On Friday, January 20th, the World Economic Forum (which took place after a 3-year pause caused by Covid) ended in Davos, Switzerland.
Article written by M.M., International Politics expert, for The Young Economist.
The winter summit recorded record numbers with the presence of about 2,700 world leaders.
Numerous global issues were discussed, including the risk of global recession.
The intention would be to relaunch trade and investments.
The problem of inequalities in a world where the increasingly rich outweigh the increasingly poor and where inequality is the only thing that does not know crisis was widely discussed.
From the Oxfam report it emerges that the pandemic, inflation and expensive energy have had a huge weight on this problem.
The WEF finds itself dealing with the consequences of different and consecutive crises.
In fact, according to economists, the scenario for 2023 would be that of a global recession and the global chaos would be leading to a transformation of globalization as known so far.
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