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By: Aakash Patel & Shawon Anderson

By: Aakash Patel & Shawon Anderson. Brief History. Founded in January, 1971 by Klaus Schwab, a professor of business policy at the University of Geneva. Started off when a group of European business leaders met under the patronage of the European commission and industrial associations.

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By: Aakash Patel & Shawon Anderson

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  1. By: Aakash Patel & Shawon Anderson

  2. Brief History • Founded in January, 1971 by Klaus Schwab, a professor of business policy at the University of Geneva. • Started off when a group of European business leaders met under the patronage of the European commission and industrial associations. • The forum is perhaps the most widely known economy for its Annual Meeting in Davos, a mountain resort in the eastern Swiss Alps region commonly known as the Davos summit.

  3. Countries Involved • http://www.weforum.org/issues/global-gender-gap • The countries ranked in the bottom three according to gaps between genders are starting from last, Yemen, Pakistan, and Chad. • The countries ranked in the top three are starting from first, Iceland, Finland, and Norway. • Canada is ranked at 21st, while the United States is 22nd. Bottom three Top three

  4. Main Objective • The purpose of the World Economic Forum is to bring together, both government and businesses to create partnerships. • Public private partnerships are a way of creating investment by business in government through a business partnership agreement for profit.

  5. Benefits of Global Trade • The benefits of trade are higher growth of business and poverty reduction. • It allows countries to take the benefits of specialization, leading to competition in domestic markets and increasing choice for consumers.

  6. Limitations of the WEF • Tight security measures around Davos have kept demonstrators from the resort, and most demonstrations are now held in Zürich, Bern or Basel.This was because protesters got angry and smashed windows of a local McDonald’s. • The WEF is a non-profit organization, therefore any profits that are made are consumed by the Swiss government.

  7. Other Interesting Facts • In 1979, the forum became the first non-government institution to initiate a partnership with China’s economic development commissions. • In 2005, actress Sharon Stone raised $1 million in five minutes for malaria at the Davos summit. • In May of 2006, member countries launched the Business Alliance Against Chronic Hunger. The group aimed to help with hunger problems around the world.

  8. Sources http://www.weforum.org/ http://www.weforum.org/history

  9. Pop Quiz Everyone! • What are the bottom three countries in gender gap which are a part of WEF? A) Yemen, Pakistan, and Chad B) India, U.A.E, and Qatar C) Canada, U.S.A, and Mexico • What are the top three countries in gender gap which are a part of WEF? A) Jamaica, Bahamas, and Barbados B) Brazil, Argentina, and Uruguay C) Iceland, Finland, and Norway

  10. Conclusion • We hope you enjoyed our presentation on the World Economic Forum! 

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