WORLD ECONOMY ISSUES SET TO DOMINATE DAVOS - Business leaders will tackle topics like globalisation, social network addiction, burn-out and the economic rise of India and China at the World Economic forum in Davos for the next few days.
The mood is expected to be much more optimistic than in the past two years, with many expecting a boom in 2011.
A survey of chief executives published ahead of the event suggests that business confidence is nearly as strong as before the start of the global financial crisis, and some economists going to Davos will argue that the world economy is set for long-term growth.
Thorold Barker, editor of the Wall Street Journal's 'Heard on the Street', says Davos is a useful forum for meetings on big issues such as global imbalances and social network, but it is also an opportunity for people to share ideas in smaller groups.
He said the world economy would be the biggest issue, particularly the growth split between emerging economies and more developed economies. Mr Barker said possible solutions to the sovereign debt crisis would also be discussed. There would also be a focus on banking reform, and whether it had gone too far or not gone far enough.
