Thursday, January 24, 2013 | Categories: Episodes
We're off to one of the highest mountain towns in Europe where for several days you can find more millionaires in one place than anywhere else in the world, not to mention a gaggle of Nobel laureates, a posse of presidents and prime ministers - past and present - and even sprinkling of rock stars and actors. The World Economic Forum in Davos Switzerland unites the accomplished and the acquisitive at a high altitude but are they doing anything that matters to the rest of us?
Davos: A Playground for the World's Elite?- Economics Reporter
Here's a head-scratcher for you: Define resilient dynamism. Here's a hint: it's involves economics. Any guesses?
Well, if it's any consolation, we sent our intern Patricia Brotzel to Toronto's Bay Street to see if the financial wizards had any answers.
Lots of good sports on Bay street, but few follow the agenda at Davos, Switzerland. That's where thousands of major power brokers -- politicians, CEOs, bankers and more -- gather for the World Economic Forum's annual meeting of minds.
This year's brainstorming session may be especially vexing. The theme is that tongue-twister we brought you earlier: resilient dynamism ... which organizers say is all about anticipating and adapting to market shocks. Or something like that.
When it comes to Davos, my next guest believes the summit's goals are just as vague. Aditya Chakrabortty is economics leader writer with the U.K.'s Guardian Newspaper. We reached him in London, England.
Davos: A Playground for the World's Elite? - Professor
We started this segment with a clip from Prime Minister Stephen Harper addressing Davos at last year's forum.
This year, Finance Minister Jim Flaherty is attending. Our next guest is there as well. And he's pretty sure someone good will come from Davos this year.
This segment was produced by The Current's Pacinthe Mattar and Vanessa Greco.
Other segments from today's show: