World Economic Forum admission fee costs $19,000 per person. In 2014, WEF raised annual fees by 20 percent, making the cost for "Strategic Partner" from CHF 500,000 ($523,000) to CHF 600,000 ($628,000). The flagship event of the World Economic Forum is the invitation-only annual meeting held at the end of January in Davos, Switzerland, bringing together chief executive officers from its 1,000 member companies, as well as selected politicians, representatives from academia, NGOs, religious leaders, and the media in an alpine environment. The winter discussions focus around key issues of global concern (such as the globalization, capital markets, wealth management, international conflicts, environmental
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