Tuesday, September 25, 2018

(Clockwise from top left) Mr Jean-Claude Trichet, Lord Nicholas Stern, Mr Ali Babacan and Dr Raghuram Rajan are four of the sixteen members in the Eminent Persons Group.
(Clockwise from top left) Mr Jean-Claude Trichet, Lord Nicholas Stern, Mr Ali Babacan and Dr Raghuram Rajan are four of the sixteen members in the Eminent Persons Group.PHOTOS: REUTERS, THE BUSINESS TIMES, ST PHOTO: SEAH KWANG PENG
SINGAPORE - Deputy Prime Minister Tharman Shanmugaratnam is the chairman of the 16-member international group of top economists and leaders which has been tasked to review issues related to global financial governance.
Here's a look at the other prominent names in the Eminent Persons Group and their contributions to the field of world finance:

DR JOHN TAYLOR, 70

Stanford University professor is one of the highest-regarded thinkers and influential economist of our time. A former Under Secretary of the Treasury for International Affairs of the United States, Dr Taylor's contributions to monetary economics have been huge, including the well known 'Taylor rule' - a simple equation intended as a tool for policymakers to target interest rates. The equation is now essentially seen as the rule of thumb of monetary policy. Dr Taylor has also been active in the field of public policy, and has been listed by Thomson Reuters among 'citation laureates' who are likely to win the Nobel Prize in Economics in future.

MR JEAN-CLAUDE TRICHET,74

The former European Central Bank president, popular as 'Monsieur Euro' in the Eurozone, has had an illustrious 40-year career in the world of finance. Originally trained as an engineer, he rose through the ranks of French bureaucracy to serve in roles like deputy head of International Monetary Fund (IMF), governor of the Bank of France etc, and has won the Financial Times 'personality of the year award' for his management of the early sub-prime crises in 2007. Mr Trichet is known to talk with his opponents on policy, and try to convince those who disagree with him. He also enjoys the comedy of 'Ali G' - a satirical fictional character created by British comedian Sacha Baron Cohen.

LORD NICHOLAS STERN, 71

British economist and London School of Economics professor was the former chief economist and senior vice president of the World Bank. His review on Economics of Climate Change released in 2006, was a landmark document which was recognised as a definitive account of economic dangers to the planet due to global warming. Lord Stern, who had warned in the document that the cost of inaction on climate change would be far greater for future generations, has been reported to state in hindsight that he "underestimated the risks and underplayed the dangers" of climate change and that he "should have been much stronger in what (he) said in the report".

DR JACOB FRENKEL, 74

The Israeli economist and chairman of JPMorgan Chase International was the former governor of the Bank of Israel. He has had an illustrious career in various banks and financial institutions including Merrill Lynch International, American International Group, the IMF Fund, as well as investment advisory roles in councils for Turkey and China Development Bank.

DR RAGHURAM RAJAN, 54

The youngest economist to be appointed IMF's chief economist in 2003, debonair Dr Rajan was also the winner of the Fischer Black Prize, given every two years to an economists under 40 who has made the most significant contribution to the theory and practice of finance. The 'rockstar' banker from India served two terms as governor of the country's central bank and was also the chief economic adviser at India's Finance Ministry. He was responsible for fending off volatility from US Federal Reserve's tapering in 2013 on India's economy, and initiating the clean up of its banking system which was stinking in bad loans.

MR ZHU MIN, 65

The former deputy managing director of the IMF and former deputy governor of the People's Bank of China is now president of the National Institute of Financial Research at Tsinghua University. He has published extensively on a wide range of issues like
macroeconomic management, financial regulation and financial markets.

DR NGOZI OKONJO-IWEALA, 62

Former World Bank managing director and Nigerian finance minister, Dr Okonjo-Iweala is known to have helped grow her country's economy - the largest in Africa - an average 6 per cent per annum in the last thre years. She is credited with developing reform programs that helped improve governmental transparency and stabilizing the economy. The Harvard- and MIT-trained Dr Okonjo-Iweala spent 21 years as a development economist at the World Bank.

DR OTMAR ISSING, 81

German economist Dr Issing was a founding member of executive board of the European Central Bank and its first chief economist. He is widely regarded as the architect of the euro, having left the Deutsche Bundesbank to join the ECB in 1998 specifically to create the EU currency. He has since criticised ECB as a 'house of cards' which will collapse. In 2010, he slammed the first Greek rescue as little more than a bailout for German and French banks, insisting that it would have been far better to eject Greece from the euro as a salutary lesson for all. Dr Issing headed the Advisory Council on a New Financial Order appointed by German Chancellor Angela Merkel in her first term. He also was a member of the High Level Group of the European Commission.

DR TAKATOSHI ITO, 66

Japanese economist and former Columbia University professor was the former member of the Prime Minister's Council on Economic and Fiscal Policy of Japan and the former Deputy Vice-Minister of Finance for International Affairs of Japan.

DR ANDRÉS VELASCO, 57

The former finance minister of Chile is a professor in Columbia University. He has been recognised for his contributions to economic research, the design of policies, and the creation of research institutions in Latin America and the Caribbean. He has also been a consultant for the IMF, the Inter-American Development Bank, the World Bank, and for the governments of the Dominican Republic, Mexico and El Salvador. He has written a number of books.

