St. Petersburg International Economic Forum and exhibitions, became the new SPIEF venue. The Forum was held on June 8–10, 2007. The Forum was a cooperation between two venues – the St. Petersburg International Economic Forum and the World Economic Forum in Davos. It was commemorated by the signing of a Memorandum of Understanding between the Russian Ministry of Economic Development and the Trade and the World Economic Forum. SPIEF was attended by more than 8,000 people and delegations from 76 countries, including 9 heads of state, 3 prime ministers, representatives of 340 foreign businesses from 65 countries, 37 representatives of the Federation Council of the
World Economic Forum interactions generated inside each hub, between hubs and on a global level. Shapers also get involved in crossmentoring with other World Economic Forum communities. Since 2018, there is also a Global Shapers Alumni Network. As of 3 September 2018 there are 1,380 Global Shapers Alumni. The foundation also acts as a think tank, publishing a wide range of reports. In particular, "Strategic Insight Teams" focus on producing reports of relevance in the fields of competitiveness, global risks, and scenario thinking. The "Competitiveness Team" produces a range of annual economic reports (first published in brackets): the Global Competitiveness Report (1979) measured