Baltic States – CIS, Direct Speech, EU – Baltic States, Financial Services, Forum, Technology

In modern conditions adoption of a long-term UN World Anti-Crisis Plan (WAP) is historically necessary. Nowadays, the world expert community actively discusses the Concept of the WAP, displayed at G-Global information communication platform, virtually and in the frameworks of international conferences and outreach events held by the Eurasian Economic Club of Scientists Association (EECSA) and the Renovating Bretton Woods Committee worldwide.  The Draft Concept of the World Anti-Crisis Plan (CWAP) is based on the outcomes of I World Anti-Crisis Conference (WAC) held in May 2013 in Astana under the support of the UN General Assembly and the Russian Federation as Chairman of G20. This is a result of consolidated governments’ efforts, central banks, and international development institutions, world scientists and experts, and representatives of global civic community whose aggregate opinion formed the basis of a plan for the UNO. Set of proposed systemic measures to improve the system of the world economy are scientifically proven approaches in resolving current problems and ways in preventing future recessions. They are directed on the provision of long term balanced economic growth with creation of global and effective coordinated policy and new world financial architecture.

Judging by the positive UN experts and other international development institutions feedback, the CWAP on the whole is qualitatively developed and its provisions meet the vitally important needs of all states in the world. For instance, R. Bendini, Expert,  International trade Department of the Directorate General of the European Parliament’s foreign policy has positively praised a discussion on social issues mentioned in the CWAP. Besides, he has evaluated quality of proposals in improving global governance noting that this part needs additional provisions related to G20 because this group, clearly, has lost momentum to create effective system of global governance.

It is worth mentioning that today there is only the Draft Concept of the World Anti-Crisis Plan of a long-term UN World Anti-Crisis Plan (WAP) which will have to undergo a few stages of additions and corrections before it is finally outlined. But the question is how actively leading international organisations take part in this process, each one of which is founded to provide real progress in its field. World population is entitled to demand from organisations as the UN, the IMF, the World Bank, the ILO, the WHO and other global organisations financed by ordinary tax-payers of our planet to perform its direct functions and not to be limited by organizational formal procedures.

In the conditions of systemic crisis of the world economy Kazakhstan, by the President of the Republic of Kazakhstan Nursultan Nazarbayev’s initiative, has made a major part in global historical mission to team world scientists and practitioners’ efforts within the Eurasian Economic Club of Scientists Association (EECSA), who have developed anti-crisis discussions in the format of Astana Economic Forum at a global level- World Anti-Crisis Conference and G-Global. Now hands can help the head. In other words, to tune up the world business and financial institutions, who value stability, with the realization of the Draft Concept of the World Anti-Crisis Plan. In this question nobody should remain on the sidelines because crisis threats to undo not only plans but also significantly disrupt the activities of global markets subjects.

Emphasing the importance of upcoming VII Astana Economic Forum (AEF), Triyono Wibowo, the President of the Trade and Development Board (TDB), UN Conference on Trade and Development (UNCTAD) has noted that this year in Astana we are given an opportunity to discuss what has happened throughout these years and what other global challenges the world will still face. Therefore, it will be an event of great historical importance.

Global cooperation vectors

Starting from July 1^st 2013 G-Global information communication platform within the frameworks of Virtual project “VII Astana Economic Forum and II World Anti-Crisis Conference” hosts preliminary discussions, talks and videoconferences online aimed at reviewing key questions of VII AEF and WAC sessions as well as the Draft Concept of World Anti-Crisis Plan.  With the launch of the Virtual project “VII Astana Economic Forum and II World Anti-Crisis Conference” at G-Global platform around 14 000 reports and research works, 45 400 expert observations and comments  have been accumulated, as well as 329 video conferences held with active involvement of leading experts and scientists. In order to effectively develop the Draft Concept of World Anti-Crisis Plan, representatives of the EECSA jointly with the Renovating Bretton Woods Committee have held 34 WAC outreach events in a number of countries worldwide. In particular, the events took place in the USA with the participation of Congressmen and the Senate Deputies in many countries of Europe, Latin America, Australia, China, Hong Kong, Indonesia, and Russia and in many other regions of the world. In coming days 5 similar outreach events are scheduled.

