Europe needs all of us to build its future.

28 October and 29 October 2010
Venice, Island of San Clemente

Organisation for Economic Co-operation and Development,
Italian Ministry of Economy and Finance,

and organised by:
Cassa Depositi e Prestiti,

with the cooperation of
Fondazione Eni Enrico Mattei

Thursday 28 October 2010

8:30 - Registration and Welcome Coffee
9:00 - Welcome address
9:30 - The New Paradigms of Long-Term Development
Chair: Pier Carlo Padoan, Deputy Secretary-General and Chief Economist, Organisation for Economic Co-operation and Development (OECD)
The global shift in power
Gary Hart, Former US Senator and University of Colorado Denver
Capitalism and beyond
Prem Shankar Jha, Historian and Adviser of Indian Prime Minister
Fixing global imbalances
Gian Maria Milesi-Ferretti, International Monetary Fund
Globalization and long-term development
Saskia Sassen, Columbia University

11:00 – 11:30 Coffee break

Valuing a sustainable future under uncertainty
Christian Gollier, Toulouse School of Economics
Safe and fair: the daunting goals of the global energy system
Robert Socolow, Princeton University
On the determinants of investments in innovative search by the business firms
Giovanni Dosi, Scuola Superiore Sant’Anna di Pisa
Long-term investment and technological progress
Joseph Zeira, Hebrew University and LUISS Guido Carli
The socio-economic dynamics of long-term investments
Ruslan Grinberg, Russian Academy of Sciences - TBC

13:00 - Lunch

14:45 - Fixing EU Regulatory Infrastructures
Chair: Philippe Herzog, President, Confrontations Europe
Built to last: the role of political architectures
Gunther Teubner, International University College of Turin
Taxation, incentives, and the new public finance
Gary Clyde Hufbauer, Peterson Institute
Financial Surveillance and Systemic Risk: new regulatory infrastructures on the two sides of the Atlantic
Rainer Masera, University G. Marconi, Rome and Member of the de Larosière Group
Rethinking Industrial Policies
Philippe Aghion, Harvard University (videoconference)

16:30 – 17:00 Coffee break

17:00 - State, Markets and Long-Term Investment
Chair: Alberto Giovannini, Unifortune Sgr
The swinging boundaries between state and markets: a historical perspective
Jeffry Frieden, Harvard University
Short-term bias in financial markets
Zvi Bodie, Boston University
Sovereign wealth funds and long term development
Bernardo Bortolotti, University of Turin and FEEM
Why markets need governments
Guido Calabresi, Yale University

20:30 - Dinner Speech
Vincenzo La Via, Chief Financial Officer, The World Bank – TBC

21:00 - Dinner

Friday 29 October 2010 morning

9:00 - Introduction: Roberto Poli, Chairman, ENI
The View of EU Institutional Long-Term Investors
Chair: Giovanni Gorno Tempini, CEO, Cassa Depositi e Prestiti (CDP)
Franco Bassanini, President, Cassa Depositi e Prestiti (CDP)
Augustin de Romanet, President of the Club of Long Term Investors and CEO, Caisse des Dépôts et Consignations (CDC)
Ulrich Schroeder, CEO, Kreditanstalt für Wiederaufbau (KfW)

10:00 Summary of the Sessions
Chair: Vittorio Grilli, Director General, Ministry of Economy and Finance, Italy - TBC
Pier Carlo Padoan, Deputy Secretary-General and Chief Economist, Organisation for Economic Co-operation and Development (OECD)
Philippe Herzog, President, Confrontations Europe
Alberto Giovannini, Unifortune Sgr

11:30 Concluding Roundtable (invited speakers)
Fabrizio Saccomanni, Bank of Italy, Director General
Philippe Maystadt, President European Investment Bank (EIB)
Pavel Medvedev, Chairman, Duma Subcommittee on Banking Legislation
Jan Vincent-Rostowski, Minister of Finance, Poland
Didier Reynders, Minister of Finance, Belgium
Giulio Tremonti, Minister of Economy and Finance, Italy

13:00 Lunch