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Global Conference 2012 | Global Capital Access: Who Will Finance the Future?
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Panel Detail:

Monday, April 30, 2012
2:30 PM - 3:45 PM

Global Capital Access: Who Will Finance the Future?

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Just 10 percent of the world's population lives in the U.S. and Western Europe, but these areas account for 60 percent of private consumption spending. South Asia and sub-Saharan Africa, with one-third of the people on the planet, drive only 3.2 percent of consumption spending. As many as 2.8 billion people struggle to survive on less than $2 a day. Much of the developing world lacks access to banking services and credit, effectively cutting them off from the flow of global commerce. Changing this equation is not just a matter of altruism: It's an unprecedented opportunity, since developing countries also have the greatest potential to expand the ranks of consumers. This panel will examine the impact we could achieve by promoting greater global access to capital to open up new markets, add new customers, create jobs and improve standards of living.

Speakers:

Pierre Beaudoin, President and CEO, Bombardier Inc.

Dino Patti Djalal, Indonesian Ambassador to the United States

Raymond McGuire, Global Head, Corporate & Investment Banking, Citi

Seth Merrin, Founder and CEO, Liquidnet

Moderator:

Michael Milken, Chairman, Milken Institute


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