In the footsteps of Galbraith and Keynes

How the current decision makers need to bring crisis management into practice

The 2009 theme of the PensionSummit is devoted to active and creative policy and risk management solutions for pension funds amidst the biggest crisis since World War Two.

• The programme is based on three key building blocks of crisis management:
• Macro-economy and the extent of economic uncertainty as a basis for considering and developing actions.
• Policy and investment actions that pension funds have taken and may consider taking in the future.
  

Considerations for future structural changes, notably in relation to pension design.

The panel discussion that follows the presentations deals with the subject of ‘Crisis and the implementation of old and new ideas’.

Keynes’ motto “The difficulty lies not so much in developing new ideas as in escaping from old ones” will serve as the basis for this discussion, i.e. the question of what ideas – existing and new ones – must be vigorously pursued and implemented, now that rapid action is more imperative than ever.