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48th WEF Annual Meeting to See Unprecedented Engagement of Global Leaders

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The World Economic Forum’s 48th Annual Meeting will take place on 23-26 January 2018 in Davos-Klosters, Switzerland, bringing together a record number of heads of state, government and international organizations alongside leaders from business, civil society, academia, the arts and media.

Convening participants under the theme, Creating a Shared Future in a Fractured World, the meeting will focus on finding ways to reaffirm international cooperation on crucial shared interests, such as international security, the environment and the global economy. The meeting comes at a time when geostrategic competition between states is generally seen to be on the rise.

Alongside international cooperation, an additional priority of the meeting will be to overcome divisions within countries. These have often been caused by breakdowns in the social contract as a result of failure to protect societies from the transformational impacts of a succession of shocks, from globalization to the proliferation of social media and the birth of the Fourth Industrial Revolution. Collectively, these shocks have caused a loss of trust in institutions and damaged the relationship between business and society.

“Our world has become fractured by increasing competition between nations and deep divides within societies. Yet the sheer scale of the challenges our world faces makes concerted, collaborative and integrated action more essential than ever. Our Annual Meeting aims to overcome these fault lines by reasserting shared interests among nations and securing multistakeholder commitment to renewing social contracts through inclusive growth,” said Professor Klaus Schwab, Founder and Executive Chairman, World Economic Forum.

This year’s opening address will be delivered by Narendra Modi, Prime Minister of India. Donald Trump, President of the United States of America, will deliver a keynote address before the close of the meeting. This year a record number of leaders from G7 economies will participate, including Paolo Gentiloni, Prime Minister of Italy; Jean-Claude Juncker, President of the European Commission; Emmanuel Macron, President of France; Theresa May, Prime Minister of the United Kingdom; and Justin Trudeau, Prime Minister of Canada, in addition to President Trump. As well as Prime Minister Modi, other leaders from the G20 include Liu He, Member, Political Bureau of the CPC Central Committee; General Office Director, Central Leading Group for Financial and Economic Affairs, People’s Republic of China; Mauricio Macri, President of Argentina, Cyril Ramaphosa, Deputy President of South Africa; and Michel Temer, President of Brazil. From the host country, Alain Berset, President of the Swiss Confederation, will also participate.

Overall, the Annual Meeting will feature over 340 top political leaders with 10 heads of state and government from Africa, nine from the Middle East and North Africa and six from Latin America. These include; Hailemariam Dessalegn, Prime Minister of Ethiopia; Emmerson Mnangagwa, President of Zimbabwe; Yemi Osinbajo, Vice-President of Nigeria; Saad Al Hariri, President of the Council of Ministers, Lebanon; His Majesty King Abdullah II Ibn Al Hussein, King of the Hashemite Kingdom of Jordan; Benjamin Netanyahu, Prime Minister of Israel; and Juan Manuel Santos, President of Colombia.

Leaders from international organizations include Antonio Guterres, Secretary-General of the United Nations; Roberto Azevêdo, Director-General, World Trade Organization (WTO); Tedros Adhanom Ghebreyesus, Director-General, World Health Organization (WHO); Angel Gurría, Secretary-General, Organisation for Economic Co-operation and Development (OECD); Zeid Ra’ad Hussein, United Nations High Commissioner for Human Rights; Jim Yong Kim, President, World Bank; Miroslav Lajcák, President of the 72nd Session of the United Nations General Assembly, United Nations; Peter Maurer, President, International Committee of the Red Cross (ICRC); Guy Ryder, Director-General, International Labour Organization (ILO).

Representing the pinnacle of accomplishment across government, business, civil society and academia, the Co-Chairs of the Annual Meeting 2018 are: Sharan Burrow, General Secretary, International Trade Union Confederation (ITUC), Belgium; Fabiola Gianotti, Director-General, European Organization for Nuclear Research (CERN), Geneva; Isabelle Kocher, Chief Executive Officer, ENGIE, France; Christine Lagarde, Managing Director, International Monetary Fund (IMF), Washington DC; Ginni Rometty, Chairman, President and Chief Executive Officer, IBM Corporation, USA; Chetna Sinha, Founder and Chair, Mann Deshi Foundation, India; and Erna Solberg, Prime Minister of Norway.

