Saturday, January 30, 2010




Who will participate

Participation in the World Economic Forum Annual Meeting is by invitation only and strictly limited to the criteria and quota of each stakeholder group.

Of the 2500 participants at the Annual Meeting, more than half come from the business sector. With over 900 chief executives from our Strategic, Industry, Regional Partners and Global Growth Company Partners, they represent the world’s foremost global corporations in the following sectors: Basic Industries, Consumer, Financial Institutions, Information Technology, Electronics & Telecommunications, Mobility, Energy, Health, Media, and Professional Services.

The non-business participants include:
- Government representatives of the world’s top 25 economies and fast-growing small countries, including heads of state and government, ministers of finance and economy, and ministers of foreign affairs as well as governors and mayors of the world’s top regions and cities.
- Civil Society leaders from international NGOs, trade union leaders, religious and faith community leaders, cultural and sports leaders.
- Thought Leaders related to the foremost challenges on the global agenda, heads of the Forum’s Global Agenda Councils.
- Academia: presidents of the world’s top universities, leaders of the world’s top think tanks, and experts related to particular issues in the programme
- Media: publishers, editors-in-chief, top columnists and economic editors

Other stakeholders include:
- Young Global Leaders from the Forum’s Community of Young Global Leaders, representing the voice of the future.
- CEOs of companies whose technologies are changing business models represented by the Forum’s Community of Technology Pioneers.
- Trade Union leaders
- Reporting press

Annual Meeting History Timeline

- In association with Qatar, Singapore and Switzerland, the World Economic Forum initiates a global, multistakeholder dialogue on a wider global cooperation system. The aim is to examine ways of improving global governance to meet a changing international reality.
- World leaders at the Annual Meeting 2009 celebrate the 10th anniversary of the UN’s Global Compact, which was launched at the Annual Meeting in 1999.
- The Annual Meeting 2009 provides a global platform for four heads of government from the G8 (Germany, Japan, Russia and United Kingdom) as well as from China and from G20 members in Africa, Asia and Latin America, to help the international community explore the origins of the financial crisis and to begin work on solutions based on a common understanding of the situation.

- At the Annual Meeting 2008, the Japanese Prime Minister Yasuo Fukuda unveils a five-year, US$ 10 billion fund to support efforts in developing countries to combat global warming. At the same Meeting, the Bill & Melinda Gates Foundation announces a US$ 306 million package of agricultural development grants.

- The Global Plan to Stop Tuberculosis (2006-2015) is launched by Nigerian President Olusegun Obasanjo, UK Chancellor of the Exchequer Gordon Brown and Bill Gates at the Annual Meeting 2006. The project – a coalition of over 400 organizations – aims to treat 50 million people and prevent 14 million tuberculosis deaths worldwide over 10 years.

- At the World Economic Forum’s Extraordinary Annual Meeting in Jordan, under the patronage of His Majesty King Abdullah II, the Arab Business Council is established in the aftermath of the war in Iraq to provide an important forum for shaping the future of prosperity and security in the Middle East.

- The Annual Meeting 2002 takes place in New York City as a gesture of solidarity in the aftermath of the attacks on 11 September.
- The Gates Foundation announces a contribution of US$ 50 million for AIDS prevention in Africa, including US$ 20 million to fund the trial of a promising microbicide that could offer women a breakthrough in protection against HIV/AIDS.
- The Annual Meeting 2002 serves as a platform for Canada’s Prime Minister Jean Chrétien to announce the creation of a 500 million Canadian dollar fund for Africa to support the objectives of the New Partnership for Africa’s Development through the implementation of the G8 Africa Action Plan.

- At the Annual Meeting 2000, World Health Organization Secretary-General Gro Harlem Brundtland announces a Global Alliance for Vaccines and Immunization (GAVI).

- UN Secretary-General Kofi Annan announces the Global Compact, to give a human face to the global market at the Annual Meeting 1999.

- Israeli Foreign Minister Shimon Peres and PLO Chairman Yasser Arafat reach a draft agreement on Gaza and Jericho at the Annual Meeting 1994.

- South African President F. W. de Klerk meets Nelson Mandela and Chief Mangosuthu Buthelezi at the Annual Meeting 1992, their first joint appearance outside South Africa and a milestone in the country’s political transition.

- North Korea and South Korea hold their first ministerial-level meetings at the Annual Meeting 1989; at the same Meeting, East German Prime Minister Hans Modrow and German Chancellor Helmut Kohl meet to discuss German reunification.

- Greece and Turkey turn back from the brink of war by signing the Davos Declaration at the Annual Meeting 1988.

- German Foreign Minister Hans-Dietrich Genscher urges participants to give Gorbachev a chance, marking a turning point in the Cold War.

2006-2009 HIGHLIGHTS


What is the role of business in advancing economic development and social progress?

The Business Solutions for Sustainable Food Production works to harness business expertise to generate sustainable, market-based solutions to address hunger and poverty.As part of the World Economic Forum’s Environment Team, the Climate Change Initiative supports several activities, led by the Gleneagles Dialogue on Climate Change.The Forum believes that Corporate Global Citizenship is fundamentally in the enlightened self-interest of global corporations since their growth is dependent on the state of the global social landscape.The Disaster Resource Network (DRN) is an initiative of the World Economic Forum designed to provide the humanitarian sector access to resources from the Engineering and Construction sector.The Energy Poverty Action (EPA) initiative is a private sector initiative created by several CEOs of leading energy companies during the World Economic Forum’s Annual Meeting 2005 in Davos.Further to the Monterrey Consensus, the Financing for Development Initiative in organized a series of multistakeholder expert consultations.

