Re: What is World Economic Forum ?

[daksh007]

World Economic Forum is an independent and impartial International Organization for Public-Private Cooperation.

[Abhishek]

The conference was founded by Klaus Schwab, a German scholar of business policy and a professor at the University of Geneva, who in 1971 organized a meeting of European corporate leaders interested in making their businesses competitive with American firms.

[Abhishek]

A tremendous success, the gathering inspired Schwab to establish the European Management Forum, which would facilitate such conferences annually in the isolated town of Davos, selected to ensure privacy.

[daksh007]

World Economic Forum is an independent and impartial International Organization for Public-Private Cooperation.

[Abhishek]

In the mid-1970s the group added political and social topics to its conference agenda and became a membership organization afforded to the world’s leading 1,000 companies (1976).

[karan]

The World Economic Forum again brings together the forces of the world at Davos, but now with a hope that the mountain air—and après-ski atmosphere—will help cut through its many distractions.

[Abhishek]

By the end of the decade it had begun sponsoring regional meetings in other parts of the world.

[Abhishek]

The group assumed the name World Economic Forum (WEF) in 1987 to reflect the importance of global economic and political issues, including poverty, environmental problems, and international conflict, which it immediately began working to resolve.

[daksh007]

Complexity, fragility and uncertainty are potentially ending an era of economic integration and international partnership that began in 1989. What is clear is that we are confronted by profound political, economic, social and, above all, technological transformations.

[Abhishek]

Perhaps the WEF’s most memorable conflict resolution was its successful facilitation in 1988 of the “Davos Declaration,” a no-war agreement signed by Greece and Turkey, which were then on the brink of war because of underwater research being conducted by Turkish entities in areas near the Greek islands.

[karan]

As TIME explained in 2010, the conference’s scope continued to expand until the name no longer fit.

[Abhishek]

The WEF subsequently helped pave the way for some significant diplomatic breakthroughs, such as the first ministerial-level meeting between North and South Korea (1989); the first face-to-face meeting between African National Congress Pres.

[daksh007]

The World Economic Forum’s Annual Meeting convenes global leaders from across business, government, international organizations, academia and civil society in Davos for strategic dialogues which map the key transformations reshaping the world.

[kavita123]

The World Economic Forum is the International Organization for Public-Private Cooperation.The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas.

[Abhishek]

Nelson Mandela and South African Pres. F.W. de Klerk (1992), which proved influential in South Africa’s subsequent rejection of apartheid; and the drafting of the Gaza-Jericho Agreement (1994; also known as the Cairo Agreement), a peace treaty reached by Palestinian Liberation Organization chairman Yāsir ʿArafāt and Israeli Prime Minister Shimon Peres.

[daksh007]

The World Economic Forum (WEF) is a Swiss nonprofit foundation, based in Cologny, Geneva, Switzerland. Recognized by the Swiss authorities as an international body, its mission is cited as "committed to improving the state of the world by engaging business

[kavita123]

It was established in 1971 as a not-for-profit foundation and is headquartered in Geneva, Switzerland. It is independent, impartial and not tied to any special interests. The Forum strives in all its efforts to demonstrate entrepreneurship in the global public interest while upholding the highest standards of governance.

[daksh007]

Forum is best known for its annual meeting at the end of January in Davos, a mountain resort in Graubünden, in the eastern Alps region of Switzerland.

[Abhishek]

Despite these successes, however, the WEF was heavily criticized in the late 1990s by antiglobalization activists, who accused the organization of disenfranchising poorer countries through an excessive promotion of global capitalism. The American political scientist Samuel P.

[Abhishek]

Huntington labeled the group “a watering hole for the elite” and coined the term “Davos Man,” a pejorative reference to the WEF member, whom he believed possessed an erroneous sense of international identity.

[daksh007]

The meeting brings together some 2,500 top business leaders, international political leaders, economists, and journalists for up to four days to discuss the most pressing issues facing the world. Often this location alone is used to identify meetings, participation, and participants with such phrases as, "a Davos panel" and "a Davos Man".

[Abhishek]

Protests over the group’s activities continued into the early 21st century, and the group responded by extending forum invitations to NGOs and developing countries and introduced the Open Forum Davos (2003), a free public forum held in parallel with the WEF.

[Abhishek]

The WEF also serves as a think tank, and in this capacity it has launched a series of global economic enterprises, including the Global Health Initiative (2002)..

[Aditya992000]

The World Economic Forum (WEF), based in Cologny-Geneva, Switzerland, was founded in 1971 as a not-for-profit organization. It gained formal status in January 2015 under the Swiss Host-State Act, confirming the role of the Forum as an International Institution for Public-Private Cooperation.

[daksh007]

forum was founded in 1971 by Klaus Schwab, a German-born business professor at the University of Geneva. First named the "European Management Forum", it changed its name to the World Economic Forum in 1987 and sought to broaden its vision to include providing a platform for resolving international conflicts.

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