2012 Conference proceedings

19:30 | Welcome Cocktail

20:00 | Dinner debate

“Establishing and operating a business in a conflict zone”

Introduction by Thierry de Montbrial

President and Founder of the WPC

Christophe de Margerie

Chairman and CEO of Total

“It’s an important subject: how do you manage a company like Total, an industrial business, which has high stakes in terms of investments and big problems with acceptability, when it has to supply energy to as many people as possible?”

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Debate

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09:00 – 10:15 | Opening

Message from François Hollande

President of the French Republic

“The second subject you are discussing is the future of the eurozone. There has been considerable progress in terms of cohesion and trust in recent months.”

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Thierry de Montbrial

Founder and chairman of the WPC

“First point – the nature of interdependence has changed as a result of globalisation. It has become non-linear, as can be seen from the examples of the financial and economic crisis since 2007-2008, and the Arab Spring.”

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Alassane Ouattara

President of the Republic of Côte d’Ivoire

“The world today is facing turbulence. Forecasts recently published by the Organisation for Economic Co-operation and Development expect “a hesitant and uneven recovery”, with growth rates cut to 1.4% in 2013 instead of 2.2% as was initially forecast.”

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H.A.H Bartholomew 1st

Archbishop of Constantinople, New Rome and Ecumenical Patriarch

“In this context, old alliances which seemed so solid just a few years ago are beginning to weaken.”

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H.S.H. Prince Albert II

Sovereign Prince of Monaco

“All this means that we have to come up with new lifestyles, aimed at respecting carefully thought-out conservation.”

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Herman Van Rompuy

President of the European Council

“Without going into details, let me just stress one point, and you may think that is all very well, I am sure they can come up with technical solutions, but in the end will European citizens follow, a key question indeed, and I am obviously aware of some of the doubts, but I am confident about the public support for our Union in the end.”

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Najib Mikati

Prime Minister of Lebanon

“But, rather than changes, it would be more appropriate to speak of upheavals, since the very foundations of the systems which organise our societies are being re-evaluated.”

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10:15 – 10:30 | Coffee break

10:30 – 12:00 | Plenary session 1

“Global economic governance”

Introduction by Jim Hoagland

Contributing Editor to The Washington Post

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Angel Gurría

Secretary-General of the OECD

“What is clear is that the crisis is not over yet. The outlook has even deteriorated in the last few months. “

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Il Sakong

Chairman of the Institute for Global Economics, Former Finance Minister of Korea

“The G20 also deserves due credit for successfully initiating, but not yet completing, the difficult task of reforming the institutions that are at the centre of the formal global economic governance system.”

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Kemal Dervis

Vice President, Brookings Institution and Member of the Executive Committee, Istanbul Policy Center, Sabanci University

“We have to remember that from 1820 to 1950, if you take the whole emerging and developing world and the rich countries, there was divergence. The rich countries were getting richer, and the poor countries were not catching up and diverging more and more.”

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Benoît Cœuré

Member of the ECB’s Executive Board

“In my view, the rise of emerging market economies has made international cooperation both more desirable and also more difficult, and this is the challenge that we face now.”

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John Lipsky

Distinguished Visiting Scholar, International Economics Program, The Paul H. Nitze School of Advanced International Studies, Former First Deputy Managing Director, IMF

“Notably, both household and corporate sectors in most developed economies at present are in financial surplus.”

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12:00 – 12:45 | Plenary session 2

“G2 ?”

Introduction by Han Sung-Joo

Former Minister of Foreign Affairs of the Republic of Korea

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Robert Blackwill

Henry A. Kissinger senior fellow for U.S. foreign policy, Council on Foreign Relations (CFR)

“Those are all very general shared objectives of Washington and Beijing and there are currently 60 Governmental dialogues taking place between the two Governments under the umbrella of these shared abstract foreign policy goals. Does that mean that there will be an evolving and strengthening G2? “

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Wang Jisi

Dean of the School of International Studies, Peking University, and director of the Center for International and Strategic Studies, Peking University

The G2 as an idea is controversial in China. The Chinese leadership’s attitude is one of denial and resistance, for three major reasons.”

