St. Petersburg International Economic Forum and exhibitions, became the new SPIEF venue. The Forum was held on June 8–10, 2007. The Forum was a cooperation between two venues – the St. Petersburg International Economic Forum and the World Economic Forum in Davos. It was commemorated by the signing of a Memorandum of Understanding between the Russian Ministry of Economic Development and the Trade and the World Economic Forum. SPIEF was attended by more than 8,000 people and delegations from 76 countries, including 9 heads of state, 3 prime ministers, representatives of 340 foreign businesses from 65 countries, 37 representatives of the Federation Council of the
St. Petersburg International Economic Forum systems in various regions of the world? What measures should have been taken at national and supranational levels to alter the situation? What was the role of the banking sector and state policy in this sector? Was it enough to reform only the financial system, or were wider structural changes needed? These and many other questions were specifically discussed by Forum participants. The centuries-long history of the world had demonstrated many examples of struggle with economic crises and the methods of overcoming them. 2,514 people attended the official Forum program, including: • 5 Heads of States and Governments (Presidents of