[25], The Managing Board is chaired by the WEF's President, Børge Brende, and acts as the executive body of the World Economic Forum. [103], Since the annual meeting in January 2003 in Davos, an Open Forum Davos,[104] which was co-organized by the Federation of Swiss Protestant Churches, is held concurrently with the Davos forum, opening up the debate about globalization to the general public. The meeting brings together some 3,000 business leaders, international political leaders, economists, celebrities and journalists for up to five days to discuss global issues, across 500 sessions. December 2020 (Number 108) The COVID-19 pandemic will cast a long shadow and raises uncertainty over the world’s economies. [98] Around 150 Tibetans and Uighurs protested in Geneva and 400 Tibetans in Bern against the visit of the China's paramount leader Xi Jinping for the 2017 meeting, with subsequent confrontations and arrests. Strategic insights and contextual intelligence from the World Economic Forum. President Donald J. Trump, President of the United States of America. It fulfils human and societal aspirations as part of the broader social system. Connecting Digital Economies: Policy Recommendations for Cross-Border Payments June 2020 Demetrios Marantis Senior Vice-President, Global Government Engagement, Visa, USA Richard Samans Managing Director, World Economic Forum An American study shows that when the income is higher than 75,000$, an increase in profits does not increase well being. World Economic Forum 2007-2020, Global Risks Reports. Read. at the World Economic Forum Centre for the Fourth Industrial Revolution; Wilson China Fellow Jeff Merritt Head of Internet of Things, Robotics and Smart Cities, Member of Executive Committee, World Economic Forum Shaping the Future of the Internet of Bodies: New challenges of technology governance July 2020 He sees three central drivers for this development:[109]. [60], In the year 2020, the forum published a report named: "Nature Risk Rising". Il rapporto Global Competitiveness Report evidenzia in realtà come la maggior parte dei Paesi non sia pronta alla trasformazione, ma l’Italia sarebbe in ritardo addirittura su nove delle 11 priorità che sono state identificate. World Economic Forum, tutto quello che c’è da sapere su Davos 2020 . the World Economic Forum’s 2018 Future of Jobs Report, which forecasts a figure of 133 million new jobs over the 2018–2022 period as the baseline, the emerging professions of the future analysed in this report will account for 6.1 million opportunities globally in 2020–2022. It’s time to look at the human side of things. The World Economic Forum is considered to have significant influence. Many argued that GDP is failed to represent correctly the wellbeing and that fossil fuel subsidies should be stopped. Managing Board members are Emma Benameur, Børge Brende, Julien Gattoni, W. Lee Howell, Jeremy Jurgens, Anil Menon, Adrian Monck, Sarita Nayyar, Richard Samans, Olivier M. Schwab, Murat Sönmez, Dominic Kailash Nath Waughray, Saadia Zahidi, Alois Zwinggi. For much of the post–Cold War period, all but a few societies shared the aspiration of stable development in the context of formally agreed (if not universally observed) rules governed by multilateral institutions. In the beginning of the 21st century, the forum began to increasingly deal with environmental issues. The internationally funded initiative aims at securing vaccine supplies for global emergencies and pandemics, and to research new vaccines for tropical diseases, that are now more menacing. 6 World Economic Forum | Annual Report 2019-2020 From the Executive Chairman Dear Partners and Constituents, As I write this foreword to our Annual Report, many societies remain in lockdown or on high alert, international travel stands at its lowest point in decades and global cooperation is under severe pressure. Every year regional meetings take place, enabling close contact among corporate business leaders, local government leaders, and NGOs. Powerful economic, demographic and technological forces are shaping a new balance of power. Deloitte joins global business and government leaders to develop meaningful and measurable solutions to the world’s most pressing economic … Trump, Merkel, Lagarde fino a Greta Thunberg: circa 3mila gli ospiti attesi alla 50esima edizione del World Economic Forum di Davos. What It's Like To Be A Woman At The Old Boys Economic Forum. This is the context in which the World Economic Forum publishes the 15 th edition of the Global Risks Report. [90] Global Shapers develop and lead their city-based hubs to implement social justice projects that advance the mission of World Economic Forum. The result is an unsettled geopolitical landscape—one in which states are increasingly viewing opportunities and challenges through unilateral lenses. Global Risks 2020: An Unsettled World. [85], The forum proposed a plan for a Green recovery. Key Findings. And som… 27 Marzo 2020. The WEF was founded in 1971 by