Out of Davos…


It’s Davos week – the World Economic Forum Annual Meeting 2011. So, what’s on the docket this year?  According to interviews reported by the Financial Times, there will a focus on a “two-speed world economy” – a growing economy dominated by emerging markets (China, India, Brazil and Russia) with less in the advanced economies. Optimism, tinged with risks — the eurozone, inflation and commodities.

Of the 2,500 official delegates this year, it is reported that 1,400 are CEOs and other senior business executives.  Gillian Tett, writing for the FT, wrote an interesting article today about “Lonely CEOs flee hostile world for self-help group.” That’s a nice headline and she does write of CEOs as a lonely group needing support and hedging their social network. Yet, her article touches on much meatier subjects, such as “social inequality” being the issue delegates most want to debate, “CEOs are ineasily aware that hostility towards elites is rising.” “The future of the euro, for the Chinese-US relationship, Iran, Korea and commodity prices will all be hot topics.”  Looking forward to watching Davos 2011 develop.