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      • Venice
      • 16 May 2008
         
         

        European and international financial markets: a new era?

          The May 2008 Aspen seminar represented a timely occasion to discuss about the current turmoil in financial markets and to assess whether long term changes in structure and dynamics of international financial markets are taking place.The participants analysed the origin and developments of the current turmoil in financial markets and emphasised the central role played by central banks around the globe to restore confidence in the financial markets.

        • Venice
        • 16 May 2008
           
           

          The power of innovation: the challenges of development

            Innovation is a “complex science” that is distinct from invention. It is characterized by the key role played by human capital and, particularly, of the entrepreneur-leader intent on generating economic and/or social value. During the debate, it was noted that Italy has fallen behind the most developed countries, especially in the following areas (held back by the constraints described below):

          • Rome
          • 15 May 2008
             
             

            China and Europe

               Discussion at this roundtable touched upon a series of strategic hot spots for China’s future and for its role in a global world. Many of the issues considered are the focus of the upcoming issue of Aspenia (n. 41, in Italian, due out June 10).

            • Milan
            • 14 May 2008
               
               

              10th Spring Meeting of the Friends of Aspen – Corporate social responsibility: Culture, society and the environment

                The meeting of the Friends of Aspen, held in conjunction with a debate on a specific topic, offered an opportunity to introduce the new members of the group, elicit suggestions for topics for future events and announce the group’s upcoming annual conference (the 13th in the series) to take place in Rome on October 21. This 10th meeting of the Friends of Aspen was held in Milan at the Teatro alla Scala, in the evocative setting of the Ridotto dei Palchi (or Box Foyer), thanks to the generous support of the Fondazione del Teatro alla Scala.

              • Rome
              • 7 May 2008
                 
                 

                The social and economic relevance of sports in Italy

                  The debate highlighted the economic and social importance of sports as well as the complexity of challenges facing public policy-makers in the field. In Italy, sport continues to represent a phenomenon with profound social roots. Fields, gyms and arenas cover the national territory better than any other social structure and play a key role in community aggregation. The organizational model of Italian sport is one of the country’s success stories. Italy’s national teams compete at the top level in all major international meets, starting with the Olympics.

                • Milan
                • 17 March 2008
                   
                   

                  Gastronomical culture and the importance of food in a global world

                    “Food” involves a vast and complicated network of professions, actions, movements and skills (from agriculture, to trade and distribution, to cooking and eating). All these areas can be considered elements of a single great macro-process, which is much more complicated than most consumers realize. Debate at this roundtable focused on the role gastronomy plays in spreading knowledge and understanding to all those many players that take part in the process.

                  • Rome
                  • 14 March 2008
                     
                     

                    The Aspen Seminar

                      The Aspen Seminar, held in English and in collaboration with The Aspen Institute, followed the same format as the previous session in Como. Participants included Aspen Junior Fellows, Ordinary and Sustaining Members of Aspen Italia, Friends of Aspen and young leaders from several different countries. The varied provenance, age and professions of participants made for a particularly lively discussion. Participants, inspired by the reading of twenty-one different extracts from classic and contemporary texts, focused on universal values and their relationship with modern decision-making.

                    • Rome
                    • 12 March 2008
                       
                       

                      Boosting competitiveness by supporting Italy’s Mezzogiorno

                        Italy’s south or “Mezzogiorno” is a region that fails to meet todays challenges. It deserves better, but the lack of infrastructure and of qualified labor, as well as excessive bureaucracy, high levels of organized crime, widespread disrespect for the law, weak institutions and a lack of social capital. These obstacles make it difficult for the region to take advantage of its many opportunities for development.

                      • Como
                      • 7 March 2008
                         
                         

                        The Aspen Seminar

                          For the second consecutive year, Aspen Italia organized The Aspen Seminar – in English and in collaboration with The Aspen Institute. A key program in the United States, The Aspen Seminar has proved successful on Italian soil as well. Discussion was led by two expert American moderators: Howard Zeiderman, Director Executive of The Aspen Institute Seminar Program and Professor of Philosophy, and Leigh Hafrey, Professor of Ethics at MIT’s Sloan School of Management. The initiative was aimed at young leaders, with various backgrounds.

                        • Berlin
                        • 6 March 2008
                           
                           

                          Russia and the future of Europe’s energy

                            Evaluating the turnover between Vladimir Putin and Dmitri Medvedev at the presidency requires a recognition of the central role that Putin continues to occupy on the Russian political scene. It seems indeed clear that the structure of power in Moscow has remained fundamentally unchanged, although it is possible that Medvedev will walk the path of cautious liberal reforms.The next few years will see, in any case, further efforts to fully exploit the instrument of energy resources and currency reserves at the country’s disposal.

