Davos Annual Meeting 2004 - Partnering-Security-Prosperity | Summary and Q&A

TL;DR

Global leaders discuss the importance of partnership in achieving security and prosperity, addressing issues such as poverty, inequality, and corruption.

Key Insights

• 🙃 Security and prosperity are two sides of the same coin and require partnerships and collaboration across sectors.
• ❓ Poverty, inequality, and corruption contribute to insecurity and conflict.
• 🎓 Education, transparency, accountability, and access to credit are essential for achieving security and prosperity.
• 👋 Businesses have a responsibility to act as good global citizens and invest in creating an enabling environment for growth and development.

Transcript

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Questions & Answers

Q: How do religion and culture impact the ability to achieve security and prosperity?

President Obasanjo explains that in Nigeria, a country with diverse religious and ethnic groups, unity and partnership are crucial for security and prosperity. Both Christianity and Islam share common values and can provide the basis for mutual understanding and cooperation.

Q: What role does business play in achieving security and prosperity?

Carly Fiorina emphasizes that businesses have a responsibility to not only make a profit but also act as good global citizens. They must invest in education, transparency, and technology to create an enabling environment for security and prosperity.

Q: How can microfinance contribute to poverty reduction and security?

Roshani Kumar highlights the importance of microfinance in empowering the poor, particularly women, to escape poverty and build a better future. Access to credit, combined with education and training, can lead to economic growth and security.

Q: What role does the World Bank play in addressing development challenges?

World Bank President, Jim Wolfensohn, acknowledges the complex nature of poverty and security. He stresses the need for increased investment in education, transparency, and accountability to bridge the gap between rich and poor and create a more prosperous and secure world.

Summary & Key Takeaways

• Global security and prosperity are interconnected and require holistic approaches that address individual and geopolitical aspects.

• Collaboration and partnership are essential for achieving positive change and addressing pressing global challenges.

• Poverty, disease, environmental degradation, and lack of justice are all factors that contribute to insecurity and conflict.