- The international community should focus on promoting growth and creating jobs, particularly for youth
- Capitalism and the free market should be more responsive to social needs, said Professor Klaus Schwab
- The theme of the 42nd World Economic Forum Annual Meeting is The Great Transformation: Shaping New Models. For more information, visit http://wef.ch/Davos
The 42nd World Economic Forum Annual Meeting closed today, with business leaders urging resolute action to promote growth and employment, particularly among young people. “Jobs should be our number one priority,” declared Annual Meeting Co-Chair Vikram Pandit, Chief Executive Officer of Citi, in a session on the global agenda for 2012. “Ultimately it is about growth. Nothing creates jobs better than growth.” Added fellow Co-Chair Paul Polman, Chief Executive Officer of Unilever: “It is unacceptable that 200 million people cannot enter the workplace.”
For the full release and supporting information, please visit:
http://www.weforum.org/NR_AM12_Closing