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WORLD ECONOMIC FORUM (WEF)

Jan. 21, 2019

The World Economic Forum (WEF) annual meet begins in Davos on January 21 with the theme 'Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution'.

About: 

  • HQ: Cologny-Geneva, Switzerland. 

  • Founded in: 1971. 

  • Status: Not-for-profit organization. Under the Swiss Host-State Act, it is recognized as an International Institution for Public-Private Cooperation. 

  • Mission: Improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas. 

  • Davos meet: 
    • Annually, it organizes a meeting at the end of January in Davos, a mountain resort in Graubünden, in the eastern Alps region of Switzerland. 

    • The meeting brings together some 2,500 top business leaders, international political leaders, economists for up to four days to discuss the pressing global issues. 



  • Reports published: It also produces a series of annual reports such as – 
    • Global Competitiveness Report, 

    • Global Information Technology Report, 

    • Global Gender Gap Report, 

    • Global Risks Report, 

    • Global Travel and Tourism Report, 

    • Financial Development Report and 

    • Global Enabling Trade Report. 



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