‘Strategies to overcome the Global Economic Crisis'

Horasis held the inaugural Horasis Annual Meeting in Zurich, 27 January, 2010. The Horasis Annual Meeting aims to be the foremost annual gathering of business leaders from emerging and developed markets. The meeting's purpose is to advance solutions to the most critical challenges facing corporations today.

Participants jointly identify globally relevant business issues and develop sophisticated and interdisciplinary solutions. The event is open to CEOs of the world's leading companies. The global economic crisis threatens economic stability and social welfare for all emerging and developed markets. At a time of considerable uncertainty, the purpose of the 2010 Annual Meeting was to conceptualize strategies to overcome the crisis.

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The co-chairs, rapporteurs and participants made the following proposals at the closing plenary: First, governments should keep carrying out anti-crisis measures for at least another six months, while connecting them more closely to structural reforms. The economic crisis has magnified the importance of public private partnerships- partnerships between the private and public sectors shall be promoted to translate fiscal stimulus into real economic growth. Second, protectionism remains a threat to recovery and future growth. A successful conclusion of the Doha round of multilateral trade negotiations would restrain protectionism and help create greater security of market access. The role of international organizations like the G20 should be strengthened. And third, economic recovery should not replace other concerns, such as climate change. Even though the Copenhagen conference on climate change in December 2009 has been perceived as failure by most observers, we should not give up to protect the environment. Economics and climate change are not opposites, they need one another.

The co-chairs were:

	Esko Aho, Former Prime Minister of Finland; Executive Vice President, Nokia, Finland
	Claude Beglé, Chairman, Swiss Post, Switzerland
	Daniel J. Brutto, President, UPS International, USA
	Carlos Miguel Collazo, Chairman, Marsys Group, USA
	Chen Feng, Chairman, Hainan Airlines, China
	Alan Hassenfeld, Chairman of the Executive Committee, Hasbro, USA
	Yoshito Hori, Chairman, Globis Group, Japan
	Wolfgang Lehmacher, Chief Executive Officer, GeoPost Intercontinental, France
	Niraj Sharan, Chairman, Aura, India
	Bright Simons, President, mPedigree Network, Ghana

Rapporteurs:

	Kathryn Hauser, Executive Director, TransAtlantic Business Dialogue, USA
	Stephen Klimczuk, Associate Fellow, Saïd Business School, University of Oxford, United Kingdom
	Felipe Larrain, Professor of Economics, Catholic University of Chile, Chile
	Jean-Christoph von Pfetten, President, Royal Institute of East-WestStrategic Studies, United Kingdom
	S Roy, Chairman, Asean Affairs, Thailand

Horasis already hosts annual meetings with focus on China, India, Russia and the Arab world. Horasis - a global visions community committed to enact visions for a sustainable future - provides a unique platform for companies from emerging and developed markets to globalize their organizations.

Horasis is a global visions community committed to enact visions for a sustainable future. (http://www.horasis.org)