World Economic Forum

The World Economic Forum (WEF) is a Geneva-based foundation whose Annual Meeting of chief executives of the world's richest corporations, some national political leaders (presidents, prime ministers and others), and selected intellectuals and journalists, about 2000 people in all, is usually held in Davos, Switzerland. There are also regional meetings throughout the year. It was founded in 1971 by Klaus M. Schwab, a business professor in Switzerland, and has helped fund his family foundation, the Schwab Foundation for Social Entrepreneurship.

Networked readiness index

The World Economic Forum publishes an annual report called the Networked readiness index. It focuses the propensity for countries to exploit the opportunities offered by information and communications technology. It also ranks countries by number on these criteria.

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