Open Forum Davos 2010 - After the financial crisis: Impact and lessons learned

www.weforum.org 28/01/2010 The financial crisis has caused an economic crisis around the world. drastic government measures have prevented the collapse of the economic system established governments, rescue fund for banks insolvent and nationalized banks in the revival of economic growth. At the same time, central banks have intervened with considerable liquidity and interest rates were lowered. What were the causes of the financial crisis? In the future, how can such crises be prevented?What impact will the action of government in the long term? What will be an adaptation to the globalization of the financial system? Who should develop and apply the rules? This meeting is organized jointly with the Federation of Swiss Protestant Churches (SEK-EFF). Ziya Akkurt, chief executive officer and board member, Akbank TAS, Turkey, Christine Lagarde, Minister of Economy, Industry and Employment of France, member of the Foundation of the World Economic Forum, Patrick Odier, president of the Swiss BankersAssociation, Switzerland, Nicholas Schneider, Vice President of the Council of the Evangelical Church in Germany, Germany Juan Somavia, Director General, International Labour Organization (ILO), Geneva, Global Agenda Council on Employment and Social Protection Joseph E. Stiglitz, a professor at Columbia University, USA Moderated by Stephan Klapproth, again, Ten O'Clock News, Swiss Television SF DRS, Switzerland

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