China’s reserves of foreign exchange are shrinking. Is that a sign of an upcoming crisis? We asked China expert Prof. Rolf Langhammer about China’s exchange policy and if we need to worry about China’s economy.
Established in 2008, the Global Economic Symposium GES challenges leading international decision-makers from academia,
business, politics, international organizations and civil society to develop new solutions to major global problems.
The YES! – Young Economic Summit is a new conference for high school students.Just like the participants at the GES, the students identify a problem and try to find a practical solution to it. Since their perspective is less obstructed, their results are unique and an inspiration for adults who deal with the same topics.
The Global Economic Symposium is different from other conferences for various reasons: It is solution-oriented. It is based on research and facts. It brings people from different disciplines and backgrounds together.
The EFSI – also known as the Juncker Plan – is meant to boost investment in Europe. But there are grave doubts concerning the EU Commission’s analysis and chosen instruments. The discussion at the GES sought to tackle this problem.
The crisis of 2008 was not only an economic one, it was also a crisis of values. Caused by rampant self-interest and an obsession with profit maximization, we witnessed the near-collapse of the international financial system. In the hope of righting these wrongs, the motto of the Global Economic Symposium 2015 is “Values to Guide Economies.”