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Q125
(IAS/2009)
International Relations & Global Affairs › International Organisations & Groupings › Global economic governance
Answer Verified
Who among the following is the founder of World Economic Forum ?
Result
Your answer:
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·
Correct:
A
Explanation
The World Economic Forum (WEF) was founded by Professor Klaus Schwab in 1971. Official WEF documentation and biographical material identify Schwab as the Forum’s founder and describe his role in launching the organization with the aim of fostering cooperation among business, government and civil society [1]. Historical accounts of the Forum note that it began as the European Management Forum held in Davos in 1971 and later evolved into the World Economic Forum as its scope expanded globally [2]. The organization is described as an international, not-for-profit foundation headquartered in Geneva, providing a platform for political and business leaders to address global economic and policy challenges [3].
Sources
- [1] https://www.weforum.org/about/klaus-schwab/
- [2] https://www3.weforum.org/docs/WEF_First40Years_Book_2010.pdf
- [3] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > World Economic Forum (WEF) > p. 549
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