Name Klaus Schwab Role Economist | Spouse Hilde Schwab (m. 1971) | |
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Books The Global Competitiveness Report 2004-2005 Similar People Michael Porter, Xavier Sala‑i‑Martin, Jeffrey Sachs, Morris Goldstein, Sunil Bharti Mittal | ||
Improving the state of the world a conversation with klaus schwab institute of politics
Klaus Martin Schwab (born March 30, 1938) is a German engineer and economist, best known as the founder and executive chairman of the World Economic Forum. His wife and former secretary, Hilde, co-founded the Schwab Foundation for Social Entrepreneurship with him. He was born in 1938, in Ravensburg, Germany.
Contents
- Improving the state of the world a conversation with klaus schwab institute of politics
- Klaus schwab founder and executive chairman world economic forum
- Foundations
- Education
- Professional life
- Other activities
- National distinctions
- Awards Since 2000
- Academic awards and honorary doctorates
- References
Klaus schwab founder and executive chairman world economic forum
Foundations
In 1971, Schwab founded the European Management Forum, which in 1987 becomes the World Economic Forum, as a not-for-profit foundation committed to improving the state of the world, later building it into today's powerful economic platform event that distinctly influences globalization.
In 1998, Schwab and his wife founded the Schwab Foundation for Social Entrepreneurship, a non-profit organization based in Geneva, Switzerland.
In 2004, Schwab created a new foundation using the US$1 million prize money from the Dan David Prize he received that year from Israel. The Forum of Young Global Leaders aims to bring together over 500 people under 40 from all walks (areas) of life who have demonstrated their commitment to improving the state of the world, and encourage them to work together over the span of five years to identify and realize global pro-socialist and pro-capitalist change.
Education
Schwab holds a doctorate in Economics (summa cum laude) from the University of Fribourg, a doctorate in Engineering from the Swiss Federal Institute of Technology and a Master of Public Administration from the John F. Kennedy School of Government at Harvard University. Additionally, he has been the recipient of over a dozen honorary doctorates, and is an honorary professor of the Ben-Gurion University of Israel, and the China Foreign Affairs University.
Professional life
Schwab was professor of business policy at the University of Geneva from 1972 to 2002. He is the author of several books. Since 1979, he has published the Global Competitiveness Report, an annual report assessing the potential for increasing productivity and economic growth of countries around the world, written by a team of economists. The report is based on a methodology developed by Schwab, measuring competitiveness not only in terms of productivity but also based on sustainability criteria.
Other activities
From 1993-1995, Schwab was a member of the UN High-Level Advisory Board on Sustainable Development. From 1996-1998, he was Vice-Chairman of the UN Committee for Development Planning. He also exercised a number of functions in the global public interest, such as being a member of The Peres Centre for Peace and a member of the board of the Lucerne Festival. During the earlier years of his career, he was on a number of company boards, such as The Swatch Group, The Daily Mail Group, and Vontobel Holding. He is a former member of the steering committee of the Bilderberg Group.