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The following article was published in our article directory on January 26, 2011.
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Davos Economic Forum Has Three Hotspot Topics

Article Category: Business

Author Name: Amanda xzh

At this time of year all the davos lively, large quantities of business, government and academia leaders from around the world to fly to the snow mountain town, attend the annual world economic BBS. This year there will be gathered over 2,500 representatives from davos, including over 30 heads of state and senior minister, more than 1,400 business leaders.

On January 26th began the five-day BBS period, representatives from all circles will around "under the new situation of common standards" this one theme discussion. In financial crisis clouds scattered, global asymptotic tough economic recovery of key date, participants will how to global economic recovery pulse. The reporter thought, this topic is expected to become the davos three BBS hot issue.

Topic: from the G8 to G20

The global financial crisis is the most serious perhaps the time has passed, but no one dares to at this time lightly. The world economy BBS (WEF) chairman schwab warned said: "the global financial crisis has to deal with the impact of ability just try exhaustion", global are encountering "fatigue syndrome", already cannot afford new significant impact.

It is the special situation after crisis era, let attendees more soberly realize the necessity of global collaboration. According to the meeting, the official materials BBS will take "the new situation of the common standards" as the theme, clarify the new situation, explore new standard, seek new challenges in the global cooperation together in an effective way.

It is worth noting, the davos BBS special launched a "support the G20 (G20) action plan". In the BBS agenda, not only have to globalization government management system, the G20 evolution, effective international organization of discussion, but also include redesigned international finance system, solid G20 collaboration issue. Former United Nations deputy secretary-general horse Locke brown said that this year G20 countries in 19 of the heads of state and senior minister will appear in davos, which replaced the had been leading group of eight (G8 BBS). So it seems G20 mechanism will become davos at the meeting "hot words".

It is reported, this second BBS admiral has more than 30 countries attended the summit, including Russian President dmitry medvedev, French President nicolas sarkozy, German chancellor Angela merkel, British prime minister Cameron and South African President zuma, etc. So far, the U.S. government sent the most massive represents is the finance minister cover Turner.

Topic no.2: to fire from the fire

In accordance with practice, the WEF BBS eve every year davos has issued a "global risk report", and this year's report seemed unusually heavy. In this report, the WEF lists the alarmed 37 major risks, compared to last year, which not only add a including climate change, geopolitical conflicts and government debt, obvious problem, also include such as immigration and technologies bring potential problems.

The report finds that 2011 challenges facing the world three risks, the primary is government financial problems will trigger a sovereign debt default risk. This tip let a person can't help remembering BBS's embarrassing things last davos. This time last year, in the Greek financial problems have clearly revealed occasion, Greek prime minister PaPanDeLiOu but at davos BBS's points on BBS said matter-of-factly, according to government have the ability to control debt problem. At that time, the participants unexpectedly in communicative global risk of 2010, ignoring cause global economy into a biggest uncertainty risk - Europe debt crisis.

Perhaps by uefa debt crisis "accidents" have an impact on the BBS of "risk" given more attention. Not only will establish BBS organizing committee "global risk response mechanism" into the main issue, but also invited last year "mistakes" PaPanDeLiOu recent year Greece in dealing with crisis of progress report.

"We must from fire extinguishing mode to model changes, otherwise the world will get into the risk management of the vicious circle orbit." Schwab said in an E-mail announced so much emphasis on.

Topic # 3: emerging market development influence

According to official statistics, davos in this year six davos BBS official joint chairman, there are three from Asia, and last year only one. In addition, this year from China, India and other emerging countries delegation size than ever, and according to a rough statistics, the Chinese delegation is ten years ago there were about five times, India delegation toll is four times as ten years ago.

Emerging market countries at davos influence not only enhanced embodied in attendance. Based on published agenda, this BBS directly on a group discussion about China has four, respectively is "the perspective of China", "China enterprise future", "China to global trade and growth of influence" and "modern China's new reality". The last group discussion of enrollment is attracted BBS can accommodate twice as many people.

But analysts reminds say, developing countries in the world economic system, the role of growing concern, but position did not get full approval, its development also exists many structural problems, it is necessary to maintain sober mind, vigilance in the world stage by "PengSha".

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