World Economic Forum criticized in the Swiss national media. Since the annual meeting in January 2003 in Davos, an "Open Forum Davos", co-organized by the Federation of Swiss Protestant Churches, is held concurrently with the Davos forum, opening up the debate about globalization to the general public. The Open Forum has been held in the local high school every year, featuring top politicians and business leaders. It is open to all members of the public free of charge. The annual meeting of the forum also has been decried as a "mix of pomp and platitude" and criticized for moving away from serious economics
St. Petersburg International Economic Forum economic system to be maintained. The ongoing global economic crisis had confirmed the need to abandon standard approaches and required collective, nontrivial solutions to be adopted. Forum participants discussed new approaches to understanding the future of international financial institutions, the prospects for development of the banking sector, the efficiency of measures taken by governments and other equally important issues. Special attention was paid to Russia's role in solving these problems. The Forum was attended by representatives of the world political and business elite, and leading economists and experts. What were the peculiarities of the situation in the economies and banking