MES 2012: Review from 3 May - 4 May 2012

11TH MUNICH ECONOMIC SUMMIT

Education and Training: The European Economy's Best Hope

3 May - 4 May 2012

They have slid out public awareness in the glare of the European debt crisis, but they still hold the key to securing Europe’s continued prosperity in times of global access to cheap labour.

Education and training, as the foundations underpinning innovation, must be improved and pursued even more intensively. Will Europe make the grade?

PROGRAMME

Thursday, 3 May 2012

by Invitation of the City of Munich, Atrium

Welcome Address

Dieter Reiter

Councillor, Head of the Labour and Economic Development Department, City of Munich

Welcome

Jürgen Chrobog

Chairman of the Board of Directors, BMW Stiftung Herbert Quandt, Berlin and Munich

Introduction

Hans-Werner Sinn

Professor of Economics and Public Finance, University of Munich; President, Ifo Institute, Munich

Peering over the Hedge: How Do the Neighbours Do It?

Looking ahead, the surest ticket to economic prosperity is education. But Europe’s educational landscape is quite uneven, with a wide range of approaches to everything from early-childhood education through openness to competition all the way to federal  or centralized strategies. Unfortunately, the quality of educational outcomes, and consequently their contribution to economic performance, is also quite uneven. What are the benchmarks? What is the secret of Finland’s sterling record? What are the advantages and disadvantages of the Anglo-American or Asian systems?

Opening Addresses

Daniels Pavluts

Minister for Economics, Republic of Latvia

Lord Andrew Adonis

Member of the House of Lords; Former Secretary of State for Transport, United Kingdom

Chairman

John Peet

Europe Editor, The Economist, London

Introduction

Ludger Woessmann

Professor of Economics, University of Munich; Head of the Human Capital and Innovation Department, Ifo Institute, Munich

Presentation of Findings

Marc-Michael H. Bergfeld

Professor of Global Entrepreneurship and Family Firms, Munich Business School; Academic Director MBA in General Management, Munich

Speakers

Marius Moeller

Member of the Executive Board, Head of Human Capital, PricewaterhouseCoopers AG Deutschland, Stuttgart; Member of PricewaterhouseCoopers‘ Global Human Leadership Team

Margret Suckale

Member of the Board of Executive Directors, Industrial Relations Director, BASF SE, Ludwigshafen

Brett Wigdortz

Chief Executive Officer and Founder, Teach First, London

Discussion

Presentation Speech

Ann-Kristin Achleitner

Chair in Entrepreneurial Finance, supported by KfW Bankengruppe, Center for Entrepreneurial and Financial Studies, University of Technology Munich; Member of the BMW Foundation Young Leaders Awards Jury

by Invitation of the Bavarian Minister-President

Welcome

Thomas Kreuzer

Head of the Bavarian State Chancellery and State Minister

Dinner Speach

Kurt Biedenkopf

Former Minister-President, Free State of Saxony; Chairman of the Board of Trustees, Hertie School of Governance, Berlin

PROGRAMME

Friday, 4 May 2012

Making the Grade: How Do European Higher-Education Systems Score Internationally?

Nearly everywhere a record proportion of students are getting a university education. Armed with a degree, they hope to be better equipped to compete in an increasingly globalised world, and to do their bit for boosting the economy. But demographic change in most of the developed world means that there are fewer students to start with, which leads to shortages of high-skilled professionals. This, in turn, hinders economic growth. On top of that, it appears that the division of labour is starting to be applied to brain work as well: you cannot outsource a gardener’s job to China, but a radiologist’s definitely. And continental Europe’s universities still score lower than Anglo-Saxon ones. So what is better for a country’s economy: mass universities or elite ones? Tuition fee or tuition-free? How can we attract academics from other parts of the world or lure back those who left for the US or the UK? What are the expectations of business and industry?

