World Economic Forum (WEF)

  • WEF is Swiss non profit foundation, based in Geneva.
  • Founded in 1971.
  • It works to improve the state of the world through public-private cooperation.
  • It serves as independent not-for-profit organization that works closely with other international organizations.
  • WEF is best known for its annual winter meeting for five days in Davos, a mountain resort in Graub√ľnden, in eastern Alps region of Switzerland.
  • The meeting brings together some international political leaders, 2,500 top business leaders, selected intellectuals, and journalists to discuss the most pressing issues facing the world.
  • The organization acts as a think tank publishing wide range of reports. Some of the most significant reports published by the forum includes
    • Global Competitiveness Report
    • Global Gender Gap Report
    • Global Risks Report
    • Global Travel and Tourism Report
  • These reports are published annually.
  • More than 1000 companies contribute to the funds of the forum.

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