CSA CELEBRITY SPEAKERS ISSUE 1 FEBRUARY 2015 SPEAKER BULLETIN A World at The Crossroads Dambisa Moyo - page 02 A Comeback Strategy for Europe Carl Bildt - page 04 global speaker bureau CSA SPEAKER BULLETIN 01 From the editor... There are reasons to be optimistic not unpredictable as Stephane Garelli about the World Economy, despite the explains (page 3). developed world struggling to recover from the 2007/2008 financial crisis. The On the more positive side we have the emerging countries have fared better phenomenon of the technical revolution, but they, too, have started to flounder with the potential to catapult individuals lately. In this issue some of the world’s and organisations into a new world of most influential voices comment on the success and growth. Joshua Klein world’s most important and immediate explains on page 9 what he believes the developments that affect our global and technical revolution looks like and Ray economic future. Hammond (page 11) analyses whether social media is a force for peace or growth. Reading page 10 ‘Rocking From looking at the blood soaked instability. Your Business World’ might be a shambles across the world, in particular start. It is amazing how rock stars can Ukraine- please note the comments I trust the brief contents of this issue’s invigorate businesses by demonstrating of Joschka Fischer (page 7), and Syria Bulletin creates the right degree of that everyone and every business can - by Ana Palacio (page 6), adding the awareness as to what is happening become a rock star! rise of radical terrorism evoked through around us, but at the same time ISIS, the world is again at a new inspires you to find to some ideal way Dagmar O’Toole crossroads, and the world is volatile but to create a culture of success and [email protected] Contents Latest News 2 A World at The 6 Noreena Hertz at WEF Feb Kemal Dervis discusses the Crossroads - Noreena Hertz 16 economic choices facing Europe - Dambisa Moyo 7 Europe’s War in Ukraine Feb Nouriel Roubini talks about 3 The World is Volatile but - Joschka Fischer 1 monetary policies since the not Unpredictable… global financial crisis. - Stéphane Garelli 8 Greece is Playing to Lose - Anatole Kaletsky Jan Carl Bildt, Former Swedish PM, 4 A Comeback Strategy for 29 discusses the UK in the EU. Europe 9 What Real Technological - Carl Bildt Revolution Looks Like - Joshua Klein Munich Security Conference 2015 10 Rocking Your Business - Carl Bildt World - Ian Gillan, Uli Jon Roth, Dee 5 The Greek Crisis Snider - Leszek Balcerowicz 11 Social Media: A Force for 6 Syria’s No-Solution Peace or Instability? CSA is delighted to feature our latest Solution - Ray Hammond digital Corporate Brochure, featuring - Ana Palacio a host of new, as well as established, exciting speakers. Click here to view. © 2015 Celebrity Speakers Ltd To book call: +48 58 321 73 02 Email: [email protected] Visit: www.speakers.pl CSA SPEAKER BULLETIN 02 Dambisa Moyo A World at the Crossroads n 2015, global headwinds – technology, demographic shifts, income inequality and resource Idepletion- will continue to push long-term global growth prospects downwards. We will continue to grapple with the defining challenge of our time: how to create solid and sustained economic growth and continue to meaningfully put a dent in poverty across the world. In essence, how do we restore robust growth in the Eurozone, the United States, and around the industrialized economies creaking under mounting debt, challenging demographics, and stagnating productivity; and how do we boost growth in the developing world - home to 90% of the world’s population and where, on average, 70% of the population is less than 25 years old - as a period of unprecedented economic expansion begins to slow in some places and regress in others? Against this backdrop, the efficacy of democracy and market capitalism will continue to be challenged. Moreover, the temptation of policy makers to pivot to inferior models of economics and politics (including state-led capitalism, trade protectionism and reduced cross- border capital flows, de-prioritizing liberal democracy) will continue to Dr Dambisa Moyo is an international economist and author of mount. Global Bestsellers ‘Winner Take All’, ‘Dead Aid’ and ‘How the West Was Lost’. She has travelled to more than 75 countries From an investment stand point, over the last decade, during which time she has developed a opportunities will be in those countries unique knowledge base on the political, economic, and financial and sectors that benefit from workings of emerging economies, in particular the BRICs and the greater global volatility and declining frontier economies in Asia, South America, Africa and the Middle globalization. n East. © 2015 Celebrity Speakers Ltd To book call: +48 58 321 73 02 Email: [email protected] Visit: www.speakers.pl CSA SPEAKER BULLETIN 03 is volatileThe but notWorld unpredictable… olatility is increasing. What