The World Economic Forum has held a meeting every year since it was founded in 1971. But why is Davos, as it is commonly known, so significant?
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At any other time of the year, Davos is unremarkable other than being a popular ski resort high in the Swiss Alps.
But for one week in January, it becomes the focus of the world’s attention as the global elites all converge on the small alpine town for the annual meeting of the World Economic Forum (WEF). Why? To discuss the future direction of life on our planet and the pressing issues of the day.
So, what is WEF, what actually happens in Davos and why does it matter?
What is the World Economic Forum?
WEF was founded back in 1971 by Klaus Schwab, a Swiss-German economist and professor, in a bid to foster global cooperation on political, social, and economic issues.
The aim of the international not-for-profit…
