
With the only thing growing fast the gap between rich and poor, this year's economic conclave in Davos could be a gloomy one
More than 2,500 of globalisation's movers and shakers gather for their annual four-day mountaintop conclave this week, aware that the world is still being shaken by the events of half a decade ago.
When the World Economic Forum met in Davos in early 2009, it was against the backdrop of the collapse of US investment bank Lehman Brothers a few months earlier, and a contraction in activity that raised fears of a second Great Depression. Since then, hopes of a quick return to business as usual have been dashed by sluggish recovery, an incomplete repair job on banks, rising inequality, growing political alienation and concerns about extreme weather events and internet meltdown.
Klaus Schwab, founder and chairman of the WEF, has told the business executives, academics and government officials attending Davos this year that much remains to be done. "Economic growth patterns, the geopolitical landscape, the social contract that binds people together, and our planet's ecosystem are all undergoing radical, simultaneous transformations, generating anxiety and, in many places, turmoil," he said.
Much also remains to be done if the WEF is to make progress on the gender quotas it set four years ago. Then it told its 100 corporate partners - attracted to the Swiss resort by the opportunities to hammer out business deals behind the scenes - that they could bring a fifth representative only if it was a woman. Yet the percentage of women attending is just 16%.
Saadia Zahidi, head of gender parity and human capital at the WEF, says efforts are being made to push gender up the agenda. This year's theme is "Reshaping the world" and Zahidi points to six sessions, including a key event with Sheryl Sandberg of Facebook and the IMF's Christine Lagarde on on 25 January - though many delegates will have left by then.













