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Aspen Seminars for Leaders

  • Naples
  • 14 May 2010
     
     

    New paradigms of development: values, work, sustainable growth

      After the crisis, a new paradigm of development is emerging: more solid, anchored to shared values and projected to the construction of a future beyond the ordinary handling of the emergency. Over recent months, there has been discussion on the wave of moderate optimism brought on by commentators and economists, with figures in hand, to pronounce the imminent end of the economic and financial storm that occurred after 2008.

    • Naples
    • 14 May 2010
       
       

      Investing in knowledge for progress and productivity

        The debate centered around two main points: investment in knowledge and human capital, and research and innovation. These two issues are determining factors of growth and competitiveness and together they represent the basic needs to survive, revive the economy and meet the challenges of the future.

      • Naples
      • 14 May 2010
         
         

        The economics of Energy. From traditional to renewable growth drivers

          The global economic crisis is reshaping the energy system in a fundamental way, as extraordinary events have occurred in a very short time span. Six issues appear the most crucial in the current context: i) the discovery of shale gas, a transformational event which was also a consequence of high natural gas prices. According to a recent account, this discovery could potentially turn the US into a permanent net exporter, with dramatic implications on the market for liquefied natural gas (LNG) which now seeks markets when global demand is contracting.

        • Cernobbio
        • 5 November 2010
           
           

          The future of currencies: the post-crisis monetary and financial system. Implications for business

            The complexities of the current global macroeconomic situation are pushing the world economy in many different directions. The US is undertaking a second round of quantitative easing in order to buy protection against a deflationary risk. China is slowly allowing the RMB to appreciate while preparing the next 5 year plan as it transitions from an economy with unlimited resources and limited interactions with the rest to the world into an economy that is starting to feel a deteriorating growth/inflation trade off and is becoming a key player in international trade and markets.

          • Cernobbio
          • 5 November 2010
             
             

            The industrial system, territory and social cohesion

              This seminar got underway with the participants noting that the Italian industrial system has succeeded in weathering the global crisis whilst maintaining the country’s position as a leading manufacturer both in Europe and worldwide. The more or less stable performance of the Italian production system has enabled the economy to respond to stimulus, though the signs of recovery remain weak.

            • Cernobbio
            • 5 November 2010
               
               

              Tangible infrastructure: driving competitiveness

                This session focused on the crucial role played by infrastructure in any given country’s economic development. It was observed that an adequate endowment of tangible infrastructure is a necessary prerequisite for competing in the global market, and that boosting infrastructure levels is an undeniable priority both for Italy and for Europe. The question of trans-European infrastructure is especially gaining increasing importance.

              • Cernobbio
              • 5 November 2010
                 
                 

                Italy and future challenges. Heading towards 2020

                  This session of the Aspen Seminars for Leaders examined various institutional scenarios, viewed from the perspective of changes taking place at the European and global level and the reform processes that these call for within Italy. It was observed that, on the one hand, the search for more stable global macroeconomic balances has been accompanied by European debate concerning the tightening of fiscal regulation, changes to the Growth and Stability Pact, and putting in place adequate mechanisms to deal with emergency situations.

                • Cernobbio
                • 5 November 2010
                   
                   

                  Investing in knowledge: more innovation, better infrastructure, new school system

                    In this seminar, the participants examined what were identified as the major areas requiring action to enable Italy to face the new and increasingly impelling global challenges. The three areas singled out were: innovation policies, tangible and intangible knowledge-system infrastructure, and education models conducive to promoting employment and competitiveness.

                  • Cernobbio
                  • 5 November 2010
                     
                     

                    Culture, leadership, social responsibility

                      The discussion in this session focused on the role of culture in the wake of the global crisis. In this regard, the participants highlighted the increasing search for a more harmonious, sustainable and forward-looking social model, yet one that is anchored in the roots of national identity. With the global crisis, this quest for a new kind of paradigm of development has, even in Italy, once again focused what perhaps was otherwise languishing interest on the crucial importance of “culture”.

