Tuesday, May 01, 2012 -
The fifth Astana Economic Forum (AEF) will draw scores of economists to the Kazakh capital Astana in late May to find solutions to the global crisis and present them to the world’s leading countries, the AEF said Monday.
“The main outcome of the forum will result in an open letter to G20 countries with recommendations for improvement and development of the world economy,” the AEF said in a statement.
It added that the proposals will be directed at the organizing committees of the G8, G20, International Monetary Fund (IMF), World Bank, United Nations, and the Organization for Economic Cooperation and Development (OECD).
The fifth forum will be devoted to the challenges facing the world’s nations during the global economic uncertainties.
Kazakh President Nursultan Nazarbayev will host the May 22-24 event, which is expected to attract leading economists from around 80 countries.
A highlight of the forum is to be an interactive debate, themed "Dialogue of Leaders: The New Financial and Economic Policy," by leading figures in economy, business, politics, and mass media.
Nazarbayev has repeatedly called for an overhaul of the global economy, pointing to the 2008-09 financial crash as evidence that the system needed rethinking.
Top level participants are to include the premiers of Qatar, Turkey, and Georgia and a former president of Germany. Another 25 active and former ministers will attend, along with 40 leaders of international organizations and businesses and 12 Nobel laureates, according to the AEF statement.