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Debate

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12:45–14:00 | Lunch debate

“Democracy in Europe”

Introduction by Thierry de Montbrial

President and Founder of the WPC

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Sylvie Goulard

Member of the European Parliament for the West of France

“If we look at the situation objectively – without being deliberately provocative, just objective – and consider how well States and the international organisations in which States work together have performed, the result is not impressive.”

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Debate

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14:15 – 15:00 | Plenary session 3

Introduction by Thierry de Montbrial

President and Founder of the WPC

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Mario Monti

President and Founder of the WPC

“When I was put into power – if you want to call it that – 13 months ago, Europe, the United States and the world were concerned about the state of Italy’s affairs because we were the possible spark that could cause the euro zone to permanently explode.”

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Debate

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15:00 – 16:30 | Plenary session 4

“The future of the EU”

Introduction by António Vitorino

President of Notre Europe – Institut Jacques Delors, Former Defense Minister of Portugal and Former European Commissioner

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Joaquín Almunia

Vice-President of the European Commission

“Are we emerging from the crisis? Clearly it’s a pertinent question, but the answer depends on who you ask.”

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Karl Kaiser

Harvard University; Former Director of the German Council on Foreign Relations

“For five years, the imminent collapse of the euro has been predicted and here we are five years later and the euro is still there.”

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Radosław Sikorski

Minister of Foreign Affairs of Poland

“However, I think that it is useful in a discussion to be frank and I will tell you that we are – how shall I put this diplomatically? – angry that the euro zone has been mismanaged so badly over the last few years.”

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Hubert Védrine

Former French Minister of Foreign Affairs

“Generally, when someone says “Europe”, I’m not too sure what it means. In geopolitical, strategic terms, it’s more of a statistical aggregate.”

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Pierre Vimont

Executive Secretary General, European External Action Service (EEAS)

“If you admit what I just said about these two observations, one can then ask the question: but why is it then that we still have this feeling when we talk about the European foreign policy, why can we have this feeling that something is still missing there, and not yet totally complete?”

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16:30 – 18:00 | Plenary session 5

“Good governance and economic success”

Introduction by Susan Liautaud

Visiting Scholar at the Stanford Centeron Philanthropy and Civil Society, Founder of Susan Liautaud & Associates Limited (SLA) and Imaginer Consulting Limited

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Bruno Lafont

CEO of Lafarge group

“Men can move, but not companies, and certainly not equipment.”

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Mo Ibrahim

Chairman of Mo Ibrahim Foundation

“Now, is this governance or is this theft? That is the issue.”

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Chang Dae-Whan

Chairman of Maekyung Media Group

“In 1974, I spent a semester at the College of Europe in Bruges, Belgium, studying the European Common Market, so I picked up the idea that if Europe can unite itself and look for peace and prosperity, why not Asians?”

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Donald J. Johnston

Founding Partner, Heenan Blaikie; Former Secretary-General of the Organisation for Economic Cooperation and Development (OECD)

“For example, as I recall, the World Business Council for Sustainable Development has a principle that says when you are in another country, you will apply the higher of the environmental standards of your country of origin, or the standards of the foreign country where you are operating.”

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Ana Palacio

Member of the Spanish Council of State, Former Senior Vice President of the World Bank, Former Minister of Foreign Affairs of Spain

“For many institutions today, such as the Monetary Fund or the World Bank, on a 25-member board, you see at least seven or eight European faces and sometimes one or two African faces, which does not represent the world of today.”

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Debate

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20:00 | Cocktail

20:30 | Gala Dinner

Introduction by Thierry de Montbrial

President and Founder of the WPC

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Pascal Lamy

Director-General of the WTO

“This is true of leadership: how can a leader be appointed if sovereign nation states enjoy equal rights, which is the Westphalian theory?”

