Press release from Business Wire India
Source: Bahrain Economic Development Board (EDB)
Friday, May 07, 2010 10:30 AM IST (05:00 AM GMT)
Editors: General: Economy, People, Politics; Business: Banking & financial services, Business services, Media & entertainment
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IISS Announces Speakers for Inaugural Bahrain Global Forum
Montek Singh Ahluwalia, Deputy Chairman of the Indian Planning Commission will be the keynote speaker at the IISS Bahrain Global Forum
Mumbai, Maharashtra, India, Friday, May 07, 2010 -- (Business Wire India) -- The IISS Bahrain Global Forum , a new annual event, will bring together government ministers and officials, business leaders and economists from advanced and emerging countries to discuss the changing balance of global economic power and the international impact of this shift as the world looks to return to growth. Organized and hosted by the International Institute for Strategic Studies (IISS), the Bahrain Global Forum will take place from 14 to 16 May 2010 at the Ritz-Carlton, Hotel and Spa, in Manama, Bahrain.
Rising markets will in time share greater responsibility for the economic order as it further develops and will need to be creative in helping to conceive and shape the way forward. The IISS Bahrain Global Forum will provide a platform for these emerging market views to engage with the ideas of already established economic powers.
The Keynote Address at the IISS Bahrain Global Forum will be delivered by Montek Singh Ahluwalia, Deputy Chairman of the Indian Planning Commission. Jordanian Prime Minister Samir Rifai will address the topic of 'Attracting Investment After the Financial Crisis'. Other key speakers include:
. Pascal Lamy, Director-General of the World Trade Organization (WTO), on 'The G20 Process and Others: Ensuring Strong Global Economic Governance';
. Carl Bildt, Foreign Minister of Sweden, on 'Investing for Peace: Stability in Post-Conflict Economies';
. and, Abdullah Bin Hamad Al Attiyah, Deputy Prime Minister and Minister of Energy and Industry of Qatar, on 'Harnessing Energy Resources for Economic Prosperity and Security'.
Stephen Fidler, Brussels Editor of the Wall Street Journal and IISS Consulting Senior Fellow, illustrates one of many issues to be discussed during the conference: 'Greece's debt problems show the global financial crisis is not over, but is entering a new phase. Governments in the west responded to the financial crisis by letting their budget deficits expand rapidly. Now the consequences are being felt as worries grow that government debt burdens are growing unsustainably. Financial markets are signalling that Greece will not be the last country to face severe financial austerity to stave off debt problems.'
Shaikh Mohammed bin Essa Al Khalifa, Chief Executive of the Bahrain Economic Development Board (EDB), welcomes the event saying: 'The global financial crisis has accelerated the shift in economic influence from west to east. One outcome of this shift will be a greater role for developing countries in the management of the world economic system; no longer will they be just beneficiaries of economic growth. The IISS Bahrain Global Forum provides an ideal platform for business leaders and policy makers from across the world to discuss the global economic shift and how this can be managed for the benefit of all. Bahrain, which sits at the strategic heart of the Gulf, a crossroads between east and west as well a region of growing economic influence, is an appropriate venue for such a forum and look forward to the debate with interest.'
The IISS Bahrain Global Forum was brought to the Kingdom on the initiative of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince of Bahrain, following the success of the IISS Regional Security Summit: The Manama Dialogue, an annual event to be next held 3-5 December 2010.
Advance media registration is now open and will close on 12 May 2010. To request accreditation or to receive more information on the Bahrain Global Forum, kindly email bgf-press@iiss.org
For more details on the IISS Geo-Economic Strategy Summit: The Bahrain Global Forum: visit http://www.iiss.org/bgf/.
Notes to Editors
International Institute for Strategic Studies (IISS)
The IISS is the world's leading authority on political-military conflict and has offices in London, Singapore, Bahrain and Washington. It is the primary source of accurate, objective information on international strategic issues. Publications include The Military Balance, an annual reference work on each nation's defence capabilities; Strategic Survey, The Annual Review of World Affairs; Survival: Global Politics and Strategy, a bi-monthly journal on international affairs; and the Adelphi book series.
Publishable quotes on the BGF:
Robert Zoellick, President, World Bank Group: 'I hope that the IISS can help us strengthen the exchange among security specialists, students of governance, development practitioners and political leaders'.
HRH Prince Dr Faisal Bin Faisal Bin Salaman Bin Abdulaziz Al Saud, head of the Board of Directors and Chief Executive, Saudi Research and Marketing Group; and Member, IISS Council: 'The IISS is the world's best think tank on international politics and security trends and is helping bring emerging regions into the mainstream of the debate'.
Lord Levene, Chairman, Lloyd's: 'When Lloyds wanted to help businesses better understand and prepare for the impact of changing terrorism risk, we turned to the IISS for the authoritative facts, update analysis and expert guidance'.
Dr Sanjaya Baru, Editor, Business Standard; former Spokesperson and Media Adviser to the Prime Minister of India; and IISS Consulting Senior Fellow for Geo-Economics and Strategy - finds the IISS Bahrain Global Forum to be exceptionally well positioned '.to take stock of the impact of the Great Recession and the world economy'.
Nigel Inkster CMG, IISS Director of Transnational Threats and Political Risk: 'Shifts in the global distribution of power are likely relatively quickly to translate into shifts in political and military power'.
CONTACT DETAILS
Shweta Poojari, Good Relations India, +91 9819830369, Poojari@gri.co.in
KEYWORDS
ECONOMY, PEOPLE, POLITICS, BANKING, BUSINESS SERVICES, MEDIA
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