This is the 48th year of the World Economic Forum or WEF. If you do not know what is world economic forum, then let us enlighten you on this. World Economic Forum which is also conveniently called as WEF is a summit which is held annually where the leaders and experts come together from various countries and their area of specialization to discuss the matter of international importance.
This year, the Annual Meeting of the World Economic Forum 2018 is starting on 23rd January and is likely to end on 26th January. This conference is going to be held in Davos, Klosters, Switzerland. The theme of this year is quite interesting and introspective. The theme, “Creating a Shared Future in a Fractured World”, makes an effort to renew the global commitment to the international collaboration to solve the existing global challenges
This is the meeting which is going to be attended by more than 2500 participants. The participants Are expected to arrive from over 100 countries. More than 400 sessions will be held in the four-day conference. The readers can find more info on www.weforum.org
2,500 leaders will represent different industries and streams of business, government, international organizations, civil society, academia, media, and arts. The main ambition of the meeting will be to crate an agenda that initiates greater multistakeholder collaboration so that the political, economic and societal challenges of our times are addressed.
In the present century, the global context today has revolutionized critically. The geostrategic gaps have come yet again on different aspects with wide-ranging political, economic and social consequences. By doing a brain storming in more than 400 sessions, the program will try to make an effort to involve the leading personalities in a new shared narrative to make the world better.
In a statement, the Founder and Executive Chairman of the World Economic Forum, Klaus Schwab says, “Our collective inability to secure inclusive growth and preserve our scarce resources puts multiple global systems at risk simultaneously. Our first response must be to develop new models for cooperation that are not based on narrow interests but on the destiny of humanity as a whole,”
The communities at the World Economic Forum 2018 will aim at creating a positive change through these 14 distinct System Initiatives:
- Shaping the Future of Consumption
- Shaping the Future of Digital Economy and Society
- Shaping the Future of Economic Progress
- Shaping the Future of Education, Gender and Work
- Shaping the Future of Energy
- Shaping the Future of Environment and Natural Resource Security
- Shaping the Future of Financial and Monetary Systems
- Shaping the Future of Food Security and Agriculture
- Shaping the Future of Health and Healthcare
- Shaping the Future of Information and Entertainment
- Shaping the Future of International Trade and Investment
- Shaping the Future of Long-Term Investing, Infrastructure and Development
- Shaping the Future of Mobility
- Shaping the Future of Production
The participants at the meeting will talk about these agendas:
- The Global Agenda
- The Geopolitical Agenda
- The Economic Agenda
- The Regional and National Agenda
- The Industry and Business Agenda
- The Future Agenda
India and World Economic Forum at Davos
Modi is the first Indian PM to attend in over 2 decades. Donald Trump 1st US President to attend since Bill Clinton in 2000.
Modi Led a high powered delegation and over 100 CEOs including Mukesh Ambani, Chanda Kochar, Uday Kotak.
Bollywood was represented by Shahrukh Khan and Karan Johar.
Shah Rukh Khan, along with actor Cate Blanchett and singer-songwriter Elton John, received awards at the World Economic Forum in Davos on Monday for the work raising awareness about human rights issues. The 52-year-old Bollywood star received the award for showing an exemplary commitment to uphold human dignity through his non-profitable Meer Foundation.
Meer Foundation provides support to female victims of acid attacks and major burn injuries through medical treatment, legal aid, vocational training, rehabilitation and livelihood support. He has also been responsible for creating specialised children’s hospital wards and has supported childcare centres with free boarding for children undergoing cancer treatment.
Karan Johar shared the stage along with renowned cellist Yo-Yo Ma, Alice Bah Kuhnke, Minister for Culture and Democracy of Sweden and Arlie Russell Hochschild, Professor of Sociology at the University of California. The panel was discussing “Can we avoid the spread of so-called ‘culture wars’?” Talking on the matter Karan said, “You cannot enforce culture or imbibe it. There are immense economic and social problems, but sometimes the main papers and politicians don’t talk about them because they are focused on a film. It’s empowering to the film industry, but it’s ridiculous.” Recounting a time he was accused of being ‘non-Indian’ for casting a Pakistani actor in one of his films, Karan said, “Art should not have boundaries but then culture and patriotism is thrown at the artists.”
