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 If there is a theme to the third edition of "New World, New Capitalism", it is very much that of hope. The hope, first of all, that, two and a half years after the worst global economic crisis since 1929, the countries of the world will get back on the path to sound, sustainable growth. Today, thanks to an initial set of reforms to the financial regulation system, our economies are free of the threat of credit and monetary collapse that had been hanging over our heads since 2008. The pressure to act has lessened, but our economies remain fragile. It is our hope that countries will work together to introduce much-needed longer-term structural reforms to ensure a stable, transformed capitalism. France, whose leadership of the G8 and G20 has just begun, hopes to bring about this wide-ranging reform of our economic and financial institutions, and of the decision-making and regulatory mechanisms. The discussions that will take place during the third edition of this conference echo France's priorities, and it is my hope that they will move the agenda forward. In 2009, the first conference grappled with the sources of the crisis, and last year's edition attempted to learn from it. This year, we look to the future – which economic policies will help get our economies back on track in the long term? Is there an economic "third way" that is more attuned to social and environmental concerns? Or shall we simply adapt and update existing economic models that have been called into question? How can we reform and reorganise international monetary governance by bringing everyone to the table? The final part of the conference will be devoted to the Mediterranean area, because no other part of the world better symbolises the need for coordination of political wills in order to bring about stability and prosperity. I very much hope that this conference will provide support for the nascent upturn in the world economy, and that every one of our participants finds the exchanges fruitful. Eric BESSON
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