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Davos is a winter and summer resort village located in the heart of the Graubuenden graubÃ¼nden in the east Of. Switzerland in the early, 90s davos became famous for hosting The World Economic, forum an annual winter gathering of international politicians and financiers who represented a transnational. elite
Business leaders, politicians, journalists, and investors are descending on the small ski town of Davos, Switzerland, in the Alps to participate in the annual meeting of the World Economic Forum. The five-day conference is intended for leaders to debate the major global issues of the day and discuss potential solutions. The birth of the World Economic Forum. German-born engineer and economist Klaus Schwab, who was a business professor at the University of Geneva, founded the Davos gathering in 1971.