Davos Annual Meeting 2004 - Revisiting the Economic Case for Globalization

2,979 views · Published 6 September 2007 · 1:22:51 · Indexed 20 September 2026

Channel: World Economic Forum · 2007 · News & Politics

Watch on YouTube

http://www.weforum.org/

25.01.2004

Financial liberalization has on average benefited the world economy, but the actual experience of deregulation has also been fraught with some severe negative consequences.
1) Should liberalization be implemented more comprehensively? What role should the state play in regulating markets?
2) Have recent problems been due to a failure of execution, or of conception?
3) What alternatives to the "Washington Consensus" exist to guide developing economies and deliver results for people?
Taizo Nishimuro, Chairman of the Board, Toshiba Corporation, Japan
Juan Somavia, Director-General, International Labour Organization (ILO), Geneva
Joseph E. Stiglitz, Professor, Graduate School of Business, Columbia University, USA
Peter D. Sutherland, Chairman, Goldman Sachs International, United Kingdom; Member of the Foundation Board of the World Economic Forum
Chaired by
Moisés Naím, Editor-in-Chief, Foreign Policy Magazine, USA

More from this channel