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Economic challenges of globalisation

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XX ECONOMIC FORUM

Waldemar Pawlak, Deputy Prime Minister & Minister of Econom , Poland; Jan Jankowski, TVP Television Informa- tion Agenc , Poland; Selim Basak, Managing Directo , Head of Central European Sales, Goldman Sachs Internatio- nal,United

The current crisis has revealed the weaknesses of the nancial supervision system. One of the suggested mechanisms for securing against the next crisis is creating global nancial supervision institutions as such a mechanism would be ecient and necessary. Miroslav Singer, President of the Czech National Bank, emphasized that the operations of supervisory institutions depend on who creates such an in- stitution, where its employees come from, and what duties and scope of responsi- bilities they had before. Crisis does not free us from responsibility but is a test chec- king our competence and responsibility for our action. On the other hand, Vladimir Dvoracek, Director of the Financial Supervision Department at the National Bank of

Jacek Socha,Vice–President, PricewaterhouseCoopers, Poland Igor Chałupec, Executive Partne , ICENTIS Corporate Solutions, Poland

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