抖阴短视频

RIYADH: The World Economic Forum鈥檚 Special Meeting in Riyadh is a critical gathering needed to help address global wars and financial crises, says the WEF鈥檚 managing director.

Speaking to Arab News on Sunday, Mirek Dusek said the issue of rebuilding trust in institutions and systems continues the theme of the recent WEF meeting in Davos.

The erosion of trust has not only been the result of the COVID-19 pandemic or the military conflicts worldwide, but also goes back 鈥渁ll the way to the financial crisis.鈥�

鈥淭here is a lot of research now, sociological and economic, looking at what it has done to society, in developing and in developed economies,鈥� he added.

鈥淲hat is also important is that you鈥檙e not rebuilding trust for a system of the past,鈥� he continued. 鈥淵ou need to make sure that as you do those things, it鈥檚 really with the view for the future.

鈥淲e would term it intelligent economies 鈥� we live through this age of all these revolutions.

鈥淪o, it鈥檚 not only AI revolution, it鈥檚 also the biotech revolution, the energy transition revolution etc. and so, obviously, there are huge opportunities, but are we really equipped?鈥�

Dusek explained that while AI comes with risks that can seriously impact societies, it also offers significant opportunities, particularly in terms of productivity.

He pointed out that the Riyadh meeting鈥檚 agenda seeks to 鈥渟hape and build intelligent economies that are inclusive, sustainable and, obviously, dynamic.鈥�

On the role of Riyadh in conflict resolution, Dusek said that as a G20 country with the region鈥檚 biggest economy, 抖阴短视频 鈥渋s very visible on the international scene 鈥� on behalf also of the whole region.鈥�

Dusek said 鈥渨orking on peace, security, and stability in this region is in the interest of the international community at large.鈥� He added that the participation in Riyadh of many foreign ministers, including from the G7 Plus nations and Syria, as well as US Secretary of State Antony Blinken, is 鈥渟ymptomatic of the fact that people, again, are paying attention.鈥�

鈥淲e are, of course, dealing with the war in Gaza and the terrible humanitarian situation in Gaza, but I think it is a larger issue of how important it is to keep investing diplomatically in issues that may have been underinvested in the previous years,鈥� he added.

He described this as 鈥渁 big turning point in terms of where the regional security and stability picture will go.鈥�

Dusek said holding the WEF鈥檚 Special Meeting in 抖阴短视频 was an 鈥渋mportant milestone鈥� that fits the global conversation and agenda of Davos.

鈥淚f we just look under the hood of what intelligent economies mean, it is not only being able to really deploy some of these cutting-edge technologies in industry and in society, but it鈥檚 also figuring out how to have a more inclusive economy (and) labor force.

鈥淚t is figuring out the whole triangle of the energy transition 鈥� security, sustainability, and access.鈥�

He said that the erosion of trust has deepened inequality within societies and in certain economies, and 鈥渋ntelligent economies鈥� seek to address this growing gap.

鈥淲e are seeing the need to not only have outcomes that are medium- to long-term and look at the big picture.鈥�

He added: 鈥淪o, if you look at intelligent economies, it is the big picture systems view. And we continue to do that because it is important, but, of course, you also need to be able to see what are the solutions for the here and now and for the near term.鈥�

He explained that for this reason, the WEF works closely with labor unions 鈥渘ot only in Davos or other meetings, but also in our ongoing work鈥� to find ways to deliver to the most vulnerable and to fragile communities within each society.

He said a great deal of work is being done with organizations including the World Bank, and that the WEF continues to explore ways to 鈥渕ake sure that you finally figure out, for example, how to bring in more private capital into fragile markets, and crowding private capital for climate finance, for energy finance, etc.鈥�

He added: 鈥淚 think leaders and overall organizations are fully cognizant of that (of) moving in that direction. Is it enough? Obviously, we are seeing that particularly in terms of the statistics within societies.鈥�

He pointed out that this awareness may have also been 鈥渢riggered by some of these (global economic) shocks, but (there is) a clear realization that more needs to be done.鈥