The World Economic Forum opened its 51st session under the theme "The Great Reset."
Like many global forums amidst the coronavirus pandemic, the 2021 Davos Agenda is brought in unique form a "twin summit" as global leaders and stakeholders from around the world are brought together in virtual dialogues this week, with its annual in-person to take place in Singapore in May.
The theme of the Davos Agenda refers to "the great reset" that the world needs from this global health crisis that has shaken up economies, societies, and livelihoods.
Having launched on January 25th, speakers including Xi Jinping, Antonio Guterres, and Anthony Fauci, have set the tone for the meeting with key themes shown to be "trust", "solidarity", "respect", "transparency" and "collaboration".
As heads of state, chief executives, civil society leaders and the global media gather for the Davos Agenda what are the key objectives, how are the initiatives of the forum to be facilitated?
It's the topic of our News In-depth tonight.
We're joined live in the studio by KIM Minkyun, Professor of Logistics, Supply Chain and Service Operations Management at Sogang Business School and later in the show, we'll connect with Borge Brende, President of the World Economic Forum.
First, Professor Kim, welcome to the show.
With a new theme and agenda each year, the World Economic Forum has opened its 51st session.
And this forum has been no exception to having had COVID-19 pandemic impact
How do you see this year's Davos Forum different from previous sessions, in terms of its focus being on 3-C's: COVID-19, climate change, and cooperation?
Do you see the coronavirus pandemic having affected priority of issues?
The main agenda for the Davos Forum last year focused on "stakeholder capitalism".
What exactly is this "stakeholder capitalism" and how does it integrate into accompany this year's Davos forum initiative of a 'great reset', which also includes the economy?
According to the OECD, South Korea has fared the tumultuous year of 2020 in good defense
So how much of a reset does the South Korean economy need - in what aspects?
Now for some more in-depth insight into the Davos Agenda we have World Economic Forum President Borge Brende joining us live from Geneva.
As a result of the COVID-19 pandemic, this year's World Economic Forum is two-pronged a "twin" summit with the virtual dialogues taking place this week, and the in-person event to be held in Singapore in May.
This would also mean that the Singapore edition of the WEF summit will be the first in-person international conference since the outbreak of the pandemic
What led to such a "twin summit" form for this year's meeting?
With the theme "The Great Reset", the WEF has reaffirmed the need for great change where recovery from this pandemic is seen as an opportunity to do so.
COVID-19 has shown us that we need not go back to the status quo, but in fact need to develop into a new status quo one that requires enormous trust between private and public sectors across the diverse world we live in.
The different values, ideas and priorities How does the WEF intend to facilitate such a grand initiative? How do we take the step towards sustainability?
South Korean president Moon Jae-in is set to speak tomorrow what is the significance of South Korea having representation as one of the G20 states at the WEF?
And how do you assess South Korea's stance in terms of the Korean New Deal, including the Digital and Green New Deals, and how does it align with the goals of the Davos Agenda 2021?
Borge Brende, President of the World Economic Forum thank you for speaking with us tonight. We appreciate it.
What do you anticipate to be a takeaway from the Davos Agenda Week for South Korea?
Professor Kim Minkyun, Professor of LSOM at Sogang Business School many thanks for your insights this evening. We appreciate it.