World Social Forum January at the same time as its "great capitalist rival", the World Economic Forum's Annual Meeting in Davos, Switzerland. This date is consciously picked to promote alternative answers to world economic problems in opposition to the World Economic Forum. This Charter was approved and adopted in São Paulo, Brazil on April 9, 2001, by the organizations that make up the World Social Forum Organizing Committee, and approved with modifications by the World Social Forum International Council on June 10, 2001. 1) The World Social Forum is an open meeting place for reflective thinking, democratic debate of ideas, formulation of proposals,
World Economic Forum Economic Forum strives to be impartial and is not tied to any political, partisan, or national interests. The foundation is "committed to improving the State of the World". Until 2012, it had observer status with the United Nations Economic and Social Council; it is under the supervision of the Swiss Federal Council. The foundation's highest governance body is the foundation board. The Forum is chaired by Founder and Executive Chairman Professor Klaus Schwab and is guided by a Board of Trustees that is made up of leaders from business, politics, academia and civil society. Members of the Board of Trustees