World Economic Forum

World Economic Forum (WEF),

independent international organization that seeks to improve the state of the world by encouraging partnerships between the public and private sectors, est. 1971 by the German-born Swiss business professor Klaus Schwab. Originally known as the European Management Forum, it was renamed (1987) when its focus broadened to cover international areas of concern. The WEF has its headquarters in Geneva.

The WEF provides arenas in which individuals from the highest echelons of global business, politics, academia, and civil society can meet to define a wide range of problem areas, discuss them, and create initiatives aimed at rectifying them. It sponsors an influential annual forum at Davos, Switzerland, as well as various regional summits and smaller meetings and conferences. Participants at Davos include representatives of the world's leading corporations (who also fund the WEF), heads of states and other politicians and diplomats, leaders of nongovernmental organizations, economists and labor leaders, religious leaders, and journalists.

1. An annual meeting of global business, political and academic leaders in Davos, Switzerland. Participants in the World Economic Forum discuss the economic, political, environmental and other relevant issues of the day. The World Economic Forum lasts for five days and includes of 220 conferences and other events. Meetings tend to promote globalization. As a result, the forum has been the subject of controversy.

2. A nonprofit foundation that sponsors the World Economic Forum as well as regional and specialized meetings. It was founded in 1971.

单词	world economic forum
释义	World Economic Forum World Economic Forum (WEF), independent international organization that seeks to improve the state of the world by encouraging partnerships between the public and private sectors, est. 1971 by the German-born Swiss business professor Klaus Schwab. Originally known as the European Management Forum, it was renamed (1987) when its focus broadened to cover international areas of concern. The WEF has its headquarters in Geneva. The WEF provides arenas in which individuals from the highest echelons of global business, politics, academia, and civil society can meet to define a wide range of problem areas, discuss them, and create initiatives aimed at rectifying them. It sponsors an influential annual forum at Davos, Switzerland, as well as various regional summits and smaller meetings and conferences. Participants at Davos include representatives of the world's leading corporations (who also fund the WEF), heads of states and other politicians and diplomats, leaders of nongovernmental organizations, economists and labor leaders, religious leaders, and journalists. World Economic Forum World Economic Forum 1. An annual meeting of global business, political and academic leaders in Davos, Switzerland. Participants in the World Economic Forum discuss the economic, political, environmental and other relevant issues of the day. The World Economic Forum lasts for five days and includes of 220 conferences and other events. Meetings tend to promote globalization. As a result, the forum has been the subject of controversy. 2. A nonprofit foundation that sponsors the World Economic Forum as well as regional and specialized meetings. It was founded in 1971. AcronymsSeeWEF
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