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Conclusion by Thierry de Montbrial

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09:30 – 12:30 | Parallel workshops

Workshop #1 – Finance

Jean-Claude Trichet

Former President of the European Central Bank

“By the way, we avoided a Great Depression, but we had a great recession.”

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Josef Ackermann

Chairman of the Board, Zurich Insurance Group Ltd; Former CEO, Deutsche Bank

“At the time everybody talked about the need for narrow banking. But despite the rhetoric reality is completely different today.”

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Marek Belka

President of the National Bank of Poland

“One of the lessons that we drew from the recent crisis is that even if financial institutions, one by one, look healthy – and they do look healthy in times of prosperity – it does not mean that the whole system is not in danger.”

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Jeffry Frieden

Professor of government at Harvard University

“It was observed that one country’s policy driven capital movements could impose externalities on other countries. For example, we can observe, without imposing or suggesting any moral judgment, that one country’s large scale surplus implies large scale deficits on the part of other countries.”

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Jacques Mistral

Special advisor at Ifri

“What happened in Washington in the same period can reasonably be considered as a dangerous political deadlock by major international investors, at least by those outside London and Wall Street.”

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Riad Toufic Salame

Governor of the Lebanese Central Bank

“You can remember when there was one mistake in one programme in New York; the stock market fell 10%, without any explanation. Later, we knew the cause.”

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Debate

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Workshop #2 – Energy and environment

William Ramsay

Senior Advisor of the Center for Energy, Ifri; former Deputy Executive Director, International Energy Agency (IEA), former US Ambassador in Brazzaville

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Maria Van Der Hoeven

Executive Director of the International Energy Agency (IEA)

“The amount of global natural gas will grow by about 50% up to 2035 and the price relationships between regional gas markets will strengthen as a more integrated global market starts to emerge. “

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Christophe de Margerie

Chairman and CEO of Total

“Regarding renewables, the only thing we can say at this time is that we need them, and for the chairman of an oil and gas company, which we call an energy company, to say this is a proof of our real commitment. “

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Jacques Lesourne

President of the Scientific Committee of the Energy program at Ifri

“It is not very useful to take the OECD countries one by one: for instance the European Union has 27 energy policies and, in addition, a policy at the level of the Union.”

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Anil Razdan

Former Power Secretary of India

“[…] you need energy, you need equity, you need to protect the environment, you need efficiency, and you need enterprise. Unless these five Es are present, we will not be able to tackle the problem. “

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Kevin Sara

Chairman and CEO of Nur Energie

“It depends of course on how you count; some environmentalists will say that, if you count the externalities and the cost of pollution, renewables are already competitive today.”

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Alexander Likhotal

President of Green Cross International

“The Earth Overshoot Day – the day when we have consumed the sustainable portion of resources -was reached this year on 27 September. “

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Richard Cooper

Professor of International Economics at Harvard University

“The problem is who is to pay for restraining emissions, and we all know that almost all governments of the world today are strapped for funds.”

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Jean-David Levitte

Distinguished Fellow, The Brookings Institution; former Diplomatic Advisor and Sherpa of President Nicolas Sarkozy

“You will not believe it, but coal prices are going down because of the revolution, and so Germany, which is closing its nuclear plants, not emitting any CO2, is importing coal from America because it is competitive due to the shale gas revolution.”

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Debate (first part)

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Debate (second part)

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Conclusion by Christophe de Margerie

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Workshop #3 – Major risks

Introduction by Lionel Zinsou

Chairman of PAI Partners

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Godefroy Beauvallet

Head of the AXA Research Fund

“There are three core responsibilities of decision makers: first, they shall make sure, at any point in time, that there exists a central scenario known to civil society and based on the best and latest scientific data available. “

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Qu Xing

President, China Institute for International Studies

“Living a long time is not a risk, instead, it is a progress of mankind, but it will cause problems as the population getting aging. “

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Tadakatsu Sano

Attorney at Law, Jones Day, Tokyo

“You can point out a lot of predicable risks, but the important thing is that we are moving toward the Internet based society, I do not know how to tackle, there is fragmentation and individualization of society.”

