Professor
Klaus Schwab is the Founder and Executive Chairman of the World Economic Forum.
Seattle,
Prague, Genoa, Melbourne. Over a decade ago, these cities were hosts to violent
protests against a nebulous enemy: “globalization”.
The
protests were aimed at high-level meetings of the international organizations
the World Trade Organization, the International Monetary Fund and the World
Bank, not to mention our own Meetings at the World Economic Forum.
Inside
the meetings, while condemnation of the violence was unanimous, opinions of the
protesters’ grievances, and what to do about them, were not.
Many
inside the meetings understood that as the world was becoming more tightly
interconnected as it accelerated into the 21st century, it was also becoming
more inequitable and volatile. Few were united about what to do. And so the
kind of coordination and agreement that would be necessary to manage the
complexity of the new world was elusive.
The
world is paying the price for that indecision and disunity today.
Over
the past few years, our meetings in Davos have often been dominated by a single
major issue facing the global community. From the global financial crisis, the
Arab transition and the threatened collapse of the euro, leaders have often
arrived with a dominant agenda and in response mode.
Today
the situation is different.