In addition to record participation from the public sector, the private sector will be represented by over 1,900 leaders. Civil society is represented by almost 900 leaders from NGOs, social entrepreneurs, academia, labour organizations, faith-based and religious groups and media. The Annual Meeting is also the foremost global summit representing younger generations, with 50 members of the Forum’s Global Shaper community, aged between 20 and 30, and 80 Young Global Leaders under the age of 40, participating.

Over 21% of participants at this year’s meeting will be women, a higher proportion than at any previous meeting. The Forum works throughout the year to highlight the gender gap and develop strategies to help women achieve positions of senior leadership.

Featuring over 400 sessions, nearly half of which are webcast, the meeting programme has been designed around four tracks:

Driving sustained economic progress

If technological change and environmental degradation have fundamentally changed how the global economy works, then what new economic models could put us on a path to shared prosperity?

Navigating a multipolar and multiconceptual world

If economic uncertainty and geopolitical competition have driven efforts to reclaim national power and sovereignty, then what balance between global cooperation and local autonomy could prevent the disintegration of the world order?

Overcoming divisions in society

If outrage cycles in media and political rhetoric are widening societal fault lines and undermining tolerance, then what solutions can be jointly developed to restore the social compact?

Shaping the agile governance of technology

If recent technological advances have the potential to fundamentally redefine modern life, then what ethical foundations and adaptive policies could ensure that society benefits from equal access and equal protection in the future?

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Helping Armenia Thrive

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Despite being a landlocked country with few natural resources, Armenia has come a long way since independence in 1991, with all major socio-economic indicators drastically improved.

The Asian Development Bank now is supporting Armenia in its effort to expand its private sector, diversify its economy, cut red tape, and gain access to new markets, says Shane Rosenthal, Country Director for Armenia at the Asian Development Bank.

What is Armenia’s current state of the economy?

Since independence in 1991, Armenia has come a long way. Gross domestic product per capita has increased ten-fold in the country, in large part because of smart decisions about investment and because of good connections with its main trading partner, Russia.

We now have a country where the electricity is reliable, where most of the population has access to clean water, where business is beginning to thrive, not least because it is possible to register a business in a short amount of time. It’s possible to go to a bank and get a loan.

This economy needs to diversify into new products, into new markets. That may mean Europe, it may mean other Eurasian economic union members, and increasingly, it may mean looking eastward, toward Asia.

What role does ADB play in Armenia’s development?

ADB has focused on what it does best vis-a-vis other development partners in Armenia. And that, for us, means infrastructure.

Infrastructure in terms of connectivity, helping upgrade the national highway system so that cargo and people can reach neighboring countries more quickly, more reliably.

It means making the cities more livable with improved water supply.

How can the private sector support Armenia’s development?

Going forward it’s important to understand that Armenia’s growth can no longer depend on the public sector to play the leading role. The private sector needs to be the one that takes this country forward. And that means diversification. It means ease of doing business, and it means access to new markets.

ADB is going to focus increasingly on a balanced portfolio, between the public and private sectors. It’s clear that Armenia’s future will depend on the role that the private sector plays. And there, Armenia has many advantages: a strong financial system, a strong diaspora, with very good connections around the world, and a very strong educational base.

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Three steps to end discrimination of migrant workers and improve their health

Afsar Syed Mohammad

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Authors: Afsar Syed Mohammad and Margherita Licata

When migrant workers leave their home, many encounter abuse and violence on their journey and discrimination once they arrive. This can be because of their status as migrants but also because of their ethnicity, sex, religion, and HIV status.

They often struggle to find decent work, which means they can end up in poor living and working conditions, which in turn affects their health. Female migrants are more likely to be vulnerable to exploitation and violence, which exposes them to the risk of HIV and other health issues.

Research has shown that migrant workers – particularly those who are in an irregular situation – often fail to access health services because of poverty, language and cultural barriers, lack of health insurance, as well as fear of job loss and deportation. It means that by the time they see a doctor, their illness has become all too serious.

Against this background, a newly launched ILO publication looks at the interplay between migration policies and those relating to broader health goals in countries of origin, transit and destination. Its key recommendation is that HIV and health policies should be integrated into the entire labour migration process.

