For years, people have focused on the disadvantages Europe has faced in the global financial marketplace when compared to the high savings rate in Japan and the strong venture capital and investment climate in the United States. However, events in recent years how allowed Europe to once again step to the fore. This panel of leaders from the 2007 Milken Institute Global Conference discussed the role of Europe in the future, what it means for international financial firms and whether European capital fill the void created by the American capital deficit.
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