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Igor Yurgens

Chairman of the Management Board of the Institute of Contemporary Development, Moscow

“Current events, from the recent global financial crisis to the environmental risks, already depicted, of transgression of planetary boundaries make it clear that we cannot continue on our present path.”

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Luc-François Salvador

CEO of Sogeti

“About 50 billion devices will be connected to the Internet in 2020, most of them barely protected, which implies as much potential doors for hackers to intrude in our machineries, our companies, our home and personal lives.”

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Philippe Chalmin

Professor of Economic History and Director of the Master of International Affairs at Paris-Dauphine University

“Our choice today is, what am I going to choose for lunch or dinner, but the choices of about one billion people around the world are different. “

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Raphael Wittenberg

Senior Research Fellow at the Personal Social Services Research Unit (PSSRU) at the London School of Economics and Political Science

“To give an idea of the finances involved, the European Union countries spend roughly 1.8% of Gross Domestic Product (GDP) on long-term care services, and that is only the formal services.”

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Dominique Moïsi

Special Advisor at Ifri

“[…] there is a major gap between the evolution of science and technology, which both make us dream, and also have nightmares, and the stability of human leaders, the stability of human nature.”

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Debate

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12:30 – 14:30 | Lunch debate

“Trust”

Introduction by Thierry de Montbrial

President and Founder of the WPC

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Josef Ackermann

Chairman of the Board, Zurich Insurance Group Ltd; Former CEO, Deutsche Bank

“Ladies and gentlemen, when I was asked about an hour ago by Jean Claude Trichet if I would be willing to say a few words about trust I asked myself ‘Why ask a banker?’ – or even a former banker in my case.”

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Jean-Claude Trichet

Former President of the European Central Bank

“In my view, one of our major problem today is that entrepreneurs find themselves in a universe where they are not sure of the real “state of nature” as regards the real economy and of what Governments are likely to do in the US, in Europe and in the rest of the advanced economies.”

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Debate

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14:30 – 16:00 | Plenary session 6

“The future of the Middle East”

Introduction by Mehmet Ali Birand

Editor in Chief of CNN Turk and Chief Anchor for Kanal D main news

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Jean-David Levitte

Distinguished fellow, Brookings Institution ; Former Diplomatic Advisor and Sherpa of President Nicolas Sarkozy

“So, in this general feeling of an America slightly in retreat, I see an exception, which is Iran. Iran, because what is at stake is not only regional balance, it is also the world order.”

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Meir Sheetrit

Member of Parliament, Former Minister of Internal Affairs, Israel

“I believe that the best way to make peace with Israel is to talk through the Arab Initiative, which can make peace, not only with Palestinians, but with all the Arab states. “

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Edward Djerejian

Founding Director of James A. Baker III Institute for Public Policy, Former US Ambassador to Syria

“[…] I am convinced that we are in a post Assad era. When he will go, I cannot predict, but we are in the post Assad era.”

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Manuel Hassassian

Ambassador of Palestine to the United Kingdom

“Without major social transformation, I do not think we can talk about the Arab Spring as having a different political culture that could accommodate the politik real in the Middle East today. “

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Mona Makram Ebeid

Former Member of Parliament, Egypt, Distinguished Lecturer,American University in Cairo, Member of the National Council for Human Rights

“Yes, today we are faced with two Egypts which are no longer able to communicate, which refuse to recognise each other and which do not listen to each other. “

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Debate

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16:00 – 16:30 | Coffee break

16:30 – 18:00 | Plenary session 7

“Africa”

