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Global Challenges Summit: 20 days until the start of Astana Economic Forum


The Astana Economic Forum is an annual significant event in the Eurasian space. Every year, world leaders, leading international experts, scientists, political and public figures, representatives of various financial institutions and business communities, gather on one site.

Throughout the history of the forum, more than 50 thousand delegates from 150 countries of the world took part in the AEF.

The forum has become an international platform that connects economic thought, idea and practice to find effective solutions in the fight against the main economic and social challenges of our time. The forum has an enormous effect � from the attraction of international investors to the exchange of new ideas for the formation of an economic policy agenda in the country and in the world.

History: the creation of AEF is dictated by time

The Astana Economic Forum was initiated by the Head of State. In June 2007, N. Nazarbayev proposed the creation of the Eurasian Club of Scientists to help with the economic integration of the Eurasian community and the development of international economic cooperation. The Eurasian Economic Club of Scientists Association was established on June 27, 2008, by the Ministry of Economy and Budget Planning of Kazakhstan and the Economic Research Institute.

For the first time the Forum was held in 2008 and managed to gain the status of one of the most influential international venues for discussing the issues of improving and developing the world economy and financial system.

The purpose of the forum is to create an international, impartial forum where experts can discuss issues of economic development, both separately in the Central Asian region and the entire world space, in the context of changes in the global economy. The creation of such an interactive platform as the Astana Economic Forum was dictated by time. The world economy is undergoing a number of changes and the AEF has become a unified platform, at which the most acute economic and socially important issues are discussed. Moreover, this forum is a practical tool for business, allowing to overcome geographical and information boundaries. Each year, the AEF gathers more than 5000 delegates from 80 countries around the world.

The main themes of the Forum, which were discussed in different years: “Contemporary aspects of economic development in the age of globalization” (2008), “Eurasian economic security in a system of global risks” (2009), “Providing stable growth in a post-crisis period” (2010), A new decade: challenges and outlooks”(2011),”Global economic transformation: challenges and outlooks for development” (2012), “Providing balanced economic growth, using G-Global” (2013), “Risk management in the age of change using G-Global” (2014), “Infrastructure: the driver of steady development” (2015), “The new economic reality: diversification, innovations and the knowledge economy” (2016), and “New energy � new economy” (2017).

The 10 largest meetings are behind, at which the opinions of world leaders and real proposals for strengthening the economy not only of Central Asia and the post-Soviet space, but the world in general, were voiced.

An important component of the forum are the proposals to ensure the balanced development of the world economy. AEF’s recommendations are not only paid attention, but also taken into account in the development of concrete actions. The forum began to influence the global processes associated with the adoption of anti-crisis and other measures in the key formats of G8 and G20, ECOSOC, UNCTAD, UNESCAP. The significance of these recommendations was noted both by the experts of the G20 group and by representatives of the leading international organizations � the UN, IMF, WB and others.

In 2012, the recommendations of the Astana Economic Forum were presented at the Plenary session of the UN General Assembly, receiving high praise from UN Secretary General, Ban Ki-moon, President of the 66th session of the UN General Assembly, An-Nasser, and the Mexican presidency of the G20.

The most important event held at the VI Astana Economic Forum in 2013 was the First World Anti-Crisis Conference, initiated by the Republic of Kazakhstan jointly with international organizations, with the support of the UN General Assembly. Following its results, the Astana Declaration and the main directions of the World Anti-Crisis Plan Project for the UN member states were adopted.

In 2014 on the site of the VII Astana Economic Forum, the II World Anti-Crisis Conference was held at the level ministers of finance, economy, and heads of central banks of the UN member states. Following its results, the Concept of the World Anti-Crisis Plan for the UN member-countries was adopted.

On May 22, 2015, the eighth Forum on “Infrastructure: driver of sustainable growth of the economy” was held, attended by more than 3000 delegates. During the Forum, the Plan of the Nation “100 Specific Steps” for the implementation of the Five Institutional Reforms of the President of the Republic of Kazakhstan was highly assessed.

On the ninth time AEF, the President of Kazakhstan Nursultan Nazarbayev proposed a number of initiatives to restore the world economy and support developing countries, as well as to develop the green economy and rational use of natural resources.

Jubilee X Astana Economic Forum “New Energy � New Economy” was held at a historically crucial moment for the Eurasian space. The President of Kazakhstan reported on the large-scale activities in the country within the framework of the Third Modernization of Kazakhstan and the measures taken to modernize the energy sector.

