GES Endorsements

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June 3rd, 2011

As to the finance system governance should aim at higher levels of bank capital and liquidity and at taking precautionary measures to prevent risks without endangering sustainable growth.
As to national budgets the task is to reduce the increasing levels of public debt.

Concerning planetary boundaries the time is ripe for identifying scientifically endorsed resource and emission caps, and for establishing reduction targets associated with these caps,
“Contraction and convergence” strategies. There is also a strong case for getting prices right in order to properly account for energy and material flows.

As to global poverty governance needs to reinforce the MDGs and Rio Process and deliver tangible results.

Global Economic Symposium (GES)statement [above] and
GES Advisory Board [below]

Academia:

Akerlof, George A. Nobel Laureate; Professor of Economics,
University of California, Berkeley

Blanchard, Olivier
Chief Economist, IMF

Ernst, Richard Nobel Laureate;
Swiss Federal Institute of Technology, Zurich

Feldstein, Martin
Professor of Economics, Harvard University

Freeman, Richard
Professor of Economics, Harvard University

Guidotti, Pablo
Professor at the School of Government and Member of the Board of Directors, Universidad Torcuato Di Tella

Heckman, James Nobel Laureate;
Professor of Economics, University of Chicago

Krueger, Anne O.
Professor of International Economics, SAIS, Johns Hopkins University; Senior Fellow, Stanford Center for International Development

Lazear, Edward
Professor of Human Resources Management and Economics, Graduate School of Business, Stanford University

Lindbeck, Assar
Professor of International Economics, Stockholm University

McFadden,
Daniel L. Nobel Laureate; Professor of Economics, University of California, Berkeley

Naím, Moisés
Editor-in-Chief, Foreign Policy Magazine

Portes, Richard
Professor of Economics, London Business School

Rajan, Raghuram G.
Professor of Finance, University of Chicago

Rogoff, Kenneth
Professor of Economics, Harvard University

Simonsen Leal, Carlos Ivan
President, Getulio Vargas Foundation

Spence, Michael A.
Nobel Laureate; Chairman, Commission on Growth and Development

Victor, David G.
Adjunct Senior Fellow for Science and Technology, Council on Foreign Relations, Stanford

Yu, Yongding Director,
Institute for World Economics and Politics, Beijing

Politics:

Honorary Chairperson
Schmidt, Helmut Former Chancellor, Federal Republic of Germany

Members:

Ahluwalia, Montek Singh
Deputy Chairman, Planning Commission, India

Almunia, Joaquin
European Commissioner for Economic and Monetary Affairs, European Commission

Al Qasimi, Sheikha Lubna
Minister of Foreign Trade, UAE

Arthur, Sir Michael A
mbassador to Germany, Embassy of Great Britain

Ba ç , Erdem
Governor, Central Bank of the Republic of Turkey

Borg, Anders
Minister of Finance, Sweden

Cabral, Antonio José
Senior Advisor to the President, European Commission

Liikanen, Erkki Governor,
Central Bank of Finland

im ek, Mehmet
Minister of Finance, Turkey

Torry, Sir Peter
Former Ambassador to Germany, Embassy of the United Kingdom

Turhan, Ibrahim
Deputy Governor, Central Bank of the Republic of Turkey

Visco, Ignazio
Deputy Director General and Member of the Governing Board, Central Bank of Italy

Weber, Axel
President, Central Bank of Germany

Yamaguchi, Yukata
Former Deputy Governor, Central Bank of Japan

International and Non-Governmental Organizations:

Cotis, Jean-Philippe
Lead Director General, National Institute for Statistics and Economic Studies

De Geus, Aart
Deputy Secretary-General, OECD

El-Baradei, Mohamed
Former Director General, IAEA

Pachauri, Rajendra K. Nobel Laureate;
Chairman, Intergovernmental Panel on Climate Change;
Director General, The Energy and Resources Institute, New Delhi

Panitchpakdi, Supachai
Secretary-General, UNCTAD

Thielen, Gunter
Chairman and CEO, Bertelsmann Stiftung

Business:

Banerji, Shumeet CEO, Booz & Company

Bürkner, Hans-Paul
President and CEO, The Boston Consulting Group

Cleary, Sean
Chairman, Strategic Concepts (Pty) Ltd

Evans, Richard
CEO (retd.), Alcan Inc and Rio Tinto Alcan

Feldmann, John
Member of the Board of Executive Directors, BASF

Frenkel, Jacob A.
Chairman, Group of Thirty; Chairman, J.P.Morgan Chase International

Frost, David
Director General, British Chambers of Commerce

Haley, John J.
Chairman of the Board and CEO, Towers Watson

Hatzius, Jan
Chief Economist, Goldman Sachs

Mittal, Sunil Bharti
Chairman and Group CEO, Bharti Enterprises

Obermann, René
CEO, Deutsche Telekom

Regling, Klaus
CEO, European Financial Stabilization Fund

Schwartz, Rodney
CEO, ClearlySo

Walter, Norbert
Managing Director, Walter & Daughters Consulting

Zemlin, Jim
Executive Director, Linux Foundation

Lord John Browne [formerly of BP]
Managing Director and Managing Partner (Europe), Riverstone Holdings

Lord Browne was born in 1948, he holds degrees from Cambridge and Stanford Universities.
He joined BP in 1966 and in 1984 he became Group Treasurer.
In 1989, he became Managing Director and Chief Executive Officer of BP Exploration based in London.
In September 1991, he joined the Board of The British Petroleum Company p.l.c. as a Managing Director.
He was appointed Group Chief Executive on June 10, 1995.
Following the merger of BP and Amoco, he became Group Chief Executive of the combined group on December 31, 1998 until 1 May 2007.
He is the current President of the Royal Academy of Engineering, a Fellow of the Royal Society and a foreign member of the US Academy of Arts and Sciences.
He was appointed a Trustee of the Tate Gallery on 1 August 2007 and Chairman of the Trustees on 26 January 2009.
He was the Chairman of the Independent Review of Higher Education Funding and Student Finance, which published its report in October 2010.
He was appointed the UK Government’s Lead Non-Executive Board member in June 2010. He is Chairman of a variety of advisory boards.
He serves on the Boards of Directors of CODA Holdings and Cuadrilla.
He was Chairman of the Advisory Board of Apax Partners LLC from 2006 - 2007.
He was a non-executive director of Goldman Sachs from 1999 to 2007, a non-executive director of Intel Corporation from 1997 – 2006, a Trustee of The British Museum from 1995-2005, a member of the Supervisory Board of DaimlerChrysler AG from 1998 – 2001 and a non-executive director of SmithKline Beecham from 1996-1999.
He was voted Most Admired CEO by Management Today from 1999 – 2002. He has been awarded 18 honorary degrees.
He was knighted in 1998 and made a life peer in 2001. His memoirs, “Beyond Business” were published in February 2010.

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