Introduction by Lionel Zinsou

Chairman of PAI Partners

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Mo Ibrahim

Chairman of Mo Ibrahim Foundation

“Definitely, governance, which should aim as using all available resources in the most efficient way in order to deliver the best possible to the citizens, is a critical ingredient. “

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Hakim Ben Hammouda

Special Advisor to the African Development Bank Group (AfDB)

“And it’s true that we consider the question of the continent’s resilience to be crucial. For us, it’s about Africa’s ability to withstand the shock of the global crisis. “

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Edem Kodjo

President of PAX AFRICANA, Former Prime Minister of Togo, Former Secretary General O.A.U (A.U), A.U Peace Ambassador

“Yes Africa is a land of paradoxes, yes Africa is a land with great ambitions.”

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Jean-Michel Severino

CEO of Investisseurs et Partenaires

“It occurred to me that Africa is still a UGO, an unidentified geopolitical object. When you see how people view the African continent, what is striking is that no one really knows how to deal with the continent. “

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Debate

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20:30 | Dinner debate

Introduction

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Adil Abd Al-Mahdi

Former Vice President of the Republic of Iraq

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Debate

“Speaking about the Middle East is not an easy job. It is difficult, even for us living in the region, maybe more so than you because you can see it from outside.”

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08:00 – 09:00 | Report from Parallel workshops

Introduction by Thierry de Montbrial

President and Founder of the WPC

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Jacques Mistral

Special Advisor at Ifri

“The financial industry embarked upon strategies designed to create highly profitable, but high risk, portfolios, assuming, incorrectly as we have seen, that the liquidity which it required to operate safely could not evaporate so suddenly.”

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William Ramsay

Senior Advisor of the Center for Energy, Ifri; former Deputy Executive Director, International Energy Agency (IEA), former US Ambassador in Brazzaville

“The necessary decisions are not being taken, populations are not empowering democratically chosen solutions and the current depressed economic environment is aggravating an already bad situation.”

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Dominique Moïsi

Special Advisor at Ifri

“And the third theme actually consisted of saying that the major risk, over and above what had just been mentioned, was perhaps the refusal by leaders to take risks themselves compared to the present: what is known as the short-sightedness of governments.”

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Conclusion by Thierry de Montbrial

President and Founder of the WPC

09:00 – 11:00 | Plenary session 8

“General debate”

Introduction by Dominique Moïsi

Special Advisor at Ifri

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Han Sung-Joo

Former Minister of Foreign Affairs of the Republic of Korea

“The territorial disputes are about more than energy, more than fishing rights, and more, even, than geopolitics. It portends, I think, great danger, if unchecked, of a kind that Europe had to deal with before the Second World War.”

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Jim Hoagland

Contributing Editor to The Washington Post

“One of the most important parts of the IFRI world policy conference is the human factor. That is what struck me the most about this particular session.”

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Donald J. Johnston

Founding Partner, Heenan Blaikie; Former Secretary-General of the Organisation for Economic Cooperation and Development (OECD)

“One of the things that worries me most are the results that came out of Doha. The reality is that we have not made progress on climate change. “

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Serguei Karaganov

Chairman of the Presidium of the Council on Foreign and Defense Policy

“Obviously, the energy at the conference is increasing. It brings new people. It brings new ideas and here we are. Leadership is alive. “

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Igor Yurgens

Chairman of the Management Board of the Institute of Contemporary Development, Moscow

“I will be bringing three things back from this conference. Firstly, it is exceptionally important for us in Europe and probably in the world to have a French speaking forum.”

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Wang Jisi

Dean of the School of International Studies, Peking University, and director of the Center for International and Strategic Studies, Peking University

“For instance, I see six imbalances in global trends: demographic, social, ecological, economic and financial, the imbalance between the need and supply of natural resources, and the imbalance of wealth distribution.”

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Panelists’ remarks

“‘Is Asia in 2012, Europe in 1912? Is the situation we are witnessing in Asia about to become what existed a century ago in Europe?’”

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Debate

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12:30 | Lunch and Departure