Facts and figures 2008

Read more about the first economic forum
Memorial symbol "Alfred Nobel Planet"


The First International Nobel Economic Forum The World Economy in XXI Century: Cycles and Crises took place at Dnipropetrovsk University of Economics and Law in Ukraine on 11-13 September 2008.


• The Forum gathered more than 100 participants from different regions of Ukraine as well as from the former Soviet republics and other countries.
• During four plenary sessions and two workshops the Forum participants listened to and discussed the reports on global issues of cycle development offered by researchers from Ukraine, Russia, the USA, France, Romania, Poland and other countries and were introduced to the latest developments in the fields of the Nobel Laureates’ interests.
• The main issue before the Forum was to forecast the world’s economic development up to the year 2050 , which was actualized in the reports of professor Y.V. Yakovets and B.N. Kuzyk, corresponding member of the Russian Academy of Sciences (RAS). The advanced scientific level of the plenary meetings of the Forum was set by the reports by Joseph Stiglitz, Nobel Laureate in Economics, professor of Columbia University, V.M. Geetz, academician of the National Academy of Sciences of Ukraine, S.Y. Glaz’ev, RAS member, and G.G. Fetisov, RAS corresponding member. They devoted their speeches mostly to the analysis of causes and mechanisms of the deep economic crises which took over the world economy in the beginning of the XXI century.
• Professor B.I. Kholod, rector of Dnipropetrovsk University of Economics and Law in his speech, outlined the development prospects of the Nobel Movement in Ukraine.

These are the main research issues discussed at the Forum:
- economic dynamics at the beginning of the new millenium – cycles and crises;
- modern civilization – changes in economic and socio-cultural environment;
- the philosophy of modern society and the human factor in economic development;
- globalization and regionalism – the contradictory integrity of the processes;
- the economics of knowledge and the formation of the information society;
- transitional economies in the modern world;
- international resource flows and business internationalization;
- cross-cultural communication in the process of globalization;

The Forum was centered around Alfred Nobel Planet Memorial, the unique memorial symbol opened on September, 13. The memorial complex was established in honor of the 40th anniversary of Nobel Prize in the Field of Economics established by the Sveriges Riksbank. The memorial is a five-meter structure with a symbolic globe (three meters in diameter) where bronze medals with images of all 800 Nobel Prize Winners in six nominations from the year 1901 are placed (the diameter of medals is 115 cm). It is highly symbolic that the globe has been made of the corrosion-proof metals, converted and melted from strategic missiles. Among the project designers are professor B.I. Kholod, rector of Alfred Nobel University, the outstanding sculptor Y.M. Groshev, project architect S. Leshukovich and sculptors Y.A. and A.A. Zobenko. The Memorial working group comprised as well the specialists of A.M. Makarov Yuzhny Machine-Building Plant.


Among the participants and the guests of the International Nobel Economic Forum The World Economy in XXI Century: Cycles and Crises were V.V. Bondar, the head of Dnipropetrovsk regional state administration, J.G. Vilkul, the chairman of Dnipropetrovsk regional administration, I.I. Kulichenko, the mayor of Dnipropetrovsk and Olav Berstad, the Ambassador Extraordinary and Plenipotentiary of the Kingdom of Norway to Ukraine. Participants also included the Board of Trustees of the Alfred Nobel Planet Charitable Fund , from Ukraine, Russia, Poland, Romania and France, special guests of the Day of Dnepropetrovsk from different cities of Ukraine, teachers and students of Alfred Nobel University, inhabitants of and visitors to the city. The best orchestras of Dniepropetrovs’k and the choir of the Dniepropetrovs’k State Academic Opera and Ballet Theater were invited as well.


The opening ceremony of the unique memorial complex which honors the talented pioneers of science was held at the end of the Forum. The Forum promotes science in the modern world, develops cross-cultural communication, improves cooperation among scientists and economists from different countries enabling them to initiate new joint projects and is also the most outstanding public event.