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Characteristics of the Programs of the World Economic Forum in Davos and the Economy of Armenia

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  • Samson Davoyan

    (Faculty of Economics and Management, Yerevan State University, Armenia)

  • Benik Balayan

    (Faculty of Economics and Management, Yerevan State University, Armenia)

Abstract

The study investigated one of the most important international organizations- WEF for public – private cooperation. It includes the mission, the institutional framework, and flagship programs of the World Economic Forum. From the numerous programs The World Economic Outlook, Climate Sustainability, Technology, Innovation and Artificial intelligence, Geopolitical and Global Security, Health and Social Development, Industry and Trade and Global Poverty are represented in detail illustrated with charts. The next focus of the article is on the strategic importance of Armenia’s participation in the annual forums and achieved goals. This paper examines key themes discussed during Armenia’s engagement at the forum, such as economic development, technological innovation, and regional security. The article concludes by highlighting Armenia's GDP growth in the period 2014-2024 as a result of advancing national interest in the WEF. The World Economic Forum provides a platform for nations to foster collaboration, share ideas, discuss global challenges and try to find solutions. Here diversity of thought is respected and voices can be heard. This organization continues to strive for a better world, where cooperation and trust lead to lasting progress.

Suggested Citation

  • Samson Davoyan & Benik Balayan, 2025. "Characteristics of the Programs of the World Economic Forum in Davos and the Economy of Armenia," International Journal of Latest Technology in Engineering, Management & Applied Science, International Journal of Latest Technology in Engineering, Management & Applied Science (IJLTEMAS), vol. 14(1), pages 65-73, January.
    • Handle: RePEc:bjb:journl:v:14:y:2025:i:1:p:65-73
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