Tuesday, January 25, 2011

World Economic Forum- Davos


Does the World Economic Forum represent the world?

THE World Economic Forum’s annual shindig begins on January 26th in the Swiss ski resort of Davos-Klosters. Now in its 30th year, the invitation-only event is a forum for around 2,000 delegates to discuss and even remedy the world’s ills, twice as many as came in 2001. The ostentatious location of the gathering is enough to earn it accusations of elitism, and indeed it has faced much criticism for appearing to act only in the interests of the rich world. But in recent years China and India have begun to take more seats at the proverbial table, advances that finally reflect their increasing economic prowess. The chart ascribes nationality according to place of work, so Switzerland's representation at the forum—disproportionate to its contribution to world GDP—owes much to the presence there of many non-governmental organisations.

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