So what can be done to ensure that migrant workers have better access to decent work, health and HIV services? The report recommends a three-pronged approach.

1) End discriminatory practices

Migrants face obstacles in accessing decent work, health as well as social protection. Whenever migrants are denied their rights, they tend to live and work in the shadows.  They become vulnerable to discrimination, exploitation and marginalization.

Discriminatory practices such as mandatory HIV testing of migrants for employment have proved to be ineffective. On the contrary, it is a violation of their rights. It disrupts access to health care and increases migrants’ vulnerability to HIV infection.

2) Set up an integrated response

It is essential to develop a response that does not just pile up ad-hoc policies one after another. Instead there needs to be an integrated and coordinated response that leads to decent work and health outcomes for migrants, including more effective HIV responses.

Right to entry does not mean the right to work for women in many countries. In such cases, women are left with no option but irregular migration which further exposes them to various forms of abuse, exploitation and risks such as HIV.

Gender-responsive migration policies would help address existing inequalities between men and women migrants, while at the same time improve their health.

3) Focus on migrant workers’ rights

There are no quick-fix solutions but discrimination and inequalities relating to HIV and health can be reduced if we focus on migrants’ rights and if we take a global approach. The report especially insists on the following priorities:

  • There is a need to target different groups of migrant workers for HIV prevention, care and treatment, depending on the specific risks that they face. For example, risks are different depending on whether they are low skilled or high skilled workers.
  • Effective responses to HIV for migrant workers should be integrated into fair recruitment initiatives, encouraging fair business practices to reduce HIV-related stigma and discrimination, and equal access to health services.
  • Health programmes and HIV prevention for migrants must be disassociated from immigration enforcement.
  • Inclusion, participation and freedom of association among migrant workers are essential pillars for effective actions on migration, health and HIV.
  • Migration and health policies and practices, in particular those relating to HIV and AIDS, should address inequalities between women and men. A gender analysis is needed from the start for all policies and practices relevant to migration and health.

*Margherita Licata, Technical Specialist Gender, Equality and Diversity and ILOAIDS Branch

Source: ILO

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Mexico officially joins IEA: First member in Latin America

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Mexico officially became the International Energy Agency’s 30th member country on 17 February 2018, and its first member in Latin America. The membership came after the signed IEA treaty (the IEP Agreement) was deposited with the government of Belgium, which serves as the depository state, following ratification by the Mexican Senate.

Mexico’s accession is a cornerstone of the IEA’s on-going modernization strategy, including “opening the doors” of the IEA to engage more deeply with emerging economies and the key energy players of Latin America, Asia and Africa, towards a secure, sustainable and affordable energy future.

The IEA Family of 30 Member countries and seven Association countries now accounts for more than 70% of global energy consumption, up from less than 40% in 2015.

“With this final step, Mexico enters the most important energy forum in the world,” said Joaquín Coldwell, Mexico’s Secretary of Energy. “We will take our part in setting the world’s energy policies, receive experienced advisory in best international practices, and participate in emergency response exercises.”

“It is a historic day because we welcome our first Latin American member country, with more than 120 million inhabitants, an important oil producer, and a weighty voice in global energy,” said Dr Fatih Birol, the IEA’s Executive Director. “The ambitious and successful energy reforms of recent years have put Mexico firmly on the global energy policy map.”

At the last IEA Ministerial Meeting, held in Paris in November 2017, ministers representing the IEA’s member countries unanimously endorsed the rapid steps Mexico was taking to become the next member of the IEA, providing a major boost for global energy governance.

They recognized that Mexico had taken all necessary steps in record time to meet international membership requirements since its initial expression of interest in November 2015. In December, the Mexican Senate ratified the IEP Agreement paving the way for the deposit of the accession instrument and for membership to take effect.

Mexico is the world’s 15th-largest economy and 12th-largest oil producer, and has some of the world’s best renewable energy resources. The IEA family will benefit greatly from Mexico’s contribution on discussion about the world’s energy challenges. The IEA is delighted to continue supporting implementation of Mexico’s energy reform with technical expertise, and further intensifying the fruitful bilateral dialogue of energy policy best practice exchange.

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