The annual meeting in Switzerland has engaged political, business and social leaders for the last four decades. The financial crisis of 2008 and the “Great Recession” of 2009 have raised particularly difficult questions about future directions of the global economy. Delegates to Davos will discuss the economic interdependencies, governance failures and systemic risks intrinsic to the world’s economic wellbeing, with a view to re-shaping the business models, financial innovation and risk management on which the developed and developing worlds rely. The success of nations with redesigning vital institutions, policies and regulatory environments will depend on their common vision, innovation and co-operation. Most importantly, that success will be built on widespread trust and confidence in the legitimacy of that redesign.
Follow the debate:
- at the official WEF website at http://j.mp/aikdlQ
- by following Twitter @Davos
- on Facebook at www.facebook.com/worldeconomicforum.
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