The 8th M&A International Inc. Mid-Market Forum, held in Milan, Italy on 21 November, was attended by over 350 senior industrialists, M&A advisors and bankers.

Professor Alberto Alesina opened the Forum by sharing his views on the current global financial crisis. He noted that the crisis has generated a large anti-market reaction and even a more anti-liberism retort, with talk of the end of capitalism, the death of the financial system, the return to state intervention, the end of globalization and state supremacy over the market.

However, noting that the past 20 years have seen a level of economic stability and growth never previously experienced, Professor Alesina expressed optimism that the combined efforts being made by both developed and developing economies would see a relatively quick return to stability and growth.

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