The World Forum Lille 2009 Report

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They say that « money leads the world », but where to? After “Diversity” in 2007 and the “Protection of the Planet” in 2008, the 3rd edition of World Forum Lille took place on the 19th, 20th and 21st of November 2009 and was dedicated to “Sustainable Finance.”

The financial crisis has revealed also a crisis of meaning. The World Forum Lille has been a great opportunity to discuss the obsession with short-term gain; the ensuing multiplication of increasingly complex and impenetrable financial products; an “easy money” policy (encouraged by certain public authorities) pushing for excessive indebtedness; and a widening gap between the financial and speculative sphere, on the one hand, and the “real economy,” on the other. This spiral generated increased inequalities, which, in turn, have led to increased instability.

Is a more ethical world possible? Is a more responsible economy viable? Is a new financial order possible? The challenge for this edition was to convince companies that it is possible to adopt a different approach to finance without reducing one’s economic performance.

You can find out more about the event at the World Forum Lille online magazine.