WEF2020: Is Davos Becoming An Overpriced, Ineffective, Elite Talk Shop?

Riyaz Patel

It is that time of the year when world leaders, the business and economic elite and civil and cultural society bigwigs all converge on the Swiss ski resort of Davos for the World Economic Forum’s (WEF) annual meeting.

The Forum generates a lot of headlines but many are less than complimentary to the Alpine meeting of the world’s most influential political, economic and business leaders, claiming the annual meeting has big dreams but few achievements.

Around 2,800 global leaders, business people, policymakers and public officials are attending the event in the ski resort of Davos in Switzerland, representing the cream of the political and economic world.

That’s 300 fewer people than last year, which a WEF spokesperson said was because there are more meetings through the year, so the focus is on bringing the “most senior leaders” to Davos.

This has not stemmed criticism of the Forum and