WEF

World Economic Forum


The Word Economic Forum (WEF) is a Geneva-based foundation whose annual meeting of top business leaders, national political leaders (presidents, prime ministers and others), and selected intellectuals and journalists is usually held in Davos, Switzerland.


The World Economic Forum is designed as a place for dialogue and debate about the major social and economic problems of the planet because: representatives of both the most powerful economic organisations and the most powerful political organisations are present; intellectuals also participate; and there is a generally informal atmosphere encouraging wide-ranging debate. Journalists have access to most sessions at the Annual Meeting in Davos, the majority of which are webcast live so that the debates can be open to a wider public. In all about 600 journalists from print, radio and TV take part in the meeting. Whilst business and political leaders make up the majority of participants, various UN organisations attend, as well as trades union leaders and religious leaders.
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