Davos World Economic Forum 2009

The Financial Times says overall attendance numbers may be up at this year’s World Economic Forum summit at Davos, which opens today, but adds that the overall mood is glum due to the global economic crisis.

The Wall Street Journal reports the summit will focus predominantly on two questions: whether the world economy can be saved from prolonged recession, and if so, where the growth will come from. The article says policymakers are likely to look to rattled U.S. consumers – rather than rattled Chinese and emerging market producers – as the most plausible engine in the short-term.

Bloomberg also reports a markedly different attitude among emerging market leaders, some of whom were perceived as “cocky” at last year’s event.

The Wall Street Journal has also a page focused on summit coverage, pulling together several relevant news and analysis pieces.


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