In the light of modern socio-economic, financial and other problems of the globalized world «G-Global» mega project of the President of the Republic of Kazakhstan N. Nazarbayev and anti-crisis theme of the Astana Economic Forum find positive response in almost all parts of the globe. In the implementation of agreed anti-crisis measures all States are interested in today including the G-20 group, for which questions of the provision of economy growth, employment and quality of life are no less problematic and relevant than for any other country in the world.

In September 2013 at the Summit in St. Petersburg the G-20 leaders laid foundation for the development of comprehensive strategies for economic growth, employment and other purposeful indicators, consideration of which should take place at the G-20 Summit in Brisbane in 2014.  It should be noted that Australia, as a country chairing G-20 this year, has distinguished questions of productive employment, labor productivity growth, competitiveness and investments among its key priorities. That is, it is a list of thematic directions that world scientists and practitioners have been actively discussing for the last six years at the Astana Economic Forum, and as part of WAC since last year. Because thematic vectors of AEF and WAC intercross with current priorities of the Big Twenty, then it is impossible to misuse these points of convergence productively in making more informed decisions and agreed to follow the practice, and by the Draft Concept of WAP implementation in particular.

The perspectives of this cooperation were discussed by the EECSA at the Conference of the Club of Madrid in Brisbane in the beginning of current year, which comprises around 200 former country Heads and governments. Representatives of G-20 group, the World Bank, the ILO, including former US President Bill Clinton, former Secretary General Kofi Annan, Christian Figueres, managing director of the UN Framework Convention on Climate Change and other key figures of global policy and economy have participated in the Conference.

The Conference was devoted to major problems of the modernity- employment and stable economic growth. As disturbing factors of global economic destructiveness the participants have noted a rising tide of socio and social disharmony exacerbated by the lack of jobs, increased migration and other problems typical for the period of deep economic recession. In some regions of the world the slowdown of economy did not only lead to a high level of unemployment but in essence to the crisis of social model of the society. This has forced the governments of many countries to take measures that are fundamentally contrary to their immutable principles. Addressing these systemic questions of the present requires, first of all, acknowledgement of drastic measures to eliminate systemic causes of the financial and economic upheavals which has also been noted by the EESCA delegation.

At the events in Brisbane EECSA representatives have demonstrated to the Club of Madrid participants principles of new world order G-Global put forward as an alternative of XXI century by the President of the Republic of Kazakhstan N. Nazarbayev. At the same time, it was agreed to expand and deepen collaboration between the Club of Madrid and EESCA. Notably, the Club of Madrid has not only confirmed its participation in VII AEF and WAC but it has also initiated to organize an event within the Forum framework attracting very influential members of this international political club.

Earlier this month in Lausanne, Switzerland the FT Commodities Global Summit –2014 conference held a presentation of the President of the Republic of Kazakhstan N. Nazarbayev’s book “G-Global: the world of the XXI century” which reveals the essence of the Kazakhstan’s G-Global initiative based on five principles: evolution and rejection from revolutionary changes in politics, justice, equality, consensus, global tolerance and trust, transparency and constructive multi-polarity. EECSA and official delegation has participated in this event where they have actively presented and promoted VII AEF, WAC and the Draft Concept of WACP. As it is known, VI AEF in May 2013, chaired by the Russian Federation in G-20, hosted an outreach event with the participation of a group of developing and developed nations. Today this practice is continuing under the Australian chairmanship in Big Twenty aided by a growing understanding in the world of global initiatives of the President of the Republic of Kazakhstan N. Nazarbayev and dialectic G-Global multipolar world.

Dialogue in Washington, D.C and at Wall Street

This year, among oversea events of the EESCA in connection to the presentation of the Draft Concept of WACP, VII AEF and II WAC has been an outreach-event held in Washington, D.C. themed as “The revival of growth and building resilience to the global economy” under the auspices of the Australian chairmanship in the G-20 group (as part of preparation to VII AEF and II WAC).  It was devoted to the issues of stabilization and balanced economic growth, provision of long term financing and IMF role in interconnected and interdependent world financial system.

During the Draft Concept of WACP presentation, Mark Uzan, EECSA Vice-president, the Executive Director of the Renovating Bretton Woods Committee has presented to the participants of the meeting main points of the Document. At the same time a growing importance of Astana Economic Forum as a global format reflecting consolidated opinion of scientific and business communities for a number of systemic problems of world economy and finance was emphasized. The presentation has had a broad response and support from the guests of the event.