Klaus Schwab, a business professor at the University of Geneva. The goal of our 50th Annual Meeting is to establish "stakeholder capitalism" as the best model for delivering sustainable, inclusive growth capable of repairing the inequalities and divisions that have scarred our societies.. Nearly 3,000 people from 117 countries will participate in the 2020 Annual Meeting to advance this vision. CESifo Forum/2018 December 4 Volume 19 Chang Woon Nam* World economic outlook for 2019 and 2020 According to the latest IMF world economic outlook,1 global output is estimated to have grown by 3.7% in 2018 despite weaker performance in some Asian and European economies. The Global Risks Landscape 2020; The Global Risks Interconnections Map 2020; The Global Shapers Risk Landscape 2020 ; Risks for Doing Business 2019; Blogs and Opinions; Shareable Infographics; Press Release; Home. For other uses, see, BuzzFeedNews, Retrieved 19 May 2020. Thomson Reuters Foundation trust.org, Cities Are Key to India's Post-Pandemic Growth, Says Report, Centre for the Fourth Industrial Revolution, Schwab Foundation for Social Entrepreneurship. World Economic Outlook Update, June 2020: A Crisis Like No Other, An Uncertain Recovery June 24, 2020 Description: Global growth is projected at –4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. Ten thousand demonstrators disrupted a regional meeting of the World Economic Forum in Melbourne, obstructing the path of two hundred delegates to the meeting. This set of recommendations, endorsed by a global group of CEOs, was presented to leaders ahead of the G8 Summit in Toyako, Hokkaido, Japan held in July 2008.[71][72]. Opting to ride out the current period in the hope that the global system will “snap back” runs the risk of missing crucial windows to address pressing challenges. The WEF hosts an annual meeting at the end of January in Davos, a mountain resort in Graubünden, in the eastern Alps region of Switzerland. In a baseline scenario--which assumes that the pandemic fades in the … Now in its 14th year, the Global Gender Gap Report 2020 benchmarks 153 countries on their progress towards gender parity in four dimensions: Economic Participation and Opportunity, Educational Attainment, Health and Survival and Political Empowerment. Note: Global risks may not be strictly comparable across years, as definitions and the set of global risks have evolved with new issues emerging on the 10-year horizon. [112][113][114] The World Economic Forum has in this context filed legal complaints against at least three investigative articles by reporters Katie Gibbons and Billy Kenber that were published by the British newspaper The Times in March 2020. [17], In 2020, the Swiss police made the public aware that two "Russian spies", one of which was disguised as a plumber, had travelled to Davos with diplomatic passports prior to the Annual Meeting. Here you can see the on demand broadcast of the opening of FIZ Projekthaus Nord. Membership is stratified by the level of engagement with forum activities, with the level of membership fees increasing as participation in meetings, projects, and initiatives rises. GLOBAL ECONOMIC PROSPECTS | JUNE 2020 LATIN AMERICA AND THE CARIBBEAN 83 FIGURE 2.3.2 LAC: Outlook and risks Activity in Latin America and the Caribbean (LAC) is expected to contract in 2020 by far more than it did during either the global financial crisis or the 1980s Latin American debt crisis. Business accounts for most of the participants' background (1,595 conference attendees) with the remaining seats shared between government (364), NGOs (246) and press (234). Participation included more than 340 public figures, including more than 70 heads of state and government and 45 heads of international organizations; 230 media representatives and almost 40 cultural leaders were represented. Global Risks 2020: An Unsettled World. "A white badge means you're one of the delegates – you might be the chief executive of a company or the leader of a country (although that would also get you a little holographic sticker to add to your badge), or a senior journalist. Global Risks 2020: An Unsettled World; The Fraying Fundamentals; A Decade Left; Save the Axolotl; Wild Wide Web; False Positive; Methodology; Acknowledgements; Survey Results. Home - WORLD ECONOMIC FORUM 2020. [89] Ideas and proposals are taken forward for further discussion at the World Economic Forum Annual Meeting in Davos-Klosters in January.[88]. One of the methods is to achieve circular economy. [46] The Economist had found similar results in an earlier study, showing an underperformance of Davos participants against both the MSCI World Index and the S&P 500 between 2009 and 2014.