Prof. Dr. Dr. Franz Josef Radermacher is the main speaker in the event organized at International Hellenic University on Monday 5th of March 2012 at 11am
The world is in a difficult situation. This is also true for the European Union, the Euro zone and Greece in particular. The talk will describe how sustainability is connected with innovation and creativity and that we need innovation in technology as much as in governance. Universities have a major role in producing the relevant ideas and communicating them. A sustainable development needs a working economy which in turn needs adequate frameworks in the sense of an eco-social market economy. There are eight factors that strongly determine performance of countries. The big issue is how to deal with differences of performance in parts of one regulated super structure, such as the EU. A major issue is cross-financing combined with the right incentives to make best use of the transfers. The talk will discuss the different elements of such an approach and will try to develop ideas for a sustainable world, the future of Europe and the future of the Euro zone.
Eight points which are crucial for the wealth situation of countries
- A well functioning governance system
- Good infrastructures on an international level
- A strong capital stock
- Access to required resources
- Efficient research and internationally competitive innovation processes
- A strong money and finance system
- A close embedding of enterprises and the private sector into worldwide value creation networks

Prof. Dr. Dr. Franz Josef Radermacher is the Director of FAW/n (Research Institute for Applied Knowledge Processing/n), Ulm, and holds a faculty position for Data Bases / Artificial Intelligence at the University of Ulm.
Member of the Club of Rome and of several national and international advisory boards as well as President of the Senat der Wirtschaft e.V., Bonn, President of the Global Economic Network (GEN), Vienna, and Vice President of the Ecosocial Forum Europe, Vienna.
1997 Scientific Award of the German Society for Mathematics, Economics and Operations Research. 2005 Laureate of the Salzburg Award for Future Research, Salzburg, Austria. 2007 Laureate of „Vision Award 2007“ of Global Economic Network (for Global Marshall Plan Initiative). 2007 Laureate of Karl-Werner-Kieffer Award (Stiftung Ökologie und Landbau, SÖL). Member of the Rotarian Action Group for Population & Development (RFPD) - German Section - e.V. Member of the German National Committee of the UNESCO for the World Decade „Education for Sustainable Development“ (2005 – 2014).



