The XXI Meeting of the International Union of Economists members on the
theme: World Community Social and Economic Development: Modern Trends, Problems,
Prospects was held on January 4-12, 2012 in the Republic of Seychelles (Mahe
Members of the International Union of Economists, leading scientists,
economists, representatives of state authorities, business circles of the
Russian Federation and the Republic of Seychelles, representatives of the
Embassy of the Russian Federation in the Republic of Seychelles, as well as
representatives of various international economic organizations took part in the
21st Annual Meeting of the IUE.
The delegation of the Republic of Seychelles was led by H.E. Mr. Faure,
Vice President of the Republic of Seychelles, Minister of Finance, Trade, Public
Administration, Information and Communication Technology. On the delegation in
the plenary session took part: Mr. Ahmed Afif, Principal Secretary for
Finance; Mr. Pierre Laporte, Governor of Central Bank of Seychelles;
Mr. Bertrand Belle, Technical Advisor to the Vice President; Miss
Caroline Abel, Deputy Governor of Central Bank of Seychelles.
The main plenary session of the Meeting took place on January 5, 2012.
A complimentary speech for the participants of the Meeting was made by M.
I. Kalinin, Ambassador Extraordinary and Plenipotentiary of the Russian
Federation in the Republic of Seychelles.
A complimentary speech and a report on the theme: Seychelles — Prospects for
Sustainable Development were delivered by H. E. Mr. Faure, Vice-President
of the Republic of Seychelles, Minister of Finance, Trade, State Administration
and Information and Communication Technologies.
«The whole world should act in synergy, nations should join hands and
governments should have a serious approach to their leadership role. We should
be transparent, we should be realistic, we should always communicate and, which
is the most important thing, we should always be fair. Only this can become a
foundation for stable progress on our planet».
Further in his speech, Mr. Faure noted that he had been observing the
activities of the International Union of Economists, «including programs on
providing economic stability, self-sufficiency in the sphere of power energy and
climate changing initiatives» with interest. He expressed his hope that the
Republic of Seychelles would become «a source of new inspiration and renewed
efforts on suggesting economic reforms, promoting new projects supporting
development via sharing information and technologies in the world. I hope that
you will see what we have achieved while you are staying here. We would be glad
to share our experience with you. We would also like to learn from you and
cooperate with you in any sphere, which would deepen our cooperation
contributing to economic development and progress on Seychelles».
The program of the IUE Meeting plenary session consisted of two parts:
scientific and discussion part and organizational part.
Scientific and discussion part of the Meeting
The main report on the theme: Seize the Wall Street was made by G.
Kh. Popov — President of the International Union of Economists, President of
VEO of Russia, President of the International University, President, Honored
Academician of the International Academy of Management, Academician of the
Russian Academy of Natural Sciences, Dr. Sc. (Econ.), Professor.
«For twenty years so far we have been observing financial geniuses saving
us and the whole world from catastrophes. But the same repeating crises appear
over and over again. And it’s high time we made conclusions. They have the same
essence: the financial and nomenclature oligarchy cannot cope with the role of
the civilization leader in the 21st century. It cannot cope — despite the fact
that it has taken the whole state authority under control. It cannot cope —
despite the fact that it has usurped a significant portion of the society’s
wealth. It cannot cope — despite the fact that it has provided itself with
living standards that are hundreds and thousands times higher than those
available to other members of the society».
The «modernization» type Seize the Wall Street movement raises a question not
about creating a new society, but about creating a new stage of the
post-industrial order. G. Kh. Popov expressed confidence that today there is a
need to modernize the whole modern post-industrial order on the basis of
evicting financial capital, intensification of both state fundamentals and the
fundamentals of the true competitive market of small and medium business.
Among other things, the meaning of the Seize the Wall Street movement consists
in the fact that its main mottos are close and comprehensible to everyone:
liquidating banks; liquidating stock exchanges; savings banks — to citizens;
mutual loan societies — to small and medium business; state non-profitable banks
— to the country; World Bank and World Money — to the planet, said Professor
And although Russian mass media do their best to prevent the distribution of
information on this movement, it has become a distant lighting in twilight. «It
is hard to say now whether it will become a spark that will ignite the era of
anti-bureaucratic revolutions of the 21st century predicted by famous
futurologist Alvin Toffler or it will fade away. But Hope has surely appeared».
An engagement for all true intellectuals, all honest people is protecting and
supporting this movement. It is necessary to follow the way that has already
been chosen by the best part of the population from developed countries, the
best part of intellectuals, the far-sighted part of the business. «Seize the
Wall Street — and save yourself, children, people, Russia and mankind in the
G. Kh. Popov expressed his full agreement with H. E. Mr. Faure’s speech and
said that now it’s high time for learning lessons from the past and taking hard
decisions. This is the time when we need new ideologies of the world order.
The scientific and discussion part of the plenary session continued with
the following participants:
V. V. Ivanter — Director of the RAS Institute of Economical Prediction,
Member of the Presidium of VEO of Russia, RAS Academician, Honored Academician
of the International Academy of Management, Dr. Sc. (Econ.), Professor, made his
report on the theme: Prospects for Russia’s Development in the World Financial
V. N. Ilyumzhinov — First Deputy Chairman of the Government of the
Republic of Kalmykia, Chairman of the Kalmykia branch of the Free Economic
Society of Russia, presented his report on the theme: India and the 21st Century
Geo-economic Stage Transformation.