                          • Rome
                          • 5 March 2008
                             
                             

                            Modernizing Italy

                              The main cause behind Italy’s blocked growth is the Italians’ approach to asset management: they tend to hold tight to their patrimony and not help wealth circulate. How to overcome this obstacle? A bipartisan approach would help, but it might not be enough. Today, after all, both protectionist and liberal tendencies coexist – concentrating solely on opening up markets seems to be a thing of the past, yet pure protectionism would only make changing the system more difficult.

                            • Milan
                            • 18 February 2008
                               
                               

                              Economic information, the market and business in Italy

                                Debate at this roundtable touched on the complex relationship that persists between the media and the business community. Participants noted that information should not be considered a necessary evil, but rather a meter by which to judge a democracy – a country’s freedom is evident in its journalism. A lack of information, of course, is detrimental to the workings of a democracy. Silence or tardiness in getting out the news represents a clear case of market abuse. As happened in the US, with the subprime catastrophe, financial markets also depend on the news.

                              • Rome
                              • 14 February 2008
                                 
                                 

                                Federalism in Italy: the institutional framework and economic/fiscal profile

                                  The debate on Federalism touches a central theme of the possible reforms in the coming years. In a framework that is gradually being consolidated – as seen in the results of the survey conducted by the Constitutional Affairs Commission of the Chamber of Deputies and the Senate at the beginning of the XV legislature – we can get a fairly accurate perspective on the goals and policies that will finally allow full implementation of the Republic’s new institutional organization and any corrections needed for the constitutional revision of 2001.

                                • Milan
                                • 28 January 2008
                                   
                                   

                                  The importance of social responsibility

                                    Western businesses are increasingly focused on social responsibility, making a point of thinking not just of profits but of the environment and workplace safety, for example. It is not just a matter of “doing good”: today, the market demands such attention. The consumer is aware, and a company’s social responsibility is a meter by which it is judged – turning good works into a clear marketing tool. Social responsibility represents value added, and is considered part and parcel of a given organization.

                                  • Rome
                                  • 23 January 2008
                                     
                                     

                                    The role of Foundations in Italy’s development

                                      Discussion focussed on the strategic role played by bank foundations, especially following the Constitutional Court’s 2003 ruling that they are specifically involved in guaranteeing social liberties. Foundations have a mission to guarantee horizontal subsidiarity and, therefore, support the country’s intermediaries (from the private sector to the state), today charged with maintaining development strategies and social cohesion. The 88 bank foundations currently existing in Italy have a patrimony of 47 billion euro; between 1993 and 2006 that sum grew at an annual average of 5.7%.

                                    • Berlin
                                    • 30 March 2007
                                       
                                       

                                      Global Europe: from Rhetoric to the Real World

                                        The 2007 edition of the Aspen European Dialogue the conference focused on several crucial elements of the European debate, in both political and economic terms. Adjusting to globalization is a must if the European project is to be relaunched: in this process, new domestic challenges such as the EU’s internal security and a new social compact are intertwined with the future of the euro as well as external issues such as global trade imbalances. Key institutional reforms are also indispensable, whether or not in the form of a Constitutional text.

                                      • Rome
                                      • 11 December 2007
                                         
                                         

                                        The Marshall Plan 60 years on: legacy and lessons for Transatlantic relations

                                          Discussion opened with an evaluation of the historic Marshall Plan: its origins, the postwar conditions behind its development, the underlying philosophy of US aid to Europe, the inevitable political and security implications that led to a strong reaction from the USSR. Much was said about the farsighted, multilateral approach taken by the United States at that time, despite its obvious military and economic superiority. American awareness that a complex and flexible international economic system could only be based on cooperation as well as competition was also crucial.

                                        • Milan
                                        • 3 December 2007
                                           
                                           

                                          Islam’s many manifestations

                                            The roundtable represented a unique opportunity to reflect upon relations between the West and Islam. Since September 11, 2001, it has been clear that this relationship represents one of the world’s key problems. Nor can the relationship be dealt with in the manner of “normal” international relations: they involve broad, complicated meanings and many different dimensions. In other words, even if the word “clash” is too strong, there is undoubtedly an ongoing comparison, discussion and study between the two cultural approaches.