Klaus Schwab
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"Klaus Martin Schwab" is a German engineer and economics/economist, best known as the founder and executive chairman of the World Economic Forum. His wife and former secretary, "Hilde", co-founded the Schwab Foundation for Social Entrepreneurship with him. He was born in 1938, in Ravensburg.

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By highlighting the strengths and weaknesses of an economy, policy-makers and business leaders are provided with a tool to assist them in the formulation of improved economic policies and institutional reforms.

In these extraordinary times, greater international cooperation is needed to reverse the global economic downturn, eradicate poverty, promote security and enhance cultural understanding.

All business leaders here are frustrated by the fact that (this) ... is the only region left at the end of the century where economics are kept hostage by politics.

High oil prices and the emergence of a number of new players on the world stage - not just China and India but also Russia and even Iran - have made it possible to play the major powers off against each other.

I think a number of initiatives have been newly taken or enhanced during this meeting that will have a tangible impact.

European CEOs have to act much more as business politicians ... in the vacuum left over by a world where we have less and less boundaries, less and less power of national governments.

We have a number of vulnerabilities in our economies.

The key issue is the shift of the centre of gravity from the West to the East, the rise of China and India.

With great concern and pain, I just learned that Global Agenda, a publication distributed to our members at the Annual Meeting 2006, contains an article calling for a boycott of Israel.