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How has
the World Economic Forum
changed since the annual
meeting in 2001?
We announced some significant
changes in the Forum prior
to our Annual Meeting last
year in Davos, and we have
implemented and institutionalized
those changes in the year
since. Our Managing Board
has been together for 18
months now and is a smooth,
working unit. We have also
added new consultative
councils to bring new input
into our Forum program
and activities.
How
has your own stewardship of the Forum evolved
in the past year?
To
be honest, I have enjoyed
the transition to "shared
leadership" here at the
Forum. It gives me time to
take the overview of things,
and the long view, which I
like. I have always had the
advice and guidance of our
Foundation Board and our Business
Council, and I like to believe
that leadership at the Forum
has always been a collaborative
process. But I think we now
have a team in place that can
really share the responsibilities
of leadership, which is good
for the Forum and good for
me.
What is your message to New
York City as you prepare to
convene Davos 2002?
I
would say, "Thank you
for your warm welcome!" We
have received such a great
welcome from the Mayor, from
the former Mayor, Mr. Giuliani,
and from the Governor. And
we've also gotten so much encouragement
from the people we've met there.
There seems to be a genuine
appreciation for the decision
we made to show solidarity
with New York and hold our
Annual Meeting there. We made
our announcement when New York
was still in shock from the
tragic events of Sept. 11th,
and in the midst of the anthrax
scare. The people of New York
are glad we're coming, and
we're grateful for their warm
welcome.
How optimistic are you about
global economic revival now?
The business leaders I've
spoken with are more optimistic
than some of the news reports
I read, which, I suppose, is
a good sign. But I think the
economy has some rough patches
ahead before things get better.
Unemployment may not have reached
its worst point yet, and it
will take some time to restore
consumer confidence and confidence
in the markets. So I think
we can expect a difficult period
through the middle of the year,
but perhaps some improvement
in Q3 and certainly, I hope,
by Q4.
What
do you sense to be the trends
internationally concerning "the
next big thing"?
The next big thing is probably
something in the biotech area.
Cloning, genetic engineering
or something along those lines.
It isn't necessarily where
we are focused today--with
terrorism and the struggling
economy taking so much of our
attention--but I think a breakthrough
in biotech could be headline
for us sometime in the near
future.
In what way are you emphasizing
social entrepreneurship, and
why?
Social entrepreneurs make
the world a better place--consistent
with our own mission at the
Forum. We have invited more
than 40 social entrepreneurs,
selected by the Schwab Foundation
for Social Entrepreneurship,
to join us at the Annual Meeting
this year. They are an outstanding
collection of people and we
are looking forward to their
participation.
What will it take to jump-start
sustainable economic development
in poor countries?
There are many factors contributing
to sustainable economic development,
but I think we need to emphasize
the role that the governments
in the developing world need
to play in creating the proper
climate for investment. International
institutions, business leaders,
the media, other entities--all
play a role--but I think there
is a burden on national leaders
now to demonstrate their commitment
to good governance, fiscal
discipline and the rule of
law, if the investment picture
in the developing world is
to change.
What is your exhortation to
donor countries concerning
aid to the emerging nations?
It
would not be appropriate
for me--or the Forum--to "exhort" the
donor nations regarding aid.
I think it is fair to say that
more aid could be helpful in
both alleviating poverty and
stimulating development, but
the Forum isn't the kind of
institution that tells nations--or
companies or individuals--what
to do. That's not our role.
As the 10th anniversary of
the 1992 Rio Earth Summit approaches,
what are your recommendations
about how the global community
should prepare its agenda?
To implement all the promises
and pledges that were made.
How should corporations enhance
good governance and social
responsibility, especially
in a time of retrenchment?
As you know, the Global Compact
was introduced at the World
Economic Forum's Annual Meeting
a couple of years ago, and
we are proud of the Forum's
role in promoting corporate
social responsibility. We have
also initiated task forces
aimed at promoting good corporate
governance, which we believe
is essential in modern business.
Are
issues such as environment,
population, human rights and
governance still as "hot" as
they once were?
They are to us. Certainly,
the war against terrorism has
taken over the headlines in
recent months, but at the World
Economic Forum we like to take
the long view. And I think
the issues you mention will
continue to factor into our
programs and activities for
many years to come.
How should the general public--especially
NGOs--regard the World Economic
Forum now?
I think the meeting this year
in New York will provide a
wonderful opportunity to introduce
the Forum to a new audience
of people who may not be as
familiar as Europeans with
who we are and what we do.
I hope they will come to appreciate
the uniqueness of our organization
and will see the value we bring
to the world through our many
activities. As for NGOs, I
think they should seize the
opportunity for dialogue that
the Forum provides. This year
we will have more than 100
NGO representatives participating
in our Annual Meeting--a record
number for the Forum. We value
the contribution they make
to the important discussions
we have about the issues you
mentioned earlier--the environment,
human rights, population, governance--and
to our discussions about the
downturn in the global economy
and other issues. NGOs are
an important stakeholder in
our society and should participate
in these discussions. We continue
to welcome them in our community
and we value their input.
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