World Economic Forum Current Affairs - 2019
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The findings from the World Economic Forum’s public opinion survey register regional variations on the various issues. Few of them are listed below:
- When asked how important it is for countries to work together towards a common goal, a global average of 76 per cent said they believe it is either extremely important or very important.
- The favourable sentiments were strongly felt in South Asia and sub-Saharan Africa, where 88 per cent share the same view. On the other hand, 61 per cent of Western Europeans and 70 per cent of North Americans said they consider cooperation to be extremely or very important.
- When asked whether their country has a responsibility to help other countries in the world, South Asia had the highest levels of concurrence with 94 per cent answering positively compared to a global average of 72 per cent. While the North Americans and Western Europeans were the least effusive, with only 61 per cent and 63 per cent respectively answering in the affirmative.
- At a global level, 57 per cent, said they believe that immigrants are “mostly good” for their new country. But only 40 per cent of those living in Eastern Europe and Central Asia and 46 per cent of respondents in Western Europe subscribe to the same opinion, whereas the South Asians and North Americans exclusively agreed to this.
- Most people still believe in the power of international cooperation but they share a much less positive view of their own country when it comes to social progress. Only 20 per cent of respondents in Western Europe feel it is either extremely common or somewhat common for someone to be born poor and become rich through hard work.
These variations are attributed to the socio-economic and political reasons.
The World Economic Forum (WEF) has released its findings from the public opinion survey. The survey covered a sample size of over 10,000 people from every region of the world.
Findings of the Survey
The outcome of the survey proposes the following findings:
- At a time the world is facing huge economic risks from growing trade disputes and inward-looking policies, the public opinion is overwhelmingly against populism and favours openness.
- The survey proposes that global public overwhelmingly favours multilateral cooperation, is open to immigration and rejects the notion that countries’ best interests are achieved at the expense of others.
- Majority of the people across the globe believe immigrants are mostly good for their adopted country.
- The respondents believe upward mobility is too elusive and that governments are not doing enough to provide people with opportunity.
- North Americans have the least trust in climate science.
- Western Europeans are least likely to regard technology companies as altruistic.
The Survey concludes that while the international communities capacity for concerted action appears constrained, the overwhelming desire of the global public is for leaders to find new ways to work together that will allow them to cooperate on these critical shared challenges we all face.