DR NORA LUSTIG, 66

Tulane University profesor Dr Lustig is the founding member and past president of the Latin American and Caribbean Economic Association. She was the lead author of the World Development Report 2000/1 'Attacking Poverty', and has other research to her credit like Mexico, the Remaking of an Economy which was recognised as an Outstanding Academic Book.

MR FABRIZIO SACCOMANNI,74

Italian economist and the former senior deputy governor of the Bank of Italy was also the former Minister for Economy and Finance in Italy.

MR SUFIAN AHMED, 58

An advisor to Prime Minister of Ethiopia and the country's former Minister for Finance and Economic Development, Mr Ahmed has had an illustrious career as a civil servant after a humble beginning as an instructor in Addis Ababa University.

MR ALI BABACAN, 50

The Turkish member of parliament was former Deputy Prime Minister of Turkey responsible for the economy. He has worked as a financial consultant to top executives of major US banks.

DR MAREK BELKA, 64

Former Prime Minister and Finance Minister of Poland, he was also the former director of the International Monetary Fund's European Department and former president of the National Bank of Poland
SOURCES: FORBES, GUARDIAN, WSJ

Tuesday, September 26, 2017

including canada in tripartite talks can be global2.0 gamechnager

ASTONISHING WIN-WIN TRADE NEGOTIATIONS

we see canada as the world's number 2 chnapion of small enterpise world trade second only to china- see how alibaba hosted www.gateway17.com in tronto, note canada trudeau has trailblazed a pavilaion at alibaba campus, note alibaba's number 2 is candian; canada also celebrates diversity including 1.25 chinese canadians

canada is also keen to stop walls all across the amerucas - both of these dynamics made canada an ideal tripartite dicsussant with usa and mexico on future of trade

we hope other latin american countries tap into how canada can help boost win-win trades global 2.0 can be driven by for any nation that gets green, wants its youth to contribute to sustainability generfation and digital's post injustria revolution, sees region 10 as one of the most exciting to belt road map

Canada's Minister of Foreign Affairs Chrystia Freeland (C), Mexico's Secretary of Economy Ildefonso Guajardo (L) and United States Trade Representative Robert Lighthizer speak on the final day of the third round of the NAFTA negotiations in Ottawa
Canadian, Mexican and US trade representatives on Wednesday trumpeted strides made in a third round of continental free trade talks, despite major irritants casting a shadow over their meeting.
"We are making solid headway on bread and butter issues," host and Canadian Foreign Affairs Minister Chrystia Freeland said at the end of five days of negotiations on the North American Free Trade Agreement (NAFTA).
She cited "astonishing progress" made on "a number of the more technical but really important issues."
But she acknowledged that some of the "hardest issues or proposals" have not yet come up for discussion.
"We have some challenging issues ahead," she said.
Her counterparts, Mexican Economy Secretary Ildefonso Guajardo and US Trade Representative Robert Lighthizer, were equally effusive about this round while cautiously optimistic about the next.
"There is an enormous amount of work still to be done, including some very difficult and contentious issues," Lighthizer said.
"We will have substantial challenges to overcome," echoed Guajardo, adding that Mexico "will be open to new ideas."
The negotiations wrapped up as a row erupted over Canadian aircraft sales to the United States.
Ottawa slammed a whopping 220 percent countervailing duty that Washington imposed on major Canadian manufacturer Bombardier, following an investigation into state subsidies sparked by a complaint by US aircraft manufacturer Boeing.
This appeared, however, to have little or no impact on the outcome of the latest NAFTA talks, with Freeland vowing to deal with the aircraft issue separately.
"I think we all know that this is an administration that is openly protectionist," Freeland commented.
"It is an administration that speaks quite openly of an American first policy that Canada has do deal with," she said. "And that's what we have to do."
- Elephant in the room -
Bombardier, unions representing Canadian aerospace workers, and both the Canadian and Quebec governments assailed the duties as "absurd," "ridiculous," "madness," and an attempt by Boeing to "stifle competition."
Prime Minister Justin Trudeau vowed to retaliate by cancelling an order for Boeing fighter jets.
"I think our US counterparts understand how upset we are with this decision and how we're looking at all options," Canadian Trade Minister Francois-Philippe Champagne said when asked if the Bombardier-Boeing spat could spill over into the ongoing NAFTA negotiations.
Also on the sidelines, Canada and the United States are sparring over trade in softwood lumber, which could impact one of Canada's top sectors.
Away from that turmoil and after five days in Ottawa, NAFTA negotiators said they had made "significant progress in several areas."
They noted that they are now working from "consolidated texts in most areas," meaning the parties have agreed on key facts and proposals.
Advances were made in telecommunications, competition policy, digital trade, good regulatory practices, and customs and trade facilitation.
Parties also exchanged proposals for opening up access to government procurement.
And they wrapped up a chapter on small- and medium-sized businesses, though details on this were scant.
The envoys also said they expect to conclude negotiations on a chapter on "competition" before the start of the next round of talks in Washington in two weeks.