Chairman

Anatole Kaletsky

Economic Commentator, Reuters and International Herald Tribune, London; Chairman, Institute for New Economic Thinking (INET), New York

Introduction

Rick van der Ploeg

Professor of Economics, University of Oxford

Speakers

Jutta Allmendinger

President, Social Science Research Center (WZB), Berlin

Bernd Huber

President, University of Munich

Peter Dolton

Professor of Economics, University of Sussex

Bernd Brunke

Member of the Global Executive Committee, Roland Berger Strategy Consultants, Berlin

Margret Wintermantel

President, Deutscher Akademischer Austauschdienst – German Academic Exchange Service (DAAD), Bonn

Discussion

Coffee Break

Dual Education: Europe's Secret Recipe?

The German dual education system that combines studies at a vocational college and practical work in a company underpins the internationally recongnised success of entire industrial branches in Germany, Austria and Switzerland. Is this model exportable? Could it be the way to preserve Europe’s technological advantage in the face of cheaper international labour? Would this also solve the conundrum of how best to integrate immigrants and their descendants? What should companies do to develop the talents and skills of their employees? Given that adaptability to a changed labour landscape appears paramount, what is being done regarding lifelong learning?

Chairman

Knut Engelmann

Managing Editor, The Wall Street Journal Germany and Dow Jones Newswires Germany, Frankfurt

Introduction

Eric A. Hanushek

Professor of Economics, Hoover Institution of Stanford University

Speakers

Cornelia Quennet-Thielen

State Secretary, Federal Ministry of Education and Research, Federal Republic of Germany

Andrew McCoshan

Associate Fellow and Senior Researcher, Centre for Education and Industry, University of Warwick

Christian F. Lettmayr

Acting Director, European Centre for Development of Vocational Training, Brussels

Gerhard F. Braun

Vice-President, Confederation of German Employers Organisation (BDA), Berlin; Managing Partner, Karl Otto Braun GmbH & Co. KG, Wolfstein

Giampaolo Galli

Director General, Confindustria, Rome

Discussion

The available speeches of the Munich Economic Summit 2012 can be downloaded here. However, please keep in mind that the valid word is the spoken word.

Marc-Michael H. Bergfeld

pdf

Kurt Biedenkopf

pdf

Gerhard F. Braun

pdf

Bernd Brunke

pdf

Jürgen Chrobog

pdf

Peter Dolton

pdf

Giampaolo Galli

pdf

Eric A. Hanushek

pdf

Thomas Kreuzer

pdf

Andrew McCoshan

pdf

Daniels Pavluts

pdf

Cornelia Quennet-Thielen

pdf

Rick van der Ploeg

pdf

Ludger Woessmann

pdf

Achleitner, Ann-Kristin

Chair in Entrepreneurial Finance, supported by KfW Bankengruppe, Center for Entrepreneurial and Financial Studies, University of Technology Munich; Member of the BMW Foundation Young Leaders Awards Jury

Lord Adonis, Andrew

Member of the House of Lords; Former Secretary of State for Transport, United Kingdom

Allmendinger, Jutta

President, Social Science Research Center (WZB), Berlin

Aneva, Gergana

Assistant to Ivailo Kalfin, European Parliament, Brussels

Angermann, Franz

Head of Private Wealth Advisors & Financial Intermediaries, UBS Deutschland AG, Frankfurt

von Au, Günter

Chief Executive Officer and Member of the Board of Directors, Süd-Chemie AG, Munich

Augustin, Stephan

Industrial Designer; Project Manager, Innovation Projects at Project i, BMW Group, Munich

Baader, Uto

Chief Executive Officer, Baader Wertpapierhandelsbank AG, Unterschleißheim

Baecker, Ulf S.

Managing Partner, usbaecker, Hamburg; Global Spokesman, Business-cum-Academia Initiative (BcAI), Hamburg

Bartels, Robin

Managing Director, Deutsche Bank, Munich

Becker, Lisa

Economic Editorial Department, Frankfurter Allgemeine Zeitung, Frankfurt

Beier, Christoph

Member of the Management Board, Deutsche Gesellschaft für Internationale Zusammenarbeit, Eschborn

Berger, Roland

Honorary Chairman, Roland Berger Strategy Consultants, Munich

Bergfeld, Marc-Michael H.

