World Economic Forum calls for consented efforts towards development

World Economic Forum calls for consented efforts towards development

The head of the World Economic Forum (WEF), has called on world leaders and elite business people to focus on ways of bringing the global economic gaps caused by the global crisis a way of attaining development.

Prof. Klaus Schwab, founder and executive chairman of WEF,that world leaders should bring their brains, souls, compassion, values and good nerves to this year’s event to ensure that there is an improvement in the state of the world- which is the core mission of the forum.

“We should look for solutions for the really fundamental issues. We should look at our future in a much more constructive, (and) in a much more strategic way,” Schwab said.

The four-day meeting, taking place in Davos- Switzerland since Wednesday,22nd,2014-  is a platform for world’s leaders and elite to probe a variety of underlining issues; under this year’s themes: “The Reshaping of the World: Consequences for Society, Politics and Business.”

Bridging gaps appears to be a key focus at WEF meeting this year, which brought together over 2,500 participants from almost 100 countries, including more than 1,500 business leaders and over 40 heads of state or government.

Prof Klaus Schwab also noted that business must help young people to find jobs asked the 120 global CEOs who make up the World Economic Forum’s International Business Council to join us in a new drive to reduce youth unemployment

“We believe leaders in business, government and civil society should make a collaborative, concerted and cohesive effort to address unemployment with urgency in 2014” Schwab said.

President Paul Kagame of Rwanda was one of the guest speakers at the forum alongside other speakers- Carlos Ghosn, John K. Defterios, Pierre Moscovici, Min Zhu, Nouriel Roubini, Ali Babacan- who focused on “Next Steps for Emerging Economies”- Competitiveness with continued global uncertainty, how robust are the drivers of emerging-market growth.

Speaking on Rwanda’s progress in the last twenty years, at a breakfast -a traditional side event at the World Economic Forum President Kagame explained to Rwanda’s case has been a vision, identifying our challenges, having plans to address issues and focus on activities that benefit its people.

“We have a vision based on identifying our challenges, having plans to address them and focusing on activities that will benefit our people.”

President Kagame added that the tragedy Rwanda experienced history continues to serve as a lesson to ensure that history never repeats itself:

At the Davos meeting, most participants have focused on debating the measures that can encourage a fundamental transformation in ways that reward businesses and innovators; inform regulators and policy makers, and support workers and communities.



About the author

Olive Ndaka is the Junior Editor for RwandaEye. An investor and young entrepreneur, she is a quick learner and has contributed many articles for RwandaEye in Kinyarwanda.

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