[47]. It’s time to look at the human side of things. [10] Following the publication, the WEF excused the publication as "an unacceptable failure in the editorial process". [92] "The Great Reset" will be the theme of WEF's Annual Meeting in January 2021. Between 21 and 24 January, around 3,000 people from the fields of business, politics, science and culture from around 90 countries will travel to Davos to attend the World Economic Forum Annual Meeting 2020. The "Competitiveness Team"[56] produces a range of annual economic reports (first published in brackets): the Global Competitiveness Report (1979) measured competitiveness of countries and economies; The Global Information Technology Report (2001) assessed their competitiveness based on their IT readiness; the Global Gender Gap Report examined critical areas of inequality between men and women; the Global Risks Report (2006) assessed key global risks; the Global Travel and Tourism Report (2007) measured travel and tourism competitiveness; the Financial Development Report (2008)[57] aimed to provide a comprehensive means for countries to establish benchmarks for various aspects of their financial systems and establish priorities for improvement; and the Global Enabling Trade Report (2008) presented a cross-country analysis of the large number of measures facilitating trade among nations. [44], Next to individual participants, the World Economic Forum maintains a dense network of corporate partners that can apply for different partnership ranks within the forum. Later that month, the Swiss house of representatives (Nationalrat) also agreed to increase police and military expenditures to CHF 39 million while the Kanton of Graubünden contributes CHF 2.25 million, the same amount the WEF is paying for security costs. The project is funded by private and governmental donors, with an initial investment of US$460m from the governments of Germany, Japan and Norway, plus the Bill & Melinda Gates Foundation and the Wellcome Trust. The mix of hosting countries varies from year to year, but consistently China and India have hosted throughout the decade since 2000.[50]. Read. In his 2004 article "Dead Souls: The Denationalization of the American Elite", Huntington argues that this international perspective is a minority elitist position not shared by the nationalist majority of the people. Il tuo indirizzo email non sarà pubblicato. To its proponents, the organisation – through its meetings – enables business, NGOs and political leaders to meet and debate possible solutions to key issues of global concern. The new Manifesto will guide the next Forum on Jan. 21- 24, 2020. Worldwide economic stress and damage from natural disasters in 2018 totalled US$165 billion, and 50% of that total was uninsured. On his first international trip to Davos, he emphasized liberal economic policies despite his populist agenda, and attempted to reassure the world that Brazil is a protector of the rain forest while utilizing its resources for food production and export. [3][30] The participants are also taking part in role playing events, such as the Investment Heat Map. : +41 (0)22 869 1212 Fax: +41 (0)22 786 2744 E-mail: contact@weforum.org [23], The World Economic Forum claims to be impartial and that it is not tied to any political, partisan, or national interests. 27 Over 200 of the world’s largest firms estimated that … [6], Political leaders soon began to use the annual meeting as venue for promoting their interests. Since 2000, the WEF has been promoting models developed by those in close collaboration with the Schwab Foundation for Social Entrepreneurship,[52] highlighting social entrepreneurship as a key element to advance societies and address social problems. [14], In 2018, Indian Prime Minister Narendra Modi gave the plenary speech, becoming the first head of state from India to deliver the inaugural keynote for the annual meet at Davos. Female participation increased from 9% to 15% between 2001 and 2005. “In a June 2020 survey, conducted by the World Economic Forum’s COVID Action Platform, only 71.5% of participants reported that they would be very or somewhat likely to take a COVID-19 vaccine.” Follow Simon Kent on Twitter: Follow @SunSimonKent or e-mail to: skent@breitbart.com [20][21], Headquartered in Cologny, the WEF also has offices in New York, Beijing and Tokyo. Economically: the measured economic reality largely contradicts the established ideas of how the economy should actually work (despite economic upswings, wages and prices e.g. [16] Environmental concerns like extreme weather events, and the failure of climate change mitigation and adaptation were among the top-ranking global risks expressed by WEF attendees. The WEF's mission is stated as "committed to improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas".[1]. The World Economic Forum Annual Meeting, also known as Davos, took place Jan. 21–24 in Davos, Switzerland.With the theme “Stakeholders for a Cohesive and Sustainable World,” you might think that the stakeholders invited to attend Davos had firmly established their place in the highest rungs of business-oriented society. Annual Report 2019-2020 An account of the World Economic Forum’s milestone 50th year. In the article is mentioned that in Costa Rica the GDP is 4 times smaller than in many countries in Western Europe and North America, but people live longer and better. In this report the forum estimated that approximately half of the global GDP is dependent highly or moderately on nature and 1 dollar putted on nature restoration yields 9 dollars in profit.