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The World Economic Forum is holding its annual meeting in Davos.
Why is WEF important?
The WEF summit is attended by people from across the political and corporate world, including heads of state, policy makers, top executives, industrialists, media personalities and technocrats.
What are the main initiatives?
How is WEF received outside?
While the WEF sees large-scale participation from top industry, business leaders, civil society and international organizations each year, it has been criticized for being more of a networking hub than a nebula of wisdom or a platform to find effective solutions to global issues.
The forum, which provides opportunities for collaboration through dialogue, has also been criticized for lack of representation from various sections of civil society and for lack of effective solutions.
About the World Economic Forum:
It is a Swiss nonprofit foundation established in 1971, based in Geneva, Switzerland.
Founder and Executive Chairman: Klaus Schwab.
Some major reports published by WEF are: