Davos meeting to focus on global economic governance under new situation

Source: Internet
Author: User
Keywords Davos global economy new situation
International online coverage (reporter Kishujie): The World Economic Forum 19th at its headquarters in Geneva, Switzerland, held a press conference, announced next week, the 41st annual meeting of Davos will be the theme of "Common norms under the new situation." The agency says the world economic landscape has changed significantly since the global financial crisis and economic crisis of 2008.  The problems of the current economic governance system exposed in the crisis, the bitter lessons and new phenomena and new trends in the economic field call for new global economic governance. Fixed in the last week of January the World Economic Forum, held in Davos, Switzerland, was the first of the world's top business events, known as the barometer of the global economy of the year. According to the practice of the World Economic Forum, the theme of the annual meeting is officially announced the day before the annual Davos meeting. 19th World Economic Forum founder Professor Klaus Schwab announced that the theme of the 41st Annual meeting, to be held from 26th to 30th this month, is "common principles in the new situation", and that under this theme, there are four separate issues, namely, addressing the new situation, economic prospects and the formulation of inclusive growth policies,  Support the action plan of the Group of 20 and the establishment of a global risk response mechanism. In explaining the subject, the Chairman of the World Economic Forum, Schwab, said that during the global economic crisis of the past two or three years, we had avoided the collapse of the global financial and economic system and had spent the most difficult period, but the consequences of the economy had not yet been fully digested and its effects continued to manifest Last year some countries because of the economic crisis of the impact of social stability has caused a high degree of vigilance, this year, such a shock wave needs the attention of all parties. Overall, the peak of the crisis has largely passed, now in post-crisis times. The World Economic Forum issued a press release, said that after the baptism of the crisis, the world economy has shown before the pattern is not the pre-crisis pattern, the global balance of power has changed, the developed countries in deep crisis and slow recovery, and emerging economies damaged by the crisis small and rapid recovery of growth. The government's function of boosting economic stimulus to save the country's economy has been strengthened, and interdependence among countries in the crisis has increased.  In addition to the impact of the crisis, the world also has a shortage of goods and natural resources, the emergence of revolutionary technology, such as new features, these are required to participate in political, business leaders serious discussion, everyone to contribute their views, together for the world to find suitable for the new situation in the development model. The World Economic Forum has put forward its own ideas for the new global governance. The first is the pulse of the current global economy, clearly facing deflation or inflation risk? Can some parts of the world avoid a double-dip recession or a jobless recovery? The second is to learn the lesson. The crisis requires countries to develop a balanced, sustainable and inclusive growth policy that balances social development in the future, requiring countries to abandon some of the past irrational and irresponsible ways of economic governance, and to require countries to enhance risk awareness and risk forecasting, mitigation and response capabilities. The World Economic Forum believes the crisis has pushed the group of 20 to the world stageCenter, making it the most promising institution for new global governance in the future, the group of 20 should be committed to rebuilding a genuine partnership between Governments and enterprises, so that enterprises can maintain innovation, forge ahead and create more jobs. The WEF also announced that more than 2,500 people from more than 100 countries would attend the meeting. The participants included some 30 heads of state and Government, more than 100 ministers, and hundreds of prominent executives and eminent academics. The most striking of these is the arrival of several great-power leaders. Russian President Dmitry Medvedev will make a special speech at the opening ceremony, the French President Nicolas Sarkozy to Davos another identity is the head of the group of 20 leaders, German Chancellor Angela Merkel on the European economic prospects to address. China is the focus of the annual meeting in Davos in recent years, and this year the Chinese government was represented by Commerce Minister Chen Deming. It is particularly noteworthy that this year is the 10 anniversary of China becoming a full member of the World Trade Organization, and that the Davos conference will hold a symposium on "China's accession to the WTO Decade", and the WTO Director-General Lamy will attend the meeting. In addition, ministers from several major economies, including China, the United States, Japan, India, the European Union, Australia and Brazil, will hold special meetings to discuss the early results of the Doha round negotiations that have lasted for 10 years.
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