic strategy, which would have excluded the possibility of repeating the most negative phenomena in the financial sector in the future.

The head of Deutsche Bank Josef Ackermann, world leaders have two options for how to proceed: either to try to ensure the stability of all available means, or try to continue development.

At that British official, the head of Standard Chartered Bank, Peter Sends noticed that the second option is inextricably linked to serious risks. The only thing, according to Sendsa, the solution in this situation - to have exactly balanced banking and financial system to maintaie87n a constant pace of economic dynamics, or, in case of unforeseen developments, adverse developments in the financial sector does not affect the state of the real sector, or the effects would be minimal .

"For financial and banking system now that is the case: it is necessary to make a mistake in one thing, and we will rise to the danger of a new crisis, is mistaken in another, and we can forget about rehabilitation and alleviation of unemployment" - quoted by AP chapter British bank.

special place in the forum was devoted to discussion of concrete solutions to central banks in Europe and the U.S. to reform the domestic financial and banking systems. However, currently there is no talk about making some kind of unified strategy of central banks. Moreover, one of the main concerns of the bankers is that politicians, once in a difficult situation, will resort to protectionism.


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