World Economic Forum series of research reports and engages its members in sector-specific initiatives. There have been many other international conferences nicknamed with "Davos". However, the World Economic Forum objected the use of "Davos" in such contexts for any event not organised by them. This particular statement was issued on 22 October 2018, a day before the opening of 2018 Future Investment Initiative (nicknamed "Davos in the desert") organised by the Public Investment Fund of Saudi Arabia. The WEF was founded in 1971 by Klaus Schwab, a German-born business professor at the University of Geneva. First named the "European Management Forum", it changed
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