Professor of Global Entrepreneurship and Family Firms, Munich Business School; Academic Director MBA in General Management, Munich

Biedenkopf, Kurt

Former Minister-President, Free State of Saxony; Chairman of the Board of Trustees, Hertie School of Governance, Berlin

Blume, Markus

Member of the Commission for Environment and Health, Bavarian State Parliament, Munich

Bohnen, Johannes

Founder and Partner, Bohnen Kallmorgen & Partner, Berlin; Founder and Member of the Executive Board, Atlantische Initiative e.V., Berlin

Borggreve, Hendrik

Member of the Supervisory Board and Senior Advisory Council, The Royal Bank of Scotland (Germany) AG, Frankfurt

Braun, Gerhard F.

Vice-President, Confederation of German Employers Organisations (BDA), Berlin; Managing Partner, Karl Otto Braun GmbH & Co. KG, Wolfstein

Braun, Harald

State Secretary, Foreign Office, Federal Republic of Germany

Breitsprecher, Andreas

Head of Corporate Communications and Public Affairs, Vattenfall Europe AG, Berlin

Brunke, Bernd

Member of the Global Executive Committee, Roland Berger Strategy Consultants, Berlin

Budrys, Dainius

Chairman, Committee on Economics, Seimas of the Republic of Lithuania

Caine, Conrad

Managing Director, CONRAD CAINE GmbH, Munich (Young Experts Group)

Calhoun-Senghor, Keith

Senior Counsel, Fulbright & Jaworski L.L.P., Munich

Carrillo Mora, Felipe

Director, Education Consulting Practice, Deloitte Luxembourg

Chapalapalli, Sapthagiri

Director Central Europe, Tata Consultancy Services Deutschland GmbH, Frankfurt

Chrobog, Jürgen

Chairman of the Board of Directors, BMW Stiftung Herbert Quandt, Berlin and Munich

Cigno, Alessandro

Professor of Economics, Faculty of Political Science, University of Florence

Cinnirella, Francesco

Economist, Human Capital and Innovation, Ifo Institute, Munich

Cockerill, Tony

Professor of Economics, Leverhulme Emeritus Fellow, University of Cambridge

Cockx, Bart

Professor of Economics, Faculty of Economics and Business Administration, Ghent University

Collado, Juan Carlos

Director General, Economic Research Centre, Fundación Tomillo, Madrid

Crosby, John

Political/Economic Officer, Consulate General of the United States, Munich

Dieter, Heribert

Senior Fellow, Global Issues Research Division, German Institute for International and Security Affairs (SWP), Berlin

Doerner, Ulf

Owner and Managing Director, Engineering Office for Environmental Technology - Consulting, Munich

Dohmen, Dieter

Director, Institute for Education and Socio-Economic Research, Berlin

Dolton, Peter John

Professor of Economics, University of Sussex

Dwenger, Nadja

Senior Research Fellow, Department of Public Economics, Max Planck Institute for Tax Law and Public Finance, Munich

Elbel, Michaela

Member of the Board, Verband deutscher Unternehmerinnen, Munich

Engelmann, Knut

Managing Editor, The Wall Street Journal Germany and Dow Jones Newswires Germany, Frankfurt

Erdmann, Vera

Economist, The Cologne Institute for Economic Research, Cologne (Young Experts Group)

Fabricius, Michael

Founder/Managing Director, Fabricius Vermögensverwaltung GmbH, Frankfurt

Falch, Torberg

Professor of Economics, Department of Economics , Norwegian University of Science and Technology, Trondheim

Falck, Oliver

Professor of Economics, Ifo Institute, Munich

Fargel, Yasmin

Professor of Human Resource Management and Organization, Georg Simon Ohm University of Applied Sciences, Nuremberg

Friedrich, Ingo

President, European Economic Senate, Munich; Former Vice President of the European Parliament, Brussels

