World Economic Forum 2021 to be Held in Singapore in May
8th December 2020 | Singapore
The World Economic Forum (WEF), an annual event in Switzerland held in every January and attracting world leaders, CEOs, billionaires and society leaders, will be held in Singapore from the 13th to 16th May 2021. A “Davos week” will also be held from 25th to 29th January 2021, with virtual events featuring world leaders, CEOs and society leaders.
” World Economic Forum 2021 to be held in Singapore “
The Special Annual Meeting 2021 (WEF)
The Special Annual Meeting 2021 (WEF) in Singapore taking place from 13th to 16th May 2021, will be the first global leadership event to address worldwide recovery from the pandemic. It will bring together global leaders to focus on shaping solutions to the world’s most pressing challenges.
In January 2021, a “Davos week” will be held from 25th to 29th January. The “Davos week” will host virtual events to focus on rebuilding trust and shaping principles, policies and partnerships. The Davos Agenda will feature participation from heads of state and government, chief executive officers, civil society leaders, global media and youth leaders from Africa, Asia, Europe, the Middle East, Latin America and North America. Link: Davos Week
Switzerland to Singapore
The change of location from Davos-Klosters, Switzerland to Singapore was decided in view of the COVID-19 cases and to safeguard the health and safety of the participants & hosts community. The World Economic Forum will return to Davos-Klosters, Switzerland for the Annual Meeting in 2022.
Klaus Schwab, Founder and Executive Chairman of the World Economic Forum:
” A global leadership summit is of crucial importance to address how we can recover together. The Special Annual Meeting 2021 will be a place for leaders from business, government and civil society to meet in person for the first time since the start of the global pandemic. Public-private cooperation is needed more than ever to rebuild trust and address the fault lines that emerged in 2020. ”
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The World Economic Forum
The World Economic Forum is the International Organization for Public-Private Cooperation. Established in 1971 as a not-for-profit foundation and headquartered in Geneva, Switzerland, it is independent, impartial and not tied to any special interests.
In the early 1970s, the Cold War between United States and Russia had split the world while the Vietnam war split America. With a growing oil crisis in 1970s, a German economics professor and engineer founded the World Economic Forum.
The World Economic Forum was founded by Professor Klaus Schwab, an engineer and economist in 1971. He created the “stakeholder theory” which means that company should serve all its stakeholders including employees, suppliers, and the community it is part, and not just only its shareholders. The vision for this socially responsible “stakeholder capitalism” became the guiding principle of the World Economic Forum.
He chose Davos as the home for the annual meeting for the escape from the everyday that the mountains represent in Swiss and German culture. In 2020, the World Economic Forum in Davos, Switzerland held its 50th annual meeting.