Baby Shower Family Fued

If governments rescue dinosaurs

World Economy: Challenges and risks, final debate Wednesday.

Experts back to work long-term economic recovery engine.

reject the direct government interventions in the economy because perpetuate dinosaurs, clog the exit of new businesses and choke to taxpayers.

I

.- The appropriate tension between tactics and strategy are basic for part, out of the crisis (short) and the other not to lose the ability to recover (long).

• Vice President Juan Francisco Corona Family Business Institute: The company is family property and therefore all its strategic planning horizon is long term while at the same time maintain adequate risk management they assume. These two features have worked well in the current crisis.

II .- Democracy is a problem. The best rulers act to four years away.

• In Spain as president of MRV Francisco Martín Frías , "do thinking about the next day's headline"

• Finn Kydland (Economics Nobel 2004) : Countries like Argentina suffer temporal inconsistency process, with continuous changes without a clear destination

III: - The government bailouts for banks and certain large companies ("strategic?) can have a value in the short term but is harmful to medium and long.

• Robert Aumann (Nobel Prize for Economics 2005) think the rescue: transmits a very harmful message to ejejutivos : manage their risks without fear. If it goes well paid dividends. If the state goes wrong they will be showered. The risk is good, makes the economy go round, but proper management is necessary.

• Finn Kydland: incentives to a bank that was facing bankruptcy have been very negatvos

• Francisco Blanco (Universidad Rey Juan Carlos) The economy will not recover if governments "Rescue" companies that are actually dinosaurs deserving of a dignified death
  

• Finn Kydland: the long term, slow government stimulus renewal inefficient firms. And "Who will pay the government debt generated by the rescue?

• Robert Aumann: The Government should assist people with training and assistance but not to intervene in the economy
  

• Robert Aumann : The salary of executives should not be fixed by the Government, another thing is to be removed stock options

Entrepreneurs: A question of self-esteem, risk management and support

Francisco Blanco (Universidad Rey Juan Carlos) should be encouraged entrepreneurship culture from the whole society, including the University. The entrepreneur may feel after failing Quixote is mocked, but a social value to create wealth, jobs and knowledge. is time to create companies, but if the state aid keeps old dinosaurs, it is impossible to undertake .