                    • Naples
                    • 14 May 2010
                       
                       

                      Pulling through the financial crisis and supporting the real economy

                        The last minute lifeline thrown to Greece to keep it from possible default opened a series of urgent questions on the future of the single currency, Europe as a political entity and, more in general, the relationship between finance and the real economy. The crisis concerned not only the precarious economic and social situation of Greece – which will inevitably have to pass through a period of deep-seated and predictably painful restructuring. It also shed light on the series of actions that should be taken to prevent possible contagion with other European countries.

                      • Naples
                      • 14 May 2010
                         
                         

                        The telecoms and media industries: what’s next?

                          The internet revolution has brought great changes to the communications industry, both in terms of infrastructures and contents. For infrastructures, the scenario shows a different level of investment, a change in keeping with regulation and new business models. Today’s prospects are for a Pan-European map that should provide guidelines for the sector’s new organization. 

                        • Lecce
                        • 23 October 2009
                           
                           

                          Business, productivity, active society: a recipe for growth

                            The participants in this seminar observed that after the shock of the crisis, the economy is searching for ways and means of coming out of the recession with a new model for growth. The first signs of recovery are raising hopes everywhere that the worst may be over – even in Italy. However, despite indications emerging from the financial market, the impact of the crisis on the real economy and employment are far from being a thing of the past.

                          • Venice
                          • 22 May 2009
                             
                             

                            Towards a new financial system: reviving the global economy

                              At the May 2009 Aspen Seminars for Leaders, leading representatives from financial institutions and public authorities discussed the financial crisis and the emerging challenges in the structure and dynamics of international financial markets.

                            • Venice
                            • 22 May 2009
                               
                               

                              Economic policies, credit systems and business strategies: how to overcome the crisis

                                The crisis we are experiencing has not spared anyone, taking in the economy, society and institutions. It has hit the financial sector, spilled over into the real economy and labor market, and called into question the role of the State and international organizations. The crisis has also raised doubts regarding our model of development, the ability of the political sphere to control economic processes, and the reliability of those who had sufficient information from which to predict the worst financial disaster since the end of the Second World War and who did not do so.

                              • Venice
                              • 22 May 2009
                                 
                                 

                                New consumer models and new lifestyles in times of crisis. Risks and opportunities for businesses

                                  This plague has been a great scourge, but it has also served as a good broom, for it has swept away some, my children, from whom I never thought we would free ourselves… If things always worked out this way with the plague, it would really be a sin to speak ill of it”. It was in these words that the character of Don Abbondio, in Manzoni’s The Betrothed, described the epidemic that had brought about the demise of Don Rodrigo.

                                • Venice
                                • 22 May 2009
                                   
                                   

                                  The city of the future: relaunching the economy and governing a complex society

                                    This seminar, focusing on the topic of cities of the future, brought together specialists in the field of urbanism, local administrators, entrepreneurs, urban traffic experts and representatives from the welfare sector. Divided into three day-long sessions, dealing with governing complexity, competitiveness and quality of life respectively, the seminar raised various issues for debate and put forward a series of concrete proposals aimed at resolving the many problems afflicting the governance of Italian cities.

                                  • Venice
                                  • 22 May 2009
                                     
                                     

                                    New roles for the public and private sectors in the economy and society

                                      In response to the crisis, the State has intervened to rescue banks and financial institutions, to restore confidence in the market, and to guarantee loans and transactions. Within the space of a few weeks, the State in many countries has become the largest shareholder in major banks and insurance companies, resuming the role it had abandoned during the protracted era of privatizations.

                                    • Venice
                                    • 22 May 2009
                                       
                                       

                                      Joint meeting. After the crisis: safeguarding future generations

                                        The participants at this ASL seminar observed that history has always been marked by periods of change – the current one being no exception. The failure of the economic paradigms that underpinned Western development for decades has triggered a widespread sense of fear, which has translated into mistrust and instinctive and irrational behaviors.

                                      • Venice
                                      • 22 May 2009
                                         
                                         

                                        Energy savings, renewable resources, nuclear power: the best choices for Italy

                                          The approval of a renewable energy and climate change legislative package by the European Union in December 2008 is part of a wider push to formulate a global policy to combat climate change. Indeed, the Copenhagen Conference to be held in December this year will play a key role in deciding what should follow the Kyoto Protocol once it expires in 2012.