Optimism was in short supply at the 2012 annual meeting of the World Economic Forum in Davos, Switzerland, which ended on Sunday. As Wharton management professor Michael Useem reports below, keynote speakers and panelists alike focused on a number of problems that are getting in the way of global prosperity. Chief among them is unemployment, followed by a shortage of highly trained workers needed to spur innovation and solve social challenges. On the bright side, Useem notes, is the rapid growth of emerging economies.
Imagine gathering 2,600 people from around the world for five days in a remote Alpine resort with record snowfall. Some will come alone, but others -- including more than 40 heads of state -- will arrive with entourages. Then arrange for reasoned dialogue on some of the most contentious and portentous issues of the day among hundreds of CEOs, public officials, thought leaders and even a few labor chiefs and "Occupy" protesters. Is the eurozone heading for financial collapse? Can India avoid a slowdown? What if Iran is developing a nuclear weapon?
This is the Rubik's Cube that the Geneva-based World Economic Forum had to align for its 2012 annual meeting in Davos, Switzerland
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