Fromm, Viola

Managing Director, Fromm - Global Media Verlags GmbH, Cologne

Galli, Giampaolo

Director General, Confindustria, Rome

George, Alexander

Consultant, Munich

Gérard, Marcel

Professor of Economics and Taxation, Louvain School of Management and Institute for European Studies, Université Catholique de Louvain, Mons

Gottschalk, Christoph

Consultant, Russel Reynolds Associates, Hamburg

Greimel, Peter

Director of Studies, Department of Education and Culture, City of Munich

Grossmann, Volker

Professor of Economics, University of Fribourg

Haberkamm, Thomas

Head of Public Affairs and Corporate Responsibility, Linde AG, Berlin

Handschuch, Konrad

Head of Politics Section, Wirtschaftswoche, Düsseldorf

Hanushek, Eric A.

Professor of Economics, Hoover Institution of Stanford University

Hastenpflug, Wolfgang

Vice-President, Government Affairs, Siemens AG, Munich

Heise, Michael

Chief Economist, Allianz Group, Frankfurt

Helbig, Claus

Chairman of the Board of Directors, GLL Real Estate Partners GmbH, Munich

Hellström, Mats

Former Governor, County of Stockholm; Baltic Turntable, Stockholm

Heß, Dorit

Correspondent, Handelsblatt, Frankfurt

Hesse, Dominik

Managing Partner, Cannonball Capital GmbH, Munich

Hipp, Markus

Executive Director, BMW Stiftung Herbert Quandt, Berlin and Munich

Hof, Stefanie

Research Assistant, Swiss Coordination Centre for Research in Education, Aarau (Handelsblatt Fellow)

Höll, Rainer

Head of Fellow Development, Ashoka Germany, Munich

Horndasch, Sebastian

Author and independent Consultant for Education, Berlin (Young Experts Group)

Huber, Bernd

President, University of Munich

Hüfner, Martin

Chief Economist, HF Economics Ltd, Krailling

Irwin, Fred B.

President, American Chamber of Commerce in Germany e.V., Frankfurt; Vice Chairman, Citigroup Global Markets Deutschland AG & Co. KGaA, Frankfurt

Janas, Christian

Deputy Head Munich Office, UBS Deutschland AG, Munich

Janes, Jackson

Executive Director, American Institute for Contemporary Studies, The Johns Hopkins University, Washington, DC

Kaletsky, Anatole

Economic Commentator, Reuters and International Herald Tribune, London; Chairman, Institute for New Economic Thinking (INET), New York

Kaps, Carola

Freelance Economic Correspondent, Munich

Kaps, Franz H.

Senior Partnership Advisor (ret.), World Bank Europe and Central Asia Region, Munich

Kapusta, Alexandra

Director, Bethmann Bank AG, Munich

Klava, Ilgvars

Ambassador of the Republic of Latvia, Berlin

Klemm, Klaus

Professor Emeritus of Empirical Research in Education, University of Duisburg-Essen

Konrad, Kai A.

Director, Max Planck Institute for Intellectual Property, Competition and Tax Law, Munich; Research Professor at the Social Science Research Centre, Berlin

Korthals, Roxanne Amanda

PhD candidate, Maastricht University (Handelsblatt Fellow)

Krass, Volker

Chairman of the Board, Krass Capital Group, Gräfelfing

Kreuzer, Thomas

Head of the Bavarian State Chancellery and State Minister

Krumbach, Horst

Managing Director, Generationsbrücke Aachen, Aachen

Kuhnert, Felix C.

Partner, Automotive Leader Europe and Germany, PricewaterhouseCoopers AG Deutschland, Stuttgart

Leeb, Thomas

Head of Munich Office and International Relations, BMW Stiftung Herbert Quandt, Munich

Leiter, M. E. Josef

Director, Leiter & Cie. GmbH, Grünwald

Leiter, Stefanie

Partner, Leiter & Partner Unternehmensberater, Pöcking

Lettmayr, Christian F.

