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News : Global Economy Last Updated: Jan 21, 2013 - 7:30 AM


World Economic Forum annual shindig opens in Davos this week
By Finfacts Team
Jan 21, 2013 - 7:26 AM

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Dmitry Medvedev, prime minister of the Russian Federation, David Cameron,  prime minister of the UK,  Angela Merkel, federal chancellor of Germany and Mario Monti, prime minister of Italy will address the World Economic Forum Annual Meeting 2013 in Davos-Klosters, Switzerland. The Annual Meeting will take place from 23 to 27 January under the theme Resilient Dynamism.

In its 43rd year, the mission of the World Economic Forum, the organisers say that the Annual Meeting remains the foremost creative force for engaging leaders in collaborative activities focused on shaping the global, regional and industry agendas. Under the theme “Resilient Dynamism”, the programme is built on the following pillars:

  • Leading through Adversity: Building Resilient Institutions, Improving Decision-Making, Strengthening Personal Resilience
  • Restoring Economic Dynamism: Achieving Inclusive Prosperity, Rebuilding Economic Confidence, Unleashing Entrepreneurial Innovation
  • Strengthening Societal Resilience: Reinforcing Critical Systems, Sustaining Natural Resources, Establishing Shared Norms

“To be resilient is to adapt to changing contexts, withstand sudden shocks and recover from them while still pursuing critical goals. We face a new reality of sudden shocks and prolonged global economic malaise, particularly in major economies experiencing economic austerity. Future growth in this new context requires dynamism – bold vision and even bolder action. Either attribute – resilience or dynamism – alone is insufficient, as leadership in 2013 will require both; thus, the theme of ‘Resilient Dynamism’,” said Klaus Schwab, founder and executive chairman, World Economic Forum.

Over 2,500 participants from more than 100 countries representing business, government, academia and civil society will participate in the 43rd World Economic Forum Annual Meeting.

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