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Davos 2018: What is the World Economic Forum and why is Donald Trump speaking? | The Independent

What is the purpose of this annual elite get-together in the Swiss mountains?  What actually goes on there? Does it really do any good? And what is the US President likely to say?

Some of the richest and most powerful people in the world are currently travelling to the World Economic Forum, which officially begins on Tuesday in Davos.

But what is the purpose of this annual elite get-together in the snow-bound Swiss mountains?  What actually goes on there? Does it really do any good? And what on earth will Donald Trump say?

What is Davos?

It began as a small conference on management in 1971. The founder, Klaus Schwab, had the modest goal of introducing American management techniques to underperforming European firms.

But Davos has exploded since those humble beginnings into a sprawling annual gathering of around 3,000 of the world’s elites from the worlds of business, finance, politics and public affairs.

The WEF describes its official mission as “improving the state of the world”.

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Sorgente: Davos 2018: What is the World Economic Forum and why is Donald Trump speaking? | The Independent

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