Geopolitics threatens to destroy the world Davos made
World Economic Forum delegates fear that a long period of peace and economic integration could be coming to a close
THE Magic Mountain, Thomas Mann’s classic novel set in Davos against the backdrop of a deadly disease and an impending world war, was published almost a century ago.
But, as World Economic Forum (WEF) delegates gather again in Davos this year, Mann’s world feels uncomfortably close to our own. The fear haunting the forum is that a long period of peace, prosperity and global economic integration could be coming to a close – just as it did in 1914.
This year’s Davos slogan is “Cooperation in a fragmented world”. That fragmentation began with Covid-19 – with its lockdowns, closed borders and disrupted supply chains. So, the 2023 WEF – the first to take place in its regular winter location since the pandemic began – could be seen as signalling a return to normalcy. However, China’s sudden abandonment of its zero-Covid policy has raised fears that a new wave of variants could emerge.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
MAS, bank CEOs convene over AI cyberthreats; boards told to own risks, not leave to IT teams
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
LTA circular to potential EV charger owners reveals hundreds of e-mail addresses under carbon copy feature