What is World Economic Forum ?

[Manoj]

hi

[karan]

The World Economic Forum is an independent international organization 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

[karan]

When world leaders converge on Davos, Switzerland, on Wednesday for this year’s World Economic Forum, it will mark 45 years since German economist Klaus Schwab first brought together 450 leaders for what was then called the European Management Symposium.

[karan]

Schwab was a professor at the University of Geneva when he asked business leaders from around the continent to discuss how they were competing in a global marketplace, particularly against American firms.

[karan]

The European Management Forum, the group supervising the meeting, was based in the city of Chur—but Schwab chose Davos, a place otherwise known for skiing, as the site of the gathering.

[deepika2029]

The World Economic Forum is an independent and impartial International Organization for Public-Private Cooperation. Its objective is to improve the state of the world.

[karan]

And as the organization points out in its own internal history, the choice was about more than scenery.

[karan]

Davos was the setting for Thomas Mann’s novel The Magic Mountain.

[deepika2029]

It does not promote any political, commercial or personal interests, nor does it use the names of its participants for promotional purposes.

[daksh007]

The World Economic Forum Annual Meeting is the only yearly gathering that brings together leaders of global society.

[karan]

The book is the story of a young man who goes to Davos to stay at a sanatorium for three weeks and ends up spending seven years,

[deepika2029]

The Annual Meeting aims to be open and inclusive. Transparency and public inclusion are achieved through broad international media participation, televised sessions and webcasts, and through the Forum’s millions of followers social media.

[karan]

and TIME’s 1927 review of the work makes clear why it was an appropriate inspiration for such an event: “In the sanatorium, a high and chilly retreat, the perspective of life changes,” the reviewer opined.

[deepika2029]

The World Economic Forum is the International Organization for Public-Private Cooperation.

[karan]

The idiotic decadence, the absurdly microscopic preoccupations of humanity are emphasized by their isolation.”

[Abhishek]

World Economic Forum (WEF), international organization that convenes an annual winter conference, traditionally in Davos, Switz., for the discussion of global commerce, economic development, political concerns, and important social issues.

[deepika2029]

The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas.

[daksh007]

The heads and members of more than 100 governments, top executives of the 1,000 foremost global companies

[Abhishek]

Some of the world’s most prominent business leaders, politicians, policy makers, scholars, philanthropists, trade unionists, and representatives of nongovernmental organizations (NGOs) attend the meetings. Headquarters are in Cologny, near Geneva.

[karan]

When protagonist Hans Castorp returns to the world below the mountain, World War I is just beginning.

[daksh007]

The ongoing close collaboration with those communities in cooperation with a Network of Global Future Councils ensures the solution-oriented substance of the Annual Meeting

[deepika2029]

The Forum strives in all its efforts to demonstrate entrepreneurship in the global public interest while upholding the highest standards of governance. Moral and intellectual integrity is at the heart of everything it does.

[karan]

As it turns out, the residents of the sanatorium each in their own way represent the forces that led to the war, and their concern with their health at the spa can be seen to represent the distractions through which the world is able to ignore those forces until it’s too late.

[Abhishek]

Some of the world’s most prominent business leaders, politicians, policy makers, scholars, philanthropists, trade unionists, and representatives of nongovernmental organizations (NGOs) attend the meetings. Headquarters are in Cologny, near Geneva.

[deepika2029]

Our activities are shaped by a unique institutional culture founded on the stakeholder theory, which asserts that an organization is accountable to all parts of society.

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