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The World Economy: Will it get Worse Before it Gets Better?



Date: Wednesday, June 20, 11:30 - 13:00
Location: Oren 3 Hall

At the beginning of 2012, World Bank experts warned that the "world economy was entering a dangerous era". In their words, the direramifications of the economic crisis befalling Europeare beginning tospread beyond the continent, and rates of growth and world trade are in decline. In light of these predictions, is the global economy heading towards another downturn or are we in the midst of a painful process of rehabilitation? Were the lessons of the 2008 crisis successfully internalized? How will current trends impact the future global economy? What should be done today so that tomorrow’s economy will refute the pessimists’ gloomy forecasts?

 

Moderator:

 

Professor Jacob Frenkel, Israel: Chairman, JPMorgan Chase International; Chairman and CEO, Group of Thirty; former Governor, Bank of Israel; former Vice Chairman, AIG; former Chairman, Merrill Lynch International; Fellow, Econometric Society; Member, Board of Directors, National Bureau of Economic Research; Member, International Advisory Board, Council on Foreign Relations. Recipient: Israel Prize in Economics, Hugo Ramniceanu Prize for Economics, Tel-Aviv University, Czech Karel Englis Prize in Economics.

 

Participants:

 

Dr. Jacques Attali, FranceCEO, A&A; President, PlaNet Finance; Honorary Member, Council of State; former Special Adviser to the President of the Republic; Founder, first President, European Bank for Reconstruction and Development. Author: The Economic History of the Jewish People (2002); A Brief History of the Future (2006); After the Crisis (2010). Recipient: Corporate Citizenship Award, Woodrow Wilson International Center for Scholars; Designated as one of France's three most influential scholars, and one of the 100 most influential worldwide.

 

Ms. Abby Joseph-Cohen, USA: President of the Global Markets Institute, Senior Investment Strategist, Goldman Sachs; Chair, Board of Trustees, Jewish Theological Seminary; Presidential Councillor, Cornell University; Board member, Weill Cornell Medical College, Brookings Institution, The Economic Club of New York.

 
Mr. Yair Seroussi, IsraelChairman, Board of Directors, Bank Hapoalim; Chairman, Poalim Capital Markets; former President, Israel Bank Association; Member, Board of Governors, The Hebrew University of Jerusalem.
 
Hon. Dr. Alejandro Toledo, Peru: Former, President of Peru (2001-2006); Founder and President, Global Center for Development and Democracy (GCDD); Founding Member, Friends of Israel Initiative (FOII).

   

 
The panel will be simultaneously translated into Hebrew 
and English.





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