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Economic Symposium

The Real Economy and Finance: A Conflicted Relationship?


The relationship between the real economy and finance has noticeably changed in the last decades. Finance seems to have become an end in itself, reducing its ties to the real economy to a minimum. At the same time, the two areas are still strongly linked to one another, as reflected by the dynamics of the financial and economic crisis. Against this backdrop, the Alpbach Economic Symposium will deal with the interrelation of and the mutual influences exercised by the real economy and finance on one another. We will ask in which ways finance could be adapted to best meet the requirements of the real sector of the economy. Moreover, we will discuss the role of central banks in managing the crisis as well as questions relating to growth: What kind of growth does Europe need in view of current austerity measures, and how can we support important innovations? Our high-ranking speakers and participants will have the opportunity to discuss these and many other questions in plenary sessions and interactive breakout sessions.

Economic Symposium

show timetable


14:00 - 14:20OpeningPlenary
14:20 - 15:30Finance and the Real Economy: Together or Apart?Plenary
15:30 - 15:50Political CornerPlenary
16:50 - 18:30Making Finance Meet the Real Economy's RequirementsPlenary
20:30 - 21:30Miha Pogacnik: What Businesses can Learn from MusicPlenary
21:30 - 22:30Smart Blue Hour hosted by IBMSocial


08:00 - 08:45Sustainable Entrepreneurship - Book Presentation on the Business Model of the FuturePartner
08:00 - 08:45management club Business Breakfast "Integrationsfall Europa"Partner
09:00 - 10:10The Future of Corporate FundingPlenary
10:10 - 10:30Political CornerPlenary
11:00 - 13:30Working Group 01: The Real Economy and Finance in the "Network of Responsibility"Breakout
11:00 - 13:30Working Group 02: Business, Society and Politics: Assigning Responsibility for ResultsBreakout
11:00 - 13:30Working Group 03: What Happens to Our Values if Computers Learn how to Think?Breakout
11:00 - 13:30Working Group 04: Touch the Future - Security and Identity in a Digital WorldBreakout
11:00 - 13:30Working Group 05: Living with Risk and SpeculationBreakout
11:00 - 13:30Working Group 06: The Pension System as a Ponzi Scheme?Breakout
11:00 - 13:30Working Group 07: Workforce Diversity: Living with and Managing Demographic ChangeBreakout
11:00 - 13:30Working Group 08: Implementing the New World of Work, a Progress ReportBreakout
11:00 - 13:30Working Group 09: Design Thinking as a Tool for InnovationBreakout
11:00 - 13:30Working Group 10: New Energies for Europe - Between Cooperation and CompetitionBreakout
13:30 - 14:30Lunch ReceptionSocial
14:30 - 17:00Working Group 11: Connected Learning, Connected SchoolsBreakout
14:30 - 17:00Working Group 12: Financial Literacy, Decision-Making in Complex SituationsBreakout
14:30 - 17:00Working Group 13: Our Life After the Digital RevolutionBreakout
14:30 - 17:00Working Group 14: Prosperity for All? Austria's Top Managers in Dialogue with Ludwig ErhardBreakout
14:30 - 17:00Working Group 15: Rethinking Capitalism: The Future of Our Economic ModelBreakout
14:30 - 17:00Working Group 16: Alternative Sustainable Economic ConceptsBreakout
14:30 - 17:00Working Group 17: From Goodwill to Financial Company ValueBreakout
14:30 - 17:00Working Group 18: Back to the Real Economy - Towards a New Industrial Policy for EuropeBreakout
14:30 - 17:00Working Group 19: Industrial Production in the City of the FutureBreakout
14:30 - 17:00Working Group 20: Rating Agencies Between Governments and BusinessesBreakout
18:00 - 19:30Peter Drucker Special Lecture: Leadership and Values in a Complex WorldPlenary
21:30 - 23:30get2gether hosted by T-MobileSocial


08:30 - 09:00"Kater" BreakfastPartner
09:15 - 10:15The New Role of Central Banks in Crisis-ManagementPlenary
10:45 - 12:20New Growth in Europe?Plenary
12:20 - 12:30ClosingPlenary
16:45 - 20:00Generali 3 Banken Business Dialogue "Experiences and Values"Partner