Sunday, November 4, 2012

help us informally build http://entrepreneurialunion.com - official list of european discussants of social economy appears:
http://ec.europa.eu/transparency/regexpert/index.cfm?do=groupDetail.groupDetail&groupID=2753

Name:
Groupe d'experts de la Commission sur l'entrepreneuriat social (E02753)
Active
Individual expert appointed in his/her personal capacity
Name Nationality Professional Title Membership Status
BARNA, Cristina Romania Member
BORZAGA, Carlo Italy Member
BOSMA, Niels Stefan Netherlands Member
HUYSENTRUYT, Marieke Belgium Member
JUSTO, Rachida France Member
MAYER, Judith Lisa Germany Member
NASIOULAS, Ioannis Greece Member
NOGALES, Rocio Spain Member
SINHA, Rachel United Kingdom Member
Organisation
Name of Organisation Category Countries/Areas represented Membership Status
Action Tank Entreprise et Pauvreté Corporate
France
Member
Ashoka Deutschland Corporate
European
Member
Banca Prossima Corporate
European
Member
bdv Austria Corporate
European
Member
Big Society Capital Corporate
European
Member
Caixa Geral de Depositos Corporate
European
Member
CECOP Corporate
European
Member
City of London Corporation Corporate
European
Member
Clann Credo Corporate
European
Member
Comptoir de l'innovation Corporate
European
Member
Confederazione cooperative italiane Corporate
European
Member
Crédit Coopératif Corporate
European
Member
CSDF Corporate
European
Member
ENSIE Corporate
European
Member
Euclid Network Corporate
European
Member
EVPA Corporate
European
Member
Foundation ISIS Corporate
European
Member
GIB Corporate
European
Member
Grameen Crédit Agricole Microfinance Foundation Corporate
European
Member
IQ consult Corporate
European
Member
KFW Bankengruppe Corporate
European
Member
NESST Europa Corporate
European
Member
Once foundation Corporate
European
Member
Protestant foundation Corporate
European
Member
Regione Toscana Corporate
European
Member
REVES Corporate
European
Member
Slovenian association for Mental Health Corporate
European
Member
Social Business International OY Corporate
European
Member
Social Entreprise UK Corporate
European
Member
Social Finance Financial Institution
European
Member
Social Platform Corporate
European
Member
The Grameen Creative Lab Corporate
European
Member
The institute of Public Affairs Corporate
European
Member
Triodos Bank Corporate
European
Member
West Sussex country council Corporate
European
Member
Croatian Ministry of Entrepreneurship and Crafts Candidate country
Croatia
Observer
European Economic and Social Committee EU body
European
Observer
European Investment Bank EU body
European
Observer
European Investment Fund EU body
European
Observer
Government of the Principality of Liechtenstein Third Country
Liechtenstein
Observer
Ministry of Economy and Regional Development Candidate country
Serbia
Observer
Ministry of Economy, Department for entrepreneurship and competitiveness of SMEs Candidate country
The former Yugoslav Republic of Macedonia
Observer
Ministry of Family and Social Policies Candidate country
Turkey
Observer
Promoting Social Business Third Country
Albania
Observer
National administrations
Country Membership Status
Austria 0 Public Authorit(y-ies) Member
Belgium 1 Public Authorit(y-ies) Member
Bulgaria 1 Public Authorit(y-ies) Member
Czech Republic 1 Public Authorit(y-ies) Member
Denmark 1 Public Authorit(y-ies) Member
Estonia 1 Public Authorit(y-ies) Member
Finland 1 Public Authorit(y-ies) Member
France 1 Public Authorit(y-ies) Member
Germany 1 Public Authorit(y-ies) Member
Greece 1 Public Authorit(y-ies) Member
Italy 1 Public Authorit(y-ies) Member
Latvia 1 Public Authorit(y-ies) Member
Lithuania 1 Public Authorit(y-ies) Member
Luxembourg 1 Public Authorit(y-ies) Member
Malta 1 Public Authorit(y-ies) Member
Poland 1 Public Authorit(y-ies) Member
Portugal 1 Public Authorit(y-ies) Member
Romania 1 Public Authorit(y-ies) Member
Slovenia 1 Public Authorit(y-ies) Member
Sweden 1 Public Authorit(y-ies) Member
United Kingdom 0 Public Authorit(y-ies) Member

Sunday, November 27, 2011

the week all youtyh hope in europe dies

between 

2,000 Poverty Fighters Expected to Join Queen of Spain for Global ...

www.microcreditsummit.org/news/28/2-000-poverty-fighters-expected.html

2,000 Poverty Fighters Expected to Join Queen of Spain for Global Microcredit Summit. VALLADOLID,SPAIN – Nov. 14 – Today, some 2,000 poverty fighters ..



1997 and 2011 nobody but nobody gave more rpoyal support to  exploring ptential of thriving communities through microcredit and girl empowerment than queen sofia of spain (and greece)

it was clear at the summit she graced that big banks had taken over microcredit and then days later brusels hosted an event on how they were determined to destroy youth livelihoods across scoieties

could franciscan values rise again or was europe to be forever merkeled