Natalia Yakunina, Chairperson, the All-Russian Sanctity of Motherhood Program Board of Trustees, passionately implored that the reestablishment of family values is the only sustainable solution that can serve as a basis for the moral strengthening of the socio-economic and global financial system.
The 10th Anniversary Session of the Rhodes Forum, which is the annual conference of the well-established World Public Forum "Dialogue of Civilizations" allowed controversial discussions. These included the causes and solutions of the financial and socioeconomic crisis that has developed and which is having a prolonged and often devastating impact on families and societies across the globe.
Over the 4 days session, vivid discussions, talks and presentations of research papers enabled the thought-leaders from all over the world to trigger intense participation of the audience.
Natalia Yakunina, Chairperson, the All-Russian Sanctity of Motherhood Program Board of Trustees, highlighted the role of family values as a substantial base of today’s society and enabler for future well-being. In this context, she stated that the loss of family values caused and deepened the financial and economic crisis. Thus, re-establishing family values is the base for recovering and building the foundation of stable future development.
The WPF, besides intensely discussing the pros and cons of today’s global business models for solidarity with strong regulation of financial institutions on the one side and free floating private savings on the other side, spun controversial discussion.
In this context, Hans-Jörg Rudloff (UK), Chairman, Board of Directors, Barclay’s Capital, pointed out the key driving role of liberated private savings as key-enabler for the majority of the global population to work their way out of poverty.
Vladimir Popov (Russia), Advisor at United Nations, Department of Economic and Social Affairs (UN DESA), requested a stronger regulation of short-term capital flows, especially for smaller and transition economies new to the financial sector markets to ensure sustainable investments.