Restart time

This year the organizers said that the forum will be held in a completely new format. What is it for? “The world is changing, Kazakhstan is being modernized and the forum must meet new challenges,” they say. Moreover, the organizers are sure that the updated forum should become one of the world’s leading summits. For this, the AEF is changed both in its form and content.

All activities will be divided into three blocks: a business program, a strategic session and research. If at the first two stages there will be speakers, then the third will enter the machine. Semantic analysis of large text data will allow to determine with what mood people around the world talk about the challenges, whether they are afraid of the inevitable or see the opportunities for the development of positive scenarios. The sources of data will be publications in the media, academic publications and social networks.

The form and submission of the information will change. If traditional panel sessions were held before, now they will be supplemented with TED talks, innovative presentations, workshops and presentations by visionaries � analysts who can foresee the future development of the market or influence it.

For the first time AEF provides a special program for young people. On the basis of leading universities in Astana, a festival of lectures, presentations and meetings with top economists will be held. Our future scientists, inventors, programmers will have an opportunity to meet with leading thinkers, be inspired by new ideas.

XI forum � 11 global challenges

11 global themes are offered for discussion at the XI Astana Economic Forum: Unified Economy, Global Strategy, Urbanization, Sustainability, Clean Energy, Singularity, Digital World, Future of Money, Global Security, A New Mankind, Longevity.

On the track “Longevity,” experts will discuss medicine issues and seek a solution to the issue the essence of which is that despite the longer life expectancy, epidemics and diseases remain a problem.

One of the topics of the forum “Sustainability” is aimed at finding the answer to the question: “How to ensure the sustainable development of the global economy in conditions of a growing population and a shortage of resources?”

At the sessions on “Future of Money,” the speakers will talk on how destructive the changes will be when a new financial era comes.

The agenda “Global Security” could not have been more topical. After all, every step of the technological revolution has a downside and leads to a loss of anonymity. The forum participants will discuss the question: “How can governments and corporations guarantee peace of mind and protect data from scammers?”

Very interesting is the theme “Singularity.” Here, the laws of artificial intelligence, ethical and political aspects of the new regulator will be addressed. According to some forecasts, artificial intelligence will soon surpass human and will be able to develop independently. How can you predict its behavior and what to do if it is not possible � these questions will be answered by the speakers.

Within the framework of the forum it is planned to hold a session: “Technologies of new money. What expects us tomorrow?” The session will discuss the implementation of blockchain technologies in the financial sector, as well as the application of this technology in Kazakhstan. Also, what specific projects can be implemented in Kazakhstan on the detachment and how to get the maximum benefit from using the technology of future money will be discussed. One of the key speakers of this session is Laird Kogan, a co-founder of the multifunctional company Cagan McAfee Capital Partners, with a capital of more than $2 billion.

AEF participants in 2018

The history of the AEF shows that the speakers of the forum at different times were politicians, scientists and economists, journalists and public figures of the world level, representatives of international organizations, financial institutions and business elites.

Regarding the names, at the upcoming forum it is planned to have Michio Kaku � the worldwide famous futurist and science popularizer who wrote the books: Physics of the Impossible (2008), Physics of the Future (2011), and The Future of the Mind (2014).

Among the speakers of the Forum is one of the most influential businessmen of Dubai, Chairman of Ports, Customs & Free Zone Corporation, Chairman of DP World Company � Sultan Ahmed bin Sulayem.

In addition, the top speakers who will come to the Forum include the well-known British financier, the author of the term acronym BRIC (Brazil, Russia, India, China), the former head of the asset management department of Goldman Sachs Asset Management � Jim O’Neil, manager of the Asian Bank for Infrastructure Investments, Jin Liqun, senior researcher at the Singapore School of Public Administration named after Lee Kuan Yew, Parag Hanna, writer, gerontologist, Chairman and Director of Science, SENS Foundation, Aubrey de Gray, director of McKinsey & Company, Jonathan Woetzel, Minister of the Government of Malaysia, Director General at PEMANDU, Idris Jala, and others.

Also, one of the expected guests of the Forum will be ex-President of France, Francois Hollande, and politician, diplomat, former Estonian President, Toomas Ilves. In total, more than 450 speakers from more than 24 countries will speak at the Global Challenges Summit 2018.

Based on the results of the forum, it is planned to develop effective solutions and practical recommendations for the world and Kazakhstan, to increase the interest of global investors. Significant agreements will be signed between countries, cities and companies. It is important that there is the possibility of forming a new generation of economists, since AEF is a place of concentration of the best experts and scientists in the world in economics, Nobel laureates, where young Kazakhstani economists receive invaluable knowledge.

Source: The Prime Minister of Kazakhstan