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What to look out for at Davos 2019

31 11 7
22.01.2019

THE world’s business and political elite are descending on the snowy streets of Davos in the Swiss Alps for the opening day of the annual World Economic Forum (WEF) four-day conference.

Plenty of time will be spent partying with Russian oligarchs and quaffing champagne, but they will also find time to tackle some of the world’s most pressing issues. Top of the agenda – ironically – is wealth inequality.

Davos has been criticised in the past as being nothing more than a fancy networking event. With over 3,000 business, political and cultural leaders from across the globe meet to forge business partnerships, showcase the latest in technology and science advancements, and also debate solutions to the big crises facing the world today.

SEE ALSO: World’s richest 1pc bagged 82pc of all the wealth created in 2017

This year is no different. The theme for 2019 is “Globalisation 4.0: Shaping the Global Architecture in the Age of the Fourth Industrial Revolution.” And these are the big topics up for solving over the next few days:

Inequality

Despite being the lead champions of globalisation, the WEF is recognising it’s a system that hasn’t worked for all. With skyrocketing inequality, a return to protectionism and the rise of nationalist politics, they fear the theory they supported has failed to be........

© Asian Correspondent