With equal interest to the anti-crisis discussions of Astana and the Draft Concept of WACP the participants have treated an outreach event conducted in the main financial centre of the world – the New York Wall Street. Representatives of the world financial markets and investment companies have attentively listened to meaningful information about the activities of global scientists and practitioners headed by a group of Nobel laureates at the AEF dialogue platform.  They have also learnt about the G-Global initiatives and projects, and discussed an agenda of upcoming VII AEF and II WAC. In addition, the participants of the meeting have received a more concrete idea about the Kazakhstan development priorities outlined in Kazakhstan-2050 strategy; they have also discussed questions of attracting investments in the non-primary sectors of our economy. 

The presentation was attended by the chairman of high tech NASDAQ company, David Wilde, Managing Partner, CAPMEX, former president of the Vienne Stock Exchange Hannes Takacs, Director General of the Frankfurt Stock Exchange Dr Rudiger von Rozen, and dozens of other experts of world financial markets and companies. All of them have highly praised Kazakhstan’s actions in seeking for ways out of global crisis, including creation of healthy investment climate in the country.

As honorary vice-president of New York Stock Exchange Donald Calvin has noted, “Astana Economic Forum will certainly be of an interest to international stock exchanges. Kazakhstan possesses a large investment potential, including a perspective of attracting investments through Kazakhstan Stock Exchange. It is advisable to KASE to continue in expanding and enhancing trade with Kazakhstani companies. We, as international stock exchange representatives, are ready to offer them support in this question”.

Reminding that in December last year G-Global initiative and EESCA projects were highly praised by the Washington D.C. Conference devoted to Kazakhstan-American partnership with the participation of 30 Senate deputies and Congressmen. In April this year G-Global mega project was presented to the participants of one of the key sessions of annual Turk-American Convention in Washington, D.C. The Forum consisted of four sessions oriented at New Silk Way, Eurasian Energy Summit, Energy Security of the Transatlantic Trade and Investment Partnership (TTIP) and also, Strategic collaboration of the USA in Central Asia. Annual Turk-American Convention focuses on strengthening of political, economic and social connections between Turkic countries and the USA. This year a number of participants was more than 200 people.  Thus, Kazakhstan participation is crucially important in the face of EECSA representatives in the current format of dialogue and mega project G-Global presentation, VII AEF and II WAC.

On April 14^th and 15^th this year the UN headquarters, New York hosted high level special meeting of the UN Economic and Social Council (ECOSOC). A number of ministers of the UN member-states, representatives of international organisations have participated where EESCA representatives have presented mega project G-Global, VII AEF, II WAC and the Draft Concept of WACP. Notably, the EESCA has received ECOSOC Councilor-observer status which gives the organisation an opportunity to be a full member of all processes in discussing the world financial economic issues. The EESCA representatives have talked to the participants about conceptual principles of the G-Global, as well as on the work of AEF, WAC, Congress of leaders of world and traditional religions and other interactive formats of Astana which caused a genuinely high interest among heads of government agencies of the UN member-states, representatives of international organisations and NGOs. They were informed about the first outcomes of the Virtual project “VII Astana Economic Forum and II World Anti-Crisis Conference” released at the information communication platform G-Global, including outreach events that have resulted in the Draft of the Concept of WACP outlined by the world expert community. The Draft will be presented for discussion at I Plenary meeting of II WAC within the frameworks of 47^th annual meeting of the Board of Governors of the Asian Development Bank on May 2^nd this year. Its final acceptance will be at II WAC on May 21^st-23^rd 2014.

During all events held in the USA EESCA official delegation representatives have invited American colleagues and partners to participate in the works of VII AEF and II WAC. Big interest from the American business representatives, politics and finance to the AEF anti-crisis imperative can be explained not only by their will to monitor the world economy development, but also in striving to develop business relations between two countries. In this regard, US former congressman Kurt Weldon’s call to the American entrepreneurs can be considered as one of the climax moments in Kazakhstan delegation’s mission to the US. In particular, at the New York meeting he noted, “If you are willing your business to grow in the XXI century, then you certainly have to visit Kazakhstan. I encourage you all to book your flight tickets to Astana and a hotel”.