was inflation has not disappeared elsewhere true a few months ago can shift drastically: think about Large companies are cash rich Vcommodity prices, currencies worldwide and use it for dividends, or the performance of emerging share buybacks and M&As…. markets… Never before has the economic and business environment ...While smaller companies continue to had such an impact on companies. struggle to borrow cheaper money All this volatility can be dangerous Capital expenditures remain alarmingly because it distracts companies low as global demand stagnates from focusing on the essentials: what are the trends that will shape International taxation shifts: pay where So, how can companies take the competitiveness landscape in you make money not where you are advantage of these trends and make 2015, and beyond? What will really registered a difference? matter and where should companies concentrate their efforts and expand Compliance becomes pervasive and The key for success lies in three levels their competitive advantage? shadow banking is next on the list of management excellence: efficiency, change and complexity. Furthermore, Because the world is volatile, it does Family businesses remain a success companies need to stimulate a mind- not mean that it is totally unpredictable. story in Europe and in emerging set of imagination (why not?), of energy It is possible – and indeed critical – economies (why not now) and of commitment (why to identify those major issues that will not me). have a deeper and more fundamental New global companies emerge and impact on business and society. new brands proliferate In addition another phenomenon is The most successful companies gaining momentum: companies are will be those who will address these Consumer attitudes evolve from “I need increasingly questioned about their changes and opportunities early, and it” to “I want it” contribution to society, above and turn them into a competitive beyond their financial results. The strategy. The emerging poor ($2-$10 a day) - “legality” of their actions - conforming 2.8bn people - need a new business to the law - is no longer enough in Hence, what should be on our radar model a world where public opinion also screen in 2015? demands “legitimacy” - conforming Oil price volatility sends a shock wave to a higher standard. In such a world, The « New Normal » may consist of and affects exchange rates, budget companies will need to answer the softer growth with short bursts of balances, etc. broader question: why us? And to activity better anticipate what society expects The cost of energy is key: soon 50% from them. How? n Emerging economies will be less cheaper in the US than in Europe and vibrant, especially if raw material prices Japan Stéphane Garelli is a remain low Professor at both the Urbanization and climate change also International Institute for Interest rates will stay insignificant in affect the cost structure of business Management Development Europe and Japan, a little higher in the (IMD), and at the University US The “Silver” economy (60+) implies of Lausanne, Director of a new focus on Wealth and Health The World Competitiveness Deflation is a threat for Europe but management Yearbook. © 2015 Celebrity Speakers Ltd To book call: +48 58 321 73 02 Email: [email protected] Visit: www.speakers.pl CSA SPEAKER BULLETIN 04 from both inside the Continent A Comeback and out. “When Pope Francis addressed the Strategy for European Parliament last November, he compared the European Union to a grandmother – pleasant and Europe rich with experience, but lacking the vitality and energy of the past. It is high time, Francis argued, that EU leaders Carl Bildt was Sweden’s shed their dozy image, recognize the other countries would create a mega- foreign minister from 2006 to strategic challenges that Europe faces, regional free-trade zone – would October 2014, and was Prime and forge a clear policy for tackling most likely accelerate this shift (all Minister from 1991 to 1994, them. the more so if China eventually joins). when he negotiated Sweden’s Though the TPP faces no shortage of EU accession. A renowned Admittedly, the pope’s characterization hurdles to clear before an agreement international diplomat, he was alarmingly accurate in some is finalized, its potential to augment served as EU Special Envoy to respects. But, despite its seeming Asia’s economic power cannot be the Former Yugoslavia, High lassitude, Europe retains significant underestimated. Representative for Bosnia strengths. It is a hub of high-level and Herzegovina, UN Special thought and innovation; it is home to Europe must work to secure its position Envoy to the Balkans, and some of the world’s most competitive in the new world order – beginning by Co-Chairman of the Dayton regions and industries; and, perhaps enhancing its own trade and investment Peace Conference. He is a most impressive, it has built a ties with the US.