WHAT IS WEF?
The World Economic Forum (WEF) is an international organization that deals with global economic and social issues. It was founded in 1971 by Klaus Schwab, who is still president and CEO of the organization today. The idea to create WEF came to him during a trip to India in 1968, where he met with a wide range of industry and government leaders and noticed the lack of a platform to discuss economic and social issues globally.