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Caixin Global
Caixin Global
Business
Karim Raslan

How Davos Fell Behind the Times

Participants walk through the Davos Congress Center, the venue of the annual meeting of the World Economic Forum in Davos, in Switzerland on May 23, 2022. Photo: VCG

Davos, the Alpine resort, thronged by the gilded crowds of the World Economic Forum (WEF) is a bacchanal that now seems antiquated, if not obsolete.

Still, watching the crowds from the sidelines, I can’t help but feel that the 2022 edition — with its lavish dinners, corporate pavilions and chalets — is a sort of fin de siècle, an end of an era, that was set in motion by Covid-19 and other events.

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