The Pacific and the Indian Ocean coast has become the centre of intense development and rapidly growing global economic exchange. The world agora consists of the great China accompanied by Singapore and Hong-Kong, and of Japan, Korea, Malaysia, the large India, Indonesia, Australia, Philippines and, on the far coast on the East: Chile, Canada and the U.S.A. faced from the Hawaii. It is the economical, political, and cultural heart of the market now. There are the oldest and grandest civilisations on the planet – the cradle of the world and its history. Geography is inexorable: we Europeans are “buried” behind America and behind Russia in relation to this modern centre of the world economy. But global economy is one entity and geographical barriers must be overcome. To do really good business one has to rise above the barriers of civilisation differences. The world crisis has taught us that in contemporary business we need hard and diligent work, appropriate preparations, as well as mutual understanding of each other’s situation and requirements. Therefore we invite the Grand Cultures of Asia to the continuous promotion of their countries here in Europe.
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In Poland things are different; the factors of economic development and stable demand remain very active, and the investment requirements are still enormous. According to analysts in Europe and the U.S.A. the reason for crisis was excess investment and artificial demand inflated with irresponsible money offered to “ninjas” (no income, no job, no assets). This is not the case in Poland. Conventional analyses of conditions and reasons for world economic recession do not apply to Poland. There are many areas of the world market which are suppressed by the crisis, but in Poland their development potential remains firm.
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A crisis is the best moment to endeavour the most difficult undertakings. “The credit crisis is stimulating demand for mezzanine capital” said Joseph Ferrigno, Director of the “Asia Mezzanine Capital Group” in Hong Kong.*) This is the best motto and the key to understanding the idea of the Open Global Economy Fair . In the times of crisis, when things are not easy, it is necessary to use only the best quality tools. In real life conditions, when the cost of money is “too high” and investment risks are peaking, one cannot cease activities. If we do not build houses today, we will be short of them in three years. If we do not plant rice today, we shall be hungry tomorrow. For us mezzanine capital is an example and a symbol of conscientious construction of business projects, not unlike the meticulousness of the calligraphy of Chinese ideograms. The aim of the Fair is to make possible the undertaking and completing of specific and well-prepared projects, which at present are ignored by conventional European and American investment market, demoralised by easy speculations. The purpose of the Fair is to carefully prepare and carry out joint undertakings leading to solid market achievements and splendid earnings despite and in opposition to the crisis. The crisis is an opportunity.
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