The 49th World Economic Forum, known as the Davos Forum, began today on January 22 in the Swiss district of Davos-Klosters. For four days politicians, businessmen, and representatives from social and cultural organizations will gather to discuss global problems and identify solutions. This year, the forum will place special emphasis on international collaboration, giving the world a voice.
The 2019 summit will focus on “Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution.” With this mantra, the event aims to define new models for the creation of sustainable and inclusive societies in a growing, culturally pluralistic world.
“Globalization, as we know it, may have reached its peak, but global integration will continue. It is sustained by the technologies of the Fourth Industrial Revolution and the urgent need to address challenges such as climate change and biodiversity, the loss of jobs to automation, and a threat of rupturing global cooperation. These changes specifically impact the coming generations, which is why it is essential to forcefully participate in the construction of a new sustainable and inclusive global architecture,” the founder and executive chairman of the World Economic Forum Klaus Schwab said in a statement.
This “summit of summits” will address the world’s key challenges this year, based on five working principles. The first focuses on dialog, a fundamental theme in this year’s forum. The second focuses on globalization itself as something that must be responsible and responsive to regional and national concerns. The third calls for heightened international cooperation in the absence of multilateral cooperation.
The final two principles that underpin this year’s event are: addressing the biggest global challenges requires the collaborative efforts of companies, governments and civil society; and, global growth must be inclusive and sustainable.
Like previous years, Davos will have several co-chairs, among which there will be six young leaders, each under thirty, who will be accompanied by Satya Nadella, CEO of Microsoft. The co-chairs play a leading role in directing the discussion.