World Economic Forum Meeting opens in Davos
By Jerin Mathew | January 23, 2013 7:16 PM EST
The annual meeting of the World Economic Forum has opened in the Swiss town of Davos, bringing together about 2,500 participants from more than 100 countries and over one-thousand international organisations.
Participants of the invitation-only forum include global leaders, heads of industry and representatives of non-governmental organisations. David Cameron, Prince Andrew, Russian Prime Minister Dimitry Medvedev and billionaire Bill Gates are some of the high-profile personalities attending the meeting.
The WEF is an independent international organisation that says its aim is to improve the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.
The six-day meeting will have about 300 sessions and workshops, in which the participants will discuss issues related to global economic growth and structural changes in business models.
The theme of the 2013 Davos Forum is "resilient dynamism", suggesting that the world's leaders must now come up with new ideas for global, economic stability in a better environment than last year, which was primarily hurt by the crisis in the eurozone.
Earlier, a survey of 390 experts published by the forum revealed that the global economic confidence has improved due to positive signals from the eurozone and tackling of the "fiscal cliff" issue in the US.
Additionally, the forum will discuss the issue of managing the transition from a world controlled by the developed economies to a new world in which emerging countries are playing a major role. The International Monetary Fund projects that the developed countries' share in global GDP in current dollars will decline to 56 percent by 2017.
German Chancellor Angela Merkel, Italian Prime Minister Mario Monti, Chancellor of the Exchequer George Osborne, former UK PM Grodon Brown, IMFdirector Christine Lagarde, billionaire George Soros and Israeli defence minister Ehud Barak are all expected to attend the meeting.
To contact the editor, e-mail:
Most Popular Slideshows
- NFL Recap - Week 4: Green Bay Packers 38, Chicago Bears 17 [PHOTOS]
- Derek Jeter With The New York Yankees Through The Years [IN PICTURES]
- Photos Of George Clooney And Amal Alamuddin, They Get Married Again On Monday [Slideshow]
- Taylor Swift's Famous Ex-Boyfriends: From Harry Styles To Joe Jonas [PHOTOS]
Join the Conversation
- 3 Signs Nexus 6, 8 Release Date Nears: Leaked Pics, KitKat Factory Image & Android L Details Emerge
- Samsung Galaxy Note 4 Available Through O2 For £380, Other Carriers To Follow Soon
- Apple iPhone 6 vs. OnePlus One: With Invitation-Only Model Rested, OnePlus One Can Be A Real Threat To iPhone 6
- ISIS Supporters are Walking Among the Many in the United States – Report
- ISIS Receives Food, Ammunition Due To Mistake Of Iraqi Pilots
- New Windows OS Is Not Windows 9, Microsoft To Launch Windows 10 As New OS Build
- Airstrikes Against ISIS Has Claimed Innocent Lives In Syria, Dubbed ‘Ineffective’ By Jihadi Fighters, US Military To Ask For More Spending Money