[61][62]. Una fase di transizione causata dal declino del mondo liberale occidentale per come lo abbiamo conosciuto nei decenni scorsi. Davos 2020: The race for global scale anuary 2020 7 The first Davos Forum inspired conversations around the dismantling of the gold standard, and emergence of the U.S. dollar as the world’s reserve currency. In an effort to combat corruption, the Partnering Against Corruption Initiative (PACI) was launched by CEOs from the engineering and construction, energy and metals, and mining industries at the annual meeting in Davos during January 2004. The Technology Pioneers of 2020 bring together 100 early to growth-stage companies from around the world that are pioneering new technologies and innovations, ranging from the use of artificial intelligence to diagnose cancers and quantum computing systems, to carbon capture and removing technologies, cell-grown meat production and use of microbiome to track goods. [13], In 2017, the WEF in Davos attracted considerable attention when for the first time, a head of state from the People's Republic of China was present at the alpine resort. [34] Not all the journalists are given access to all areas, however. According to political scientist Samuel P. Huntington, who is credited with inventing the phrase "Davos Man",[107] they are people who "have little need for national loyalty, view national boundaries as obstacles that thankfully are vanishing, and see national governments as residues from the past whose only useful function is to facilitate the élite's global operations". [76] The Ellen MacArthur Foundation, the International Resource Panel, Circle Economy and Accenture serve as knowledge partners. The Global Gender Gap Index 2020. [12] Despite protests by North Korea calling the decision by the WEF managing board a "sudden and irresponsible" move, the WEF committee maintained the exclusion because "under these circumstances there would be no opportunity for international dialogueun". [45] For 2019, Bloomberg has identified a total of 436 listed corporates that participated in the Annual Meeting while measuring a stock underperformance by the Davos participants of c. -10% versus the S&P 500 during the same year. ", "World Economic Forum: Our Members and Partners", "Davos's Global Elite Are Laggards in Stock-Market Performance", "The data of Davos: Who's on the Magic Mountain? Watch replays from World Economic Forum 2020 and learn more about the key takeaways organizations should amplify in 2020. Modi highlighted global warming (climate change), terrorism and protectionism as the three major global challenges, and expressed confidence that they can be tackled with collective effort. [117], "WEF" redirects here. United Nations Economic and Social Council, H.M. Queen Rania Al Abdullah of the Hashemite Kingdom of Jordan, Schwab Foundation for Social Entrepreneurship, Coalition for Epidemic Preparedness Innovations, Swiss Agency for Development and Cooperation, Learn how and when to remove this template message, Anti-WEF protests in Switzerland, January 2003, St. Petersburg International Economic Forum, "WEF director resigns over undeclared fees", "World Economic Forum revokes invitation to North Korea to attend the annual meeting in Davos", N. Korean fury over 'sinister' WEF Davos forum exclusion, "In Era of Trump, China’s President Champions Economic Globalization", "WEF Davos 2018 highlights: Narendra Modi warns of three global threats", Speech by the President of the Republic, Jair Bolsonaro, at the Plenary Session of the World Economic Forum – Davos, Switzerland, January 22, 2019, Global tension is hampering our ability to fight climate change, Davos survey warns, "Swiss police 'exposed Russian spies in Davos, "Swiss police found 'Russian spies' in Davos last year", "2021 World Economic Forum to be held in Singapore instead of Davos", "Special Annual Meeting 2021 to Take Place in Singapore in May", "Press Release: World Economic Forum Gains Formal Status in Switzerland", "New Forum Center to Advance Global Cooperation on Fourth Industrial Revolution", "The Leadership Team | World Economic Forum-The Leadership Team", "World Economic Forum, Leadership and Governance", "World Economic Forum, Governance and Leadership", "The Truth About Davos: Here's Why People Happily Pay $71,000+ To Come – And Why They'll Keep Paying More Every Year", "Sky-high Davos summit fees leave multinationals feeling deflated", "Forum Closes with Call to Action: Globalize Compassion and Leave No One Behind", "48TH WORLD ECONOMIC FORUM ANNUAL MEETING", "Economic, Financial and Banking Awareness 10 November 2019", "World Economic Forum - Who's Going to Davos?
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