Acting Director, European Centre for Development of Vocational Training, Brussels

Leuchtenberger, Rolf

Senator, European Economic Forum (EWiF), Hamburg

Liebert, Sven

Student Senate, Zeppelin Universität, Friedrichshafen (Young Experts Group)

Litovsky, Alejandro

Founder and Director, Earth Security Initiative, London

Lynton, Nandani

Professor, China Europe International Business School (CEIBS), Shanghai

Maihöfer, Rolf D.

Head of Public Sector, Germany and Austria, Citigroup Global Markets Deutschland AG & Co. KGaA, Frankfurt

Martinsohn, Udo

Former Chairman of the Board of Management, Swiss Re Germany Holding AG, Unterföhring

McCoshan, Andrew

Associate Fellow und Senior Researcher, Centre for Education and Industry, University of Warwick

McNally, Sandra

Director of Education and Skills Programme, Centre for Economic Performance, London School of Economics and Political Science, London

Mettler, Henning

Head of Finance, Concordia Versicherungen, Hannover

Mizutani, Akira

Consul General, Consulate General of Japan, Munich

Möller, Marius

Member of the Executive Board, Head of Human Capital, PricewaterhouseCoopers AG Deutschland, Stuttgart; Member of PricewaterhouseCoopers’ Global Human Capital Leadership Team

Mosdorf, Siegmar

State Secretary (ret.); Partner, Communication and Network Consulting AG, Berlin

Müller, Kay

Chief Financial Officer, Allianz Real Estate, Munich

Negel, Michael

Chief Executive Officer, HPI AG, Munich

Northoff, Thomas

Partner Public Sector, Deloitte & Touche GmbH, Munich

Ohoven, Mario

President, The German Association for Small and Medium-sized Businesses, Berlin/Düsseldorf

Oshima, Yuya

Representative, Bank of Japan, Frankfurt

Pavļuts, Daniels

Minister for Economics, Republic of Latvia

Pechar, Hans

Professor of Higher Education Research, Faculty for Interdisciplinary Studies, Institute of Science Communication and Higher Education Research, University of Klagenfurt, Vienna

Peet, John

Europe Editor, The Economist, London

von Plettenberg, Mortimer

Co-Founder und Regional Managing Director, Teach First Deutschland gGmbH, Berlin & Wiesbaden

Pohlmann, Mark

Co-Head Investment Banking Department Germany & Austria, UBS Deutschland AG, Frankfurt

Pötke, Regina

Member of the Executive Board, Education, Roland Berger Stiftung, Munich

Potrafki, Birgit

Commercial Plant Manager, Bosch Rexroth AG, Homburg

Quennet-Thielen, Cornelia

State Secretary, Federal Ministry of Education and Research, Federal Republic of Germany

Rau, Stephan

Partner, Attorney, McDermott Will & Emery, Munich

Redinger, Craig T.

Partner in Charge, Fulbright & Jaworski L.L.P., Munich

Reiter, Dieter

Councillor, Head of the Labour and Economic Development Department, City of Munich

Richardson, John B.

Special Adviser on Maritime Affairs, FIPRA International, Brussels

Richter, Frank-Jürgen

Chairman, Horasis: The Global Visions Community, Zurich

Riemensperger, Frank

Country Managing Director for Germany, Accenture GmbH, Kronberg

Rubner, Jeanne

Chief Editor, Science and Educational Policy, Bayerischer Rundfunk, Munich

Ruhose, Jens

Junior Economist and Doctoral Student, Ifo Institute, Human Capital and Innovation Department, Munich (Young Experts Group)

Ruokanen, Tapani

Editor-in-Chief, Suomen Kuvalehti news magazine, Helsinki

Ryan, John

Fellow, Centre for International Studies, London School of Economics and Political Science

Rydzek, Benedikt

PhD Candidate, KOF Swiss Economic Institute ETH, Zurich (Handelsblatt Fellow)

Schilirò, Daniele

Associate Professor of Economics, Università degli Studi di Messina

Schiller, Klaus-Jürgen

Head of Munich Office, UBS Deutschland AG, Munich

Schmidt, Thomas

Vice Chairman, CDU Parliamentary Group, Saxony State Parliament, Dresden

Schmidt-Jortzig, Edzard A.