Through its reports the Global Competitiveness Network of the World Economic Forum identifies impediments to growth and thereby helps stimulate the development of relevant strategies.The Global Education Initiative has made significant progress in its overall objective to raise awareness and support the implementation of relevant national education sector plans on a global level.The Global Governance Initiative monitors the efforts of governments, the private sector, international organizations and civil society towards achieving the United Nations Millennium Development Goals.

The Global Health Initiative (GHI) was launched by Kofi Annan at the Annual Meeting 2002 in Davos. The GHI’s mission is to engage businesses in public-private partnerships to tackle HIV/AIDS and Health Systems.The Global Risk Network seeks to identify and assess key current and emerging risks to global business and the world economy that are systemic in nature.The Humanitarian Relief Initiative develops public-private partnerships (PPPs) that match the core competencies of the private sector with the priority needs of the global humanitarian community.The World Economic Forum and the Reinventing Bretton Woods Committee, in co-operation with selected finance ministries and are organizing a two year series of Public-Private Roundtables.The World Economic Forum works closely with leading technology companies, governments and experts to catalyse public private partnerships to reduce the Digital Divide.In an effort to combat global corruption, the World Economic Forum Partnering Against Corruption Initiative (PACI) was formally launched by CEOs in January 2004.The Forum develops Scenarios as part of its commitment to improving the state of the world. The decisions we make today create tomorrow.Increasing Water scarcity in many parts of the world is escalating the complex political and social dynamics generated when tackling water challenges.




Faith Communities

The World Economic Forum recognizes the importance of integrating religious perspectives into efforts for shaping global, regional and industry agendas.

Since 2001, the World Economic Forum has been engaging various faith communities in inter-faith dialogue, most notably through our Community for West-Islam dialogue, a dynamic community of business, political, religious, media and opinion leaders engaged in dialogue to promote understanding across different segments of society in the West and Muslim world. During this period, we have made significant achievements through constructive dialogue, support for action-oriented projects, awards to recognize significant contributions in this domain and, most recently, an Annual Report on the State of Dialogue.

The current work of the Faith Communities at the World Economic Forum has expanded beyond the focus on interfaith dialogue, embracing a broad agenda that explores the interactions between faith, religion, business, society and politics. The religious perspective is now integrated in a structured manner into the majority of the World Economic Forum's core work through the following workstreams:

Community of Global Religious Leaders
This influential global community engages leaders from the world's major religions in dialogue with each other and other stakeholders shaping the global agenda, such as political leaders, business leaders, Young Global Leaders and NGO leaders.

Global Agenda Council on Faith
The Global Agenda Council on Faith is a community of thought leaders and experts exploring the challenges that lie in the interactions between religion and society, religion and peacebuilding, and religion and business, and works on identifying the most efficient and actionable solutions to these challenges.

Benchmarking Series
In 2008, the World Economic Forum launched the first in the series of benchmarking reports focused on the state of dialogue between the Islamic and Western worlds Islam and the West: Annual Report on the state of Dialogue. In 2009, this report will embrace a broad agenda, exploring the key issues in the area of business, religion and multicultural workforces.

Community Partners and Supporters:
- HRH Prince Hussam bin Saud bin Abdulaziz al Saud, Saudi Arabia
- The Ronald S. Lauder Foundation, USA
- Xenel Group, Saudi Arabia

Contact For further information, please contact:

IMF Head urges caution on winding down economic stimulus

Adrian Monck, Head of Communications and Media, Tel.: +41 (0)22 869 1210, E-mail:

- Leaders must balance the desire to keep a list on public debt against the dangers of a double dip recession, said Managing Director Dominique Strauss-Kahn of the International Monetary Fund (IMF)
- Christine Lagarde, Minister of Economy, Industry and Employment of France says exit timing is critical
- For all information about the Annual Meeting, visit

Davos-Klosters, Switzerland, 30 January 2010 − Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF) in Washington DC, warned the world’s economic leaders to remain cautious as they examine exit strategies from the various stimulus packages they have implemented in response to the global economic crisis.

If we exit too late, public debt will be higher, he said at a panel on the Global Economic Outlook at the World Economic Forum Annual Meeting here today.But if we exit too early, there is the risk of a double-dip recession. In that case, I don’t know what we can do because we have used all of the tools. The probability is low, but the risk is high.He also noted that “Growth is better than expected, but still fragile. In large part, it is still supported by public funding.

Another problem highlighted by the IMF chief is the uneven pace at which the recovery is taking place around the world, with Asia and some other emerging market countries leading the way, and the United States and Europe lagging behind.

Christine Lagarde, Minister of Economy, Industry and Employment of France, and Member of the Foundation Board of the World Economic Forum, agreed that the timing of the exit is absolutely critical. She added that leaders will also have to carefully manage the frustration of their citizens during this process.

What we see in the United States and some other economies, said Lawrence H. Summers, Director of the US National Economic Council, is a statistical recovery and a human recession. The policies to contain the economic collapse have been successful. In my judgement, we will continue to grow at a moderate rate for the next several quarters. But what is disturbing is the high unemployment – which is cyclical, but also structural. In the US currently, one man in five between the ages of 25 and 54 is unemployed. Even after the recovery, according to projections, one in seven or one in eight will remain jobless.

Near the end of the session, Strauss-Kahn briefly sketched out the IMF’s plans for a US$ 100 billion Green Fund to promote low-carbon economic growth. The new growth model will be low carbon, he said. Efforts to address climate change cannot remain stalled because we cannot meet the financing needs.

Notes to Editors
More information about the Annual Meeting 2010 at
Programme of the Annual Meeting at
Connect with the Forum on other social networks
Press Releases at
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The World Economic Forum is an independent international organization committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas.

Incorporated as a foundation in 1971, and based in Geneva, Switzerland, the World Economic Forum is impartial and not-for-profit; it is tied to no political, partisan or national interests (


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