East-West Forum was an exciting and stimulating event with valuable practical contributions from business, science and politics from East and West on the topic: "Globalization & Re-Globalization: where is the world economy moving?”. It was the second edition of the international "East-West-Forum" in 2022, organised and conducted by the Faculty of Industrial Engineering, University of Applied Sciences in Mittweida, Germany, on Tuesday, November 8, 2022 from 15:00 to 19:00 at Studio B.
Dr. Pradeep Kumar, an Asst. Prof. at the faculty of Modern Languages, University of Applied Sciences in Nysa (Państwowa Akademia Nauk Stosowanych w Nysie), and President, Indo-European Education Foundation, Poland, was invited for the Forum under a panel discussion dedicated to the Topic: "Impact and consequences of current megatrends on the global economy”. Dr. Kumar was sharing the panel along with other experts from different fields, from Germany and around the globe. The panelist were named as Ms. Antje Hermenau, Representative of the Saxony State Economic Senate; Mr. Max Jankowsky, Managing Director of Gießerei Lößnitz GmbH ; Dr. Samuel Greene, Associate Professor of Political Science and Global Studies at Shepherd University, USA; Dr. Pradeep Kumar, Faculty of Modern Languages, University of Applied Sciences Nysa/ President, Indo-European Education Foundation, Poland; Prof. Dr. Serge Velesco, Dean of Studies for International Management at Mittweida University of Applied Sciences; and successfully moderated by Jill Deschner-Warner M. A., M.A., Msc., Project assistant in the field of internationalization of the Faculty of Industrial Engineering at Mittweida University of Applied Sciences.
The Second edition of “East-West Forum 2022” began with the Impuls speeches delivered by Prof. Dr. rer. pol. Andreas Schmalfuß, Dean of the Faculty of Industrial Engineering at Mittweida University of Applied Sciences; and continued by Dr. Matthias Rößler, President of the Saxon Parliament; and Prof. Dr. Joachim Ragnitz, Deputy Head of the ifo Dresden Branch.
The second part of the Forum were based on presentations related with Globalisation and it’s impact, titled “Lightening Talks”. Mr. Harald Wolf, Head of Digital Risk at Deloitte GmbH Auditing Company; Prof. Dr. Frank Schumann, Chair of Human Resources Management and Business Psychology at Mittweida University of Applied Sciences; Prof. Dr. Oleksii Dzhusov, Oles Honchar Dnipro National University, Ukraine, Professor of the Marketing and International Management chair, The Faculty of Economics; Dr. David Michel, Head of the International Relations Department at the Saxon State Chancellery. Later two presentations were delivered by Dr. Samuel Greene, Professor in the Department of Political Science, Global Studies and Geography at Shepherd University U.S.A. on the topic "What does investment look like within the limits of reglobalization?”; and by Prof. Dr. Nano Ruzin, Dean - Political Science of FON University in Northern Macedonia (live online), on the topic "Enhanced cooperation in Europe”.
The last session of the forum was “panel discussion” and closing remarks delivered by Prof. Dr. Serge Velesco, Dean of Studies for International Management at Mittweida University of Applied Sciences.
During the Panel discussion, dr Kumar presented his views on globalisation and its impact to the global economy. He also highlighted that the future of re-globalisation is moving towards consumer market such as India were manufacturers, and foreign investors can find the second largest consumer market of 1.39 billion people, with one of the youngest highest population in the country with largest English speakers in the world after the USA., and can be accommodated in the country by following simple procedure with the support of local and central governments. There are many real issues including some of them fabricated in front of the world community but we’ve to take all the challenges and find proper solutions not only from the point of view of the lawmakers and politicians but priority should be given to the consumers and communities that are suffering the most during any global conflict.
The Article was covered by a German Magazine "top magazin" Ausgabe 4-22 Jahrgang, Winter 2022/2023.