M. V. Shmakov — Chairman of the Federation of Independent Trade Unions
of Russia, Member of the Presidium of VEO of Russia, Vice-President of the
International Trade Union Confederation, President of the All-Europe Regional
Council of the International Trade Union Confederation, Professor, made his
report on the theme: World Community Social and Economic Development: Modern
Trends, Problems, Prospects.
Yu. V. Yakutin — Research Manager of the Economic Newspaper Publishing
House, Vice-President of VEO of Russia, RF Honored Scientist, Dr. Sc. (Econ.),
Professor, presented his report on the theme: A Seven-Billion Problem.
V. Ya. Bekker — Deputy Director of the Scientific-Research and Design
Institute of the Master Plan of Moscow City, RF Honored Economist, made a report
on the theme: Pressing Problems of the Social and Economic Development of Moscow
at the Modern Stage.
L. N. Usenko — Member of the Revision Commission of the International
Union of Economists, Pro-Rector of Scientific Research at Rostov State
University of Economics, Member of the Board of VEO of Russia, RF Honored
Scientist, Dr. Sc. (Econ.), Professor, presented his report on the theme: Russia
on the Threshold of Changes: Challenges and Possibilities for the Country.
L. V. Popova — Chairwoman of the Department of Bookkeeping and
Taxation of the State University — Educational, Scientific and Production
Complex, Dr. Sc. (Econ.), Professor, made her report on the theme: Forming the
Accounting and Tax System Unified Information Field in the Conditions of Global
World Economic Processes.
V. L. Sinelnikov — Member of the Coordination Council of IUE, Director
General, Art Director of the Cloto TV Studio, Member of the Board of VEO of
Russia, Member of the Presidium, Academician of the International Academy of
Management, Academician of the International Academy of Information, Information
Processes and Technologies.
The in-depth constructive discussion at a high state, scientific and business
level allowed analyzing the problems, trends and opportunities of the social and
economic development of the world community and working out recommendations,
which will contribute to the optimization of solutions to social and economic
problems, effective reformation of the world and Russian economies.
At the end of the scientific and discussion part of the Meeting, G. Kh Popov
summed up its results and said that the discussion devoted to the theme of the
Meeting, which took place at the plenary session, was very up-to-date, since it
gave an impetus for sharing the participants’ positions.
Now it is time when «it is necessary to think about the new ‘overcoat’ of N. V.
Gogol», when new constructive suggestions will be needed. The only prospect
applicable to Russia is developing scientific potential, raising the political
elite, and reviving and actively developing science.
According to the Annual Meetings tradition, President of IUE G. Kh. Popov
provided membership cards to the following new members of the Union:
V. A. Zakharov — Head of the State Enterprise Moscow City Bureau of
M. A. Vybornaya — Director General of LLC Ministry of Joy.
V. Ya. Bekker — Deputy Director of the Scientific-Research and Design
Institute of the Master Plan of Moscow City, Honored Academician of the
International Academy of Architecture, Academician of the International Academy
of Sciences on Information Processes and Technologies, Russian Housing and
Public Utilities Academy, RF Honored Economist.
L. V. Popova — Chairman of the Department of Bookkeeping and Taxation of
the State University — Educational, Scientific and Production Complex, Dr. Sc. (Econ.),
Organizational part of the Meeting
In compliance with the approved program of the plenary session, its
participants considered and approved several practical issues connected with the
activities of the International Union of Economists, and namely:
• Report on the International Union of Economists work in 2011 (published in the
Economic News of Russia and CIS States newspaper)
• Report by the Revision Commission of the International Union of Economists on
the Union’s financial and economic activity in 2011.
• Report on budget utilization at the International Union of Economists in 2011.
• The International Union of Economists budget for 2012.
Upon completion of the plenary session, First Vice-President of the
International Union of Economists V.N. Krasilnikov thanked all participants of
the Meeting for their fruitful work and said that governing bodies in Russia and
abroad would be familiarized with the developments and suggestions of the
International Union of Economists. It is certain that the results of the plenary
session, its recommendations will be sent to and used in the activities of the
Economic and Social Council of the United Nations Organization, interested
V. N. Krasilnikov also informed the Meeting participants of the IUE future
plans for year 2012:
• The Presidium of the International Union of Economists decided to hold the
17th International Congress on Regional Development in Malaysia changing its
traditional venue — Switzerland. The initiative of holding the Congress in
Malaysia belongs to the Economic and Social Council of the United Nations
Organization and the National Economic Advisory Council under the Government of
Malaysia. The topic of the Congress will be New Models of Economic Growth. The
International Union of Economists thinks it is expedient to study the successful
experience of Malaysia in the development of strategic and tactical economic
• The next 22nd Meeting of the International Union of Economists was suggested
to take place in the United States of America in January 2013.
The photo-report of the Meeting is placed on the IUE page in the
facebook.ru social network.
The shorthand report of the Meeting will be published in the Transactions of
IUE and VEO of Russia.
Download the report of G. Kh. Popov
«Seize the Wall Street».
Download the booklet.