>>jacques attali, is one of the foremost french economists. he was an advisor to francois mitterrandfor a decade and was the founder and first president of the european bank for reconstruction and development. we caught up with him to get his take on the current situation in europe and finance in the developing world. >>reporter: jacques attali made his name as one of europe's leading economists but these days it's his observations as a futurologist that bring the crowds in. at this speech in front of hundreds of french business leaders, he warned that unless they worked together on new technological innovations rather than each fighting their own corner - they will be left behind completely within a decade. >>jacques attali launched one of the world's biggest micro-financing organizations several years before the concept really took off and believes technology played a vital role. >>attali: "micro-financing is using internet quite a lot in order to reduce the cost of intermediaries to finance the poor therefore its useful to reduce the cost o