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11th Annual Conference in London, 13th and 14th November 2006 |
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Economic superpowers China, India and Europe - with a GDP of $20 trillion by 2020 - have strong interest in encouraging US multi-lateralism. A related theme is integrating Russia more fully into the world economy. Multilateralism is the way forward. |
Sir Paul Judge, Georg Boomgaarden, Prof. Rajendra Jain, Dr. Chun Lin, Katinka Barysch |
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Dr. Bernd Pfaffenbach, State General, Ministry of Economics and Technology, Germany |
Pfaffenbach calls for Russia's integration “I see the great danger that we get away from multilateralism to bilateralism and bilateralism would be very harmful to the poorest one in the world because no no one wants to make contracts with them, it’s just the strong ones which come together and so I think this is our task to come to a positive outcome in the next month.” More |
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Pfaffenbach says Russia needs West “We in Germany had certain difficulties with Iraq and the US, and we are glad now that we have come back to normal procedures with Chancellor Merkel, but we cannot do it by bilaterally, Europe and US, we have to include Russia in to the system.” Pfaffenbach rails against anti-Americanism “For Europe to be anti- American, it’s self-defeating because basically Europe stands for international co-operation.” Pfaffenbach sees stronger world order “America has failed in its leadership role. Now maybe after the midterm elections we’ll have a better interlocutor with the US and that could build a stronger world order.” |
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 James warns on world finance risk from terror
Prof. Harold James, Princeton University “Globalisation is very vulnerable to terrorism. We've been really extremely fortunate that there wasn't a repetition of the 9/11 scale of attack. if you imagine a sustained series of biological or chemical or nuclear attacks on major financial centres, on London or New York, you would actually bring down the system.” More |
Grant says EU, India, China all economic superpowers
Charles Grant, Director, Centre for European Reform “Like the EU, India and China are economic superpowers, they will all be $20 trillion economies in 2020. India, China and Europe have a common interest in trying to get America to behave in a multilateral way. On issues like Russia or global warming, France, Germany and the UK must act together.”
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 Ischinger says conditionality crucial for governance
H.E. Wolfgang Ischinger, German Ambassador to the UK “Britain and Germany have little to fear and much to gain from India and China growth. On Africa, conditionality is crucial for governance. The tendency to offer new loans without restrictions undermines what we want to do. A dialogue between London, Brussels Berlin and Beijing is very important.” More |
Donnelly urges open rules on investment and minerals
Martin Donnelly, Director for Globalisation, UK Foreign and Commonwealth Office “The main priorities are maintaining an open investment climate between Europe and Asia, building transparency in key industries like minerals and realising our overall cultural and economic interdependence. The learning process is proceeding fast.” |
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