World Economic Forum its name to the World Economic Forum in 1987 and sought to broaden its vision to include providing a platform for resolving international conflicts. In the summer of 1971, Schwab invited 444 executives from Western European firms to the first European Management Symposium held in the Davos Congress Centre under the patronage of the European Commission and European industrial associations, where Schwab sought to introduce European firms to American management practices. He then founded the WEF as a nonprofit organization based in Geneva and drew European business leaders to Davos for the annual meetings each January. Schwab developed the "stakeholder"
International Economic Forum of the Americas address the major governance challenges of the new world economic order, focusing on the central role of the Americas and in the global market. The Forum was held in Palm Beach, Florida, for its first four editions. The subsequent editions, as of 2015, are held in Miami, Florida. The Conference of Paris is the most recent annual event presented by the International Economic Forum of the Americas, since 2017. The International Economic Forum of the Americas – The Conference of Paris is gathering major international stakeholders in Paris to discuss and reassess globalization with a particular focus on the role