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Top business leaders and politicians from around the world are coming to the Swiss mountain resort Davos for a five-day forum, which kicks off on Wednesday.
The official theme of this year's Davos is "Rethink, Redesign, Rebuild". Debate on how best to reform the global financial system is set to be the dominating agenda in the event - the 40th of its kind. Bankers and regulators are expected to clash on where to draw the line when it comes to financial reform.
Ideas on how best to move the global economy forward will be explored by 2,500 participants from around 90 countries comprising heads of governments, ministers, bankers, CEOs and public figures.
"We have to look at the meeting in the context of what's happening in the world and we see that, clearly, the present system of global cooperation is not working sufficiently," said Klaus Schwab, the founder of the event. "So we want to look at all issues on the global agenda in a systemic, integrated and strategic way and we want to address in particular the issue of global cooperation."
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