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Press Releases 2014

GES 2014:
Developing economic and societal progress in sync

September 06, 2014

Opening Ceremony - Dennis Snower

What new ways are available to avoid growing imbalances in societies? And how can financial systems be stabilised on an international scale? Since Saturday, 700 experts from all over the world are developing proposals in order to resolve questions of this kind at the Global Economic Symposium (GES) in Kuala Lumpur, Malaysia. Participants include Nobel laureate in Economics Joseph Stiglitz, EU Commissioner Lazlo Andor, Victor Chu, Chairman and CEO of the First Eastern Investment Group, and Prince Turki AlFaisal, Chairman des King Faisal Centre for Research and Islamic Studies in Saudi Arabia.

Read more about this press release and the opening of the GES2014


REDISA - transforming South African societies
through skills and small business development

September 06, 2014


Johannesburg, South Africa: Representatives from the world of business, politics, science and society have congregated in Kuala Lumpur today to attend the 7th Annual Global Economic Symposium (GES). The two-day conference will host 600 prominent industry representatives from across the globe with the aim to be discuss and develop solutions to current global economic challenges.

The Recycling and Economic Development Initiative of South Africa (REDISA) is a firm supporter of GES and will be among this year’s participants. REDISA CEO Hermann Erdmann will be part of a panel which will be discussing Extended Producer Responsibility (EPR) and the need for a paradigm shift in creating value from waste. According to Erdmann, “It is time for a fundamental shift in how nations address waste. If waste is recovered and recycled back into new raw materials, creating value in place of the costs associated with waste, the State is gaining on both fronts”.

Read more about this press release and REDISA at the GES 2014


GES: Restructuring Economies, Transforming Societies

September 04, 2014

“Restructuring Economies, Transforming Societies” is the topic of the Global Economic Symposium 2014 to be held in Kuala Lumpur, Malaysia, from 6 to 8 September. About 600 decision - makers from political and business circles, the scientific community and society are expected to attend the GES 2014.“

Over the past half century, developing and developed countries have been on a course that is unsustainable in terms of the environment, natural resources, intergenerational transfers and more, inequitable in terms of the distribution of income and wealth and in adequate in terms of governance,” said Prof. Dennis J. Snower, President of the Institute for the World Economy (IfW). The GES 2014 is intended to make a contribution to finding proposed solutions for problems of this kind.“ Setting these problems right re quires a complementary restructuring of economies in order to promote fair and sustainable growth as well as transformation of societies proceeding along diverse paths but adhering to some basic common norms and values, ” said Snower.

Read more about this press release and the GES 2014