Can a Country Go Bankrupt?

Liberal Answers to the Economic Crisis in Europe

The global financial crisis is a phenomenon we already got used to. Started in the United States a few years ago with the bankruptcy of one of the biggest investment banks, it subsequently spread all over the world causing serious turbulence in structure of the whole world economy. Currently, there is no country in the world which would not, more or less, be affected by it.

The "liberal economic system" is often blamed for causing the crisis. It's the "liberals" who are supposedly guilty for a dramatic fall of the GDP, increase of unemployment and debt as well as creation of empty money. However, is this true?

Should we search for the reasons of the crisis in the liberal approach to economy or elsewhere? Did the governments which claim to have run a "liberal" economic policy really implement it? Can a country, in the contemporary world (contemporary European Union), really go bankrupt? And if so, what can be its implications?

All the abovementioned questions have been addressed by speakers invited to our last conference entitled Can a Country Go Bankrupt? Liberal Answers to the Economic Crisis in Europe which was held on October 23, 2010 in Radisson BLU hotel, Warsaw. The conference was organized by the Civic Club Foundation and sponsored by the Friedrich Naumann Foundation for Liberty, the Dutch Haya Van Someren Foundation.

You can find the conference report here.

The conference paper is in preparation and will soon be available

We would like to thank all the participants and speakers for their in-depth, content-related contribution to the lively discussion as well as all the sponsor and co-organizers for their organizational and financial support.

We hope to see you during our next events!

Liberal Academy 2009

The Euro as an Instrument of Stability and Prosperity
in a United Europe 

The eight edition of our famous Liberal Academy has ended. On August 19-23, 2009 (Wednesday-Sunday) in Hotel Windsor, Jachranka, the chosen participants met to take part in an intellectual adventure. Due to the huge success of the previous year's Academy, this year we also decided to chose an economic topic - the role of the Euro in the current international economic and political setup. While discussing the Euro, we took also take a deeper look into the condition of the global and European economies under the circumstances of the financial crisis. The Liberal Academy is an international project to which we invite young European liberal leaders who wish to deepen their knowledge and take part in discussions on the most current European and global agenda.

A detailed description of this edition of our project as well as the program are available here.

Liberal Academy 2008

The Future of Liberal Economy 

On December 5-9, 2008 (Friday-Tuesday) in Hotel Windsor, Jachranka, seventh edition of our flagship project - the Liberal Academy - took place. This time the main topic of our event was the future of liberal economy. We discussed the influence of the contemporary financial crisis on the global financial sector, the role which the Euro currency can play in the new economical context and the process of its implementation both in countries which adopted the euro and those which intend to do so in the nearby future. The Liberal Academy is an international project to which we especially invite young European liberal leaders who wish to deepen their knowledge and take part in discussions on the most current global agenda.

A detailed description of the seventh edition of our project is available here.

Liberal Academy 2007

The Future of the European Union

On November 7-11, 2007 in Hotel Windsor, Jachranka, sixth edition of the Liberal Academy took place. The head topic of the event was the future of the European Union. Sixteen participants from six European countries took part in the event. According to an anonymous survey carried out at the end of the event, it was the most interesting, best organized and performed Academy so far. We would like to thank all of you who worked hard and took acti