Lawyer and Founding Partner, Schmidt-Jortzig Petersen Penzlin, Hamburg

Schneider, Kerstin

Professor of Economics, Department of Public Economics and Business Taxation, Bergische Universität Wuppertal

Schneider, Michael

Chairman of the Supervisory Board, Bayerische Beteiligungsgesellschaft mbH, Munich; Former Chairman of the Management Board, LfA Förderbank Bayern, Munich

Schü, Joachim

Chief Executive Officer, Consileon Business Consultancy GmbH, Munich

Seeger-Regling, Sabine

EU Correspondent, VDI Nachrichten, Brussels

Siemens, Oltmann G.

Co-Chairman, Advisory Board, First Trust Portfolios LP, Berlin

Sinn, Hans-Werner

Professor of Economics and Public Finance, University of Munich; President, Ifo Institute, Munich; President, CESifo Group

Sturm, Hermann

President, Union of Medium-Sized Companies, Munich

Suckale, Margret

Member of the Board of Executive Directors, Industrial Relations Director, BASF SE, Ludwigshafen

von Sydow, Henrik

Member of Parliament, Chair of Committee on Taxation, Swedish Parliament, Stockholm

Theil, Stefan

European Economics Correspondent, Newsweek, Berlin

Thiele, Peter

Department of Basic Policy Issues of Initial and Continuing Vocational Training, Federal Ministry of Education and Research, Bonn

Toda, Shinsuke

Deputy Consul General, Consulate General of Japan, Munich

Tribble, Conrad R.

Consul General of the United States, US Consulate General, Munich

Übelmesser, Silke

Professor of Economics, University of Jena

van der Ploeg, Rick

Professor of Economics, University of Oxford

Veldhoen, Christina

General Manager, Rock Your Life!, Zeppelin University gGmbH, Friedrichshafen (Young Experts Group)

Vollmert, Sindy

Deputy Chief Economist, BVMW - The German Association for Small and Medium-sized Businesses, Berlin

Walkshäusl, Christian

Research Associate, Universität Regensburg (Handelsblatt Fellow)

Wichels-Schnieber, Anne

Associate, Russell Reynolds, Associates, Hamburg

Wiechers, Ralph

Chief Economist, Verband Deutscher Maschinen- und Anlagenbau e.V., Frankfurt

Wiesheu, Otto

President, Economic Advisory Board of the Christian Democratic Union, Munich

Wigdortz, Brett

Chief Executive Officer and Founder, Teach First, London

Wintermantel, Margret

President, Deutscher Akademischer Austauschdienst – German Academic Exchange Service (DAAD), Bonn

Wolf, Silke

Deputy Managing Director, Association of German Banks, Berlin

Woolcock, Nicola

Education Correspondent, The Times, London

Wörner, Herbert

Senior Advisor, Monitor Group, Munich

Woessmann, Ludger

Professor of Economics, University of Munich; Head, Human Capital and Innovation Department, Ifo Institute, Munich

Zitzmann, Barbara

Partner, MCP Munich Capital Partners, Munich

ORGANISERS

The BMW Foundation Herbert Quandt brings together people from across communities, cultures and countries to drive social innovation, facilitate global dialogue, and promote responsible leadership.We believe that our approach breaks down barriers between politics, business, academia, and non profits and allows society to benefit from the energy and creativity that result from cross-sector collaboration.

The CESifo Group Munich links the Department of Economics of the University of Munich and the Ifo Institute with the international economic research community. It also supports the international CESifo Research Network, an independent academic research community now numbering over 1270 internationally-renowned economists from around the world.

MEDIA Partner

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The Wall Street Journal is the world’s leading business publication. Founded in 1889, it has won the Pulitzer Prize 33 times for outstanding journalism. Its European edition provides indispensable global business news and analysis to 220,000 corporate readers and decision-makers in more than 50 countries.

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