A Quote by Richard Quest
Every year, the World Economic Forum decides on a theme for its meeting of the world's elite in Davos, Switzerland. Usually, it's highfalutin nonsense that no one understands and everyone ignores.
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My favorite conference so far has been Davos, the World Economic Forum. The people there were really incredible.
There is no better example of social and economic policy discussion as an idle pastime for the rich than the World Economic Forum at Davos. These guys make the millionaire schmoozers at the Aspen Ideas Festival look like short-order cooks.
But beginners to the World Economics Forum have to understand there is no single Davos experience, and there is no single Davos community either. There are numerous tribes who interact only at a minimal level.
Davos is probably the world's most elite society, but it dresses itself up as a non-elite event. Don't be fooled. You must wear a specially coloured badge, which shrieks your status to others.
I have the privilege of being the vice chair of the World Economic Forum's real estate council. In that role, I review a lot of economic data and original research from around the world.
The World Economic Forum Annual Meeting is the perfect place for a dialogue that brings together industry, civil society, U.N. agencies, and countries around a shared response to the challenge of protecting children against vaccine-preventable illness.
Although the ICRC and the World Economic Forum have separate missions, they both are centred on collaboration across sectors and between various actors in order to improve the state of the world.
Russia hosts a lot of forums, including the International Economic Forum in St Petersburg, [usually in the beginning of summer], as well as the Economic Forum in Sochi.
I figured if I could get really good people who were going to be able to have a big impact in the world over the next decade to come together once a year for ten years and actually sign a pledge to take action themselves, if we did that every year for ten years we could do a lot of good in the world. That's the difference between my meeting and any other. If you don't want to promise to do something, don't come to my meeting, stay home.
At Facebook we feel a lot of affinity not just for this community but for any community that is trying to do what Davos is trying to do, which is to share information. And Davos is doing it in a particular way - I think the Facebook approach is obviously more broad-based, we're trying to include everyone in the world. But the goal is the same: bring people together, to share information and make the world more connected, and have people have a deeper understanding of themselves, others, the communities of which they want to be a part and can be a part.
Switzerland has one of the highest per capita incomes in the world, the strongest currency and the largest financial center for foreign assets. And we're a small country with no natural resources. Switzerland is the world capital of dealing in stolen goods.
In Japanese organizations, before you have a meeting and you've got an idea that you want to get across, you go talk to everyone and list them. And then the meeting, you don't do it American style where everyone gets up and advocates and conflicts and decides, you get up and formalize agreements.
Public spending on infrastructure has fallen to its lowest level since 1947. And the U.S., which used to have the finest infrastructure in the world, is now ranked 16th according to the World Economic Forum, behind Iceland, Spain, Portugal and the United Arab Emirates.
When the World Economic Forum was established in 1971, the global population was four billion, of which 50% lived in poverty.
I think we need to be a superpower of human rights, of support for true grassroots democracy, not corporatist economic development, which suits our economic elite but has not been helpful to the cause of democracies around the world.
What we see today is a world movement represented by the World Social Forum, involving all sorts of interactions across cultures, not to create some new "ism," but to learn as we walk and to create more democratic forms of social organization that re-embed economic life in community.
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