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Prof. Klaus Schwab
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Professor Klaus Schwab is the Founder and Executive Chairman of the World Economic Forum, an independent, impartial, not-for-profit Foundation committed to improving the state of the world. Since its inception in 1971, the Forum has become the world’s foremost multistakeholder organization and has been a driver for reconciliation efforts in different parts of the world, as well as the catalyst of numerous public-private partnerships and international initiatives.

Entries by Prof. Klaus Schwab

A Quiet Transformation in Climate Change

(0) Comments | Posted September 23, 2014 | 4:03 PM

It is estimated that the impact of climate change already reduces global GDP by 1.6 percent every year. The Global Commission on Economy and Climate has noted that as temperatures warm towards a 2 degree C rise, up to 2 percent more GDP could be lost each year by 2050,...

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Schweiz: Die grundsätzliche Frage unserer Identität

(0) Comments | Posted March 17, 2014 | 11:36 AM

Das Abstimmungsergebnis vom 9. Februaren der Schweiz wirft die jeden Menschen sein ganzes Leben bewegende Frage auf, wie wir in unserer globalisierten Welt unsere eigene Identität definieren und erleben. Identität heisst, Gemeinsamkeiten bewusst zu machen und uns damit als eigenständige Gemeinschaft abzugrenzen. Gerade in unserer Welt, die durch so raschen...

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Breaking the Impasse in the Middle East

(53) Comments | Posted May 27, 2013 | 11:18 PM

The situation in the Middle East is grave. War in Syria threatens to drag the region into prolonged conflict. Sectarian strife is tearing countries and communities apart. Fully 85 million -- some 30 percent -- of Middle Eastern youth are in need of a job that will enable them to...

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The Re-emergence of Europe: Rebuilding Europe's Global Brand

(9) Comments | Posted January 21, 2013 | 8:01 AM

At a time when Europe seems divided, lacking vision and, according to some pundits, on the point of collapse, how can we reignite that shared vision and enthusiasm its founders had? How can we rebuild Europe as global brand capable of competing with the rest of the world?

A first...

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The Re-emergence of Europe: Tackling Europe's Youth Unemployment

(12) Comments | Posted January 20, 2013 | 10:00 AM

The European debt and banking crises have had a devastating impact on youth unemployment across the region. Millions of young people today face the prospect of becoming a lost generation living through a lost decade, and many worry that they have no future. Their trajectory, in contrast to that of...

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The Re-emergence of Europe: Why Exiting the Euro Is a Bad Idea

(29) Comments | Posted January 19, 2013 | 9:30 AM

At the height of Europe's debt and banking crisis it seemed temptingly easy to simply jettison the euro altogether and opt for national devaluation.

Sometimes, if a country's currency is overvalued in real terms and it looks like the current account is going to be in deficit for the...

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The Re-emergence of Europe: Europe's Credibility Gap

(10) Comments | Posted January 18, 2013 | 8:03 AM

Have Europe's citizens lost faith in the European project? If so, why, and what could we do to reignite a sense of common purpose?

For many years prior to the 1990s, European integration was embraced and supported by a large majority of citizens. A united Europe, bound by commonly-held democratic...

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The Re-emergence of Europe: Restoring Europe's Competitiveness

(34) Comments | Posted January 17, 2013 | 8:20 AM

The European Union, which comprises 27 member states, currently suffers from "competitiveness deficit" compared to other advanced economies. It has lagged behind the U.S. for the last two decades and, if we look at gross domestic product per capita, the gap has actually widened over that period.

Why is this...

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The Re-emergence of Europe: The Fallout From Europe's Debt and Banking Crisis

(58) Comments | Posted January 16, 2013 | 7:35 AM

How did the European debt and banking crises arise? And what are the consequences? One reason some European countries got themselves so heavily into debt was the robustly enforced anti-inflationary stance of the European Central Bank (ECB). Interest rates fell across the board as a consequence and it became so...

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Europe Has Nothing to Fear But Fear Itself

(124) Comments | Posted December 13, 2012 | 6:00 PM

The eurozone will not break up. The price of departure is simply too great for any one country. Indeed, when Mario Draghi announced on 6 September that the European Central Bank (ECB) would undertake unlimited purchases of government bonds, the continent crossed the bridge to its future.

Europe's leaders must...

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The End of Capitalism -- So What's Next?

(952) Comments | Posted April 13, 2012 | 10:45 AM

This year's World Economic Forum in Davos saw intense debate about the future of capitalism. Many participants were asking whether capitalism, with all of its excesses, still has a place in today's world. The media, meanwhile, speculated that if even managers and bankers were raising doubts about the system's future,...

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Beating the Burnout

(177) Comments | Posted January 23, 2012 | 8:18 AM

Burnout is a condition associated with exhaustion, stress, pessimism, cynicism, withdrawal and a bunker mentality. These symptoms are worrying in an individual, but can be disastrous in world affairs. In the run-up to the Annual Meeting of the World Economic Forum in Davos, there is a distinct sense of burnout...

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Remembering Tragedy and Human Solidarity

(0) Comments | Posted September 7, 2011 | 10:07 AM

On 10 September 2001, my wife and I arrived in New York as I was to receive the Candlelight Award from UN Secretary General Kofi Annan. We will never forget the warm atmosphere characterizing this special evening. We stayed close to Central Park.

On 11 September, I left the...

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Survival in the Age of Complexity

(12) Comments | Posted July 12, 2011 | 12:26 PM

The advent of technology has fundamentally changed our lives, but one thing is for sure: the velocity of technological change will accelerate in an exponential manner with significant ramifications for all of us. Just imagine: over half of the scientists and engineers who have ever lived are alive today. China...

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Challenge for Global Cooperation

(44) Comments | Posted May 20, 2011 | 9:55 AM

The state of the world is fraught with unprecendented imbalances and tremendous risks, and institutions are struggling to keep up with the changing times.

From a lack of progress on international trade and climate change negotiations to challenges involved in meeting energy and food security and the Millennium Development...

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The Titanic Syndrome and Frontier Risks

(117) Comments | Posted March 18, 2011 | 2:12 PM

The potentially critical situation at the Fukushima Daiichi power station in Japan underlines the limits of even the best engineering minds working at the frontiers of their field. Almost 100 years ago, the world was confronted with the same limitations to human ingenuity when the most sophisticated engineering marvel of...

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Accelerating the Path to Gender Parity

(0) Comments | Posted March 8, 2011 | 9:00 AM

This week we commemorate the 100th International Women's Day, celebrating the enormous strides women have made over the past century. Yet, there are still vast differences between women and men in terms of access to resources and opportunities. How can we ensure that we do not have to wait another...

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Shared Norms for the New Reality

(227) Comments | Posted January 26, 2011 | 7:03 AM

Following a decade characterized by an explosion of global challenges, and most recently a structural economic crisis, we now live in a completely new reality. Never before has the world faced so many serious challenges simultaneously. Leaders from all sectors of society are finding it increasingly difficult to navigate this...

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