The first day of the 8th Annual Meeting of Yalta European Strategy has come to an end. Later at night today the Annual Meeting participants will have a chance to hear the world’s preeminent economist and publicist, winner of the Nobel Prize in Economics 2008 Paul R. Krugman and his special speech entitled “The Future of Western Democracy and Market Economy”.
For the latest one hundred years, the Arab countries have experienced the range of crushing defeats in nation-building domain. Tarek Osman, a writer and analyst, author of “Egypt on the Brink”, expressed this idea during the discussion about the Arab revolutions at the 8th Annual Meeting of Yalta European Strategy.
During the Orange Revolution Ukrainians proved their belonging to the European civilization. This idea voiced out Leonid Kuchma, President of Ukraine (1994-2005), in the debates on the issue of the Northern Africa revolutions at the 8th Annual Meeting of Yalta European Strategy.
Russia in the globalized world should play the role of a bridge between the West and East Asian civilizations.
Process management at the global level is more and more demanded in the modern conditions. However, conventional associations and institutions do not answer the present-day needs any longer. This idea was voiced out in the debates “World Architecture – Continuous? – Reshaping” at the 8th Yalta Annual Meeting of YES by Strobe Talbott, President of the Brookings Institution (USA).
All integration associations in the world these days are subject to a severe trial and joining any association, a country is to assess thoroughly and soberly whether it is ready to integrate.
The global crisis concerns everybody, but only those countries where the crisis started should take decisions on the way out of it, Suresh P. Prabhu, an ex-Minister of Industry, Energy and Environment of India, declared in the course of discussing the problems of the global economy at the 8th Annual Meeting of Yalta European Strategy.
Centralization of fiscal policy within the European Union is an essential precondition to overcome the crisis within the Euro zone.
The present-day problems in the US and European economies are not linked to the nature of society as it is, they are due to the faults in the financial system.