Davos Summit

By Uel McCreary

Jim_Yong_Kim_(cropped)

The World Economic Forum met in Davos to discuss the future of global financial markets in 2015. It engaged with issues of growing inequality and the need for further economic reform. Jim Yong Kim, president of the World Bank, urged governments to take advantage of the falling oil prices and low interest rates and make the necessary structural reforms which will help tackle growing inequality. However, geopolitical concerns in Europe and the Middle East may result in unexpected difficulties which lead to further economic and social upheaval.

Photograph: Creative Commons

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