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
12.00 pm
Luncheon
by Invitation of the City of Munich, Atrium
Welcome Address
Dieter Reiter
Councillor, Head of the Labour and Economic Development Department, City of Munich
1.30 pm
Opening of the Conference
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
2.00 PM
Panel 1
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
7.30 PM
2012 BMW Foundation Young Leaders Awards Ceremony
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
8.00 PM
Dinner in the Kaisersaal, Munich Residence
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
9.00 AM
Panel 2
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
11.15 AM
Panel 3
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
Kurt Biedenkopf
Gerhard F. Braun
Bernd Brunke
Jürgen Chrobog
Peter Dolton
Giampaolo Galli
Eric A. Hanushek
Thomas Kreuzer
Andrew McCoshan
Daniels Pavluts
Cornelia Quennet-Thielen
Rick van der Ploeg
Ludger Woessmann
Photo Gallery
List of Participants
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.
SPONSORS
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