Prime Minister Vladimir Putin’s Speech At The Opening Ceremony Of The World Economic Forum ... (Toward A League Of Same, Or Similar, Boats?)

Davos, Switzerland
January 28, 2009

Good afternoon, colleagues, ladies and gentlemen, I would like to thank the forum’s organisers for this opportunity to share my thoughts on global economic developments and to share our plans and proposals.

The world is now facing the first truly global economic crisis, which is continuing to develop at an unprecedented pace.

The current situation is often compared to the Great Depression of the late 1920s and the early 1930s.

True, there are some similarities.

However, there are also some basic differences. The crisis has affected everyone at this time of globalisation. Regardless of their political or economic system, all nations have found themselves in the same boat.

Continuation

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Photo credit: The Black Sea, shared by many peoples over hundreds of centuries. NASA via Wikipedia Commons. With thanks.

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World Economic Forum

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"This world civilization cannot afford to be materially rich and spiritually poor."

Pan Cogito, January 28, 2009