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Klaus Schwab

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Klaus Schwab
Schwab in 2008
Born (1938-03-30) 30 March 1938 (age 86)
Ravensburg, Germany
Education
Occupation(s)Founder and executive chairman of the World Economic Forum
Notable workCOVID-19: The Great Reset (2020)
Spouse Hilde Schwab ​(m. 1971)​
Children2
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Klaus Martin Schwab (Template:IPA-de; born 30 March 1938) is a German engineer and economist best known as the founder and executive chairman of the World Economic Forum. His wife and first collaborator, Hilde, co-founded the Schwab Foundation for Social Entrepreneurship with him.

Early life

Schwab obtained his "Abitur" or high school diploma from the Humanistisches Gymnasium in Ravensburg, Germany. In 1961, he graduated as a mechanical engineer from ETH Zurich (the Swiss Federal Institute of Technology), then gained a doctorate in Engineering from ETH Zurich, a doctorate in Economics from the University of Fribourg, and a Master of Public Administration degree from the John F. Kennedy School of Government at Harvard University.

Career

Schwab was professor of business policy at the University of Geneva from 1972 to 2003, and since then, has been an Honorary Professor there. Since 1979, he has published the Global Competitiveness Report, an annual report assessing the potential for increasing productivity and economic growth of countries around the world, written by a team of economists. The report is based on a methodology developed by Schwab, measuring competitiveness not only in terms of productivity but also based on sustainability criteria.

He has authored and co-authored several books, including The Fourth Industrial Revolution (2016), Shaping the Fourth Industrial Revolution (2018, with Nicholas Davis), COVID-19: The Great Reset (2020, with Thierry Malleret), and Stakeholder Capitalism (2021, with Peter Vanham).

During the earlier years of his career, he was on a number of company boards, such as The Swatch Group, The Daily Mail Group, and Vontobel Holding. He is a former member of the steering committee of the Bilderberg Group.

WEF and other foundations

In 1971, Schwab founded the European Management Forum, which in 1987 became the World Economic Forum, as a not-for-profit foundation committed to improving the state of the world. He founded the WEF in 1971, the same year in which he published Moderne Unternehmensführung im Maschinenbau (Modern Enterprise Management in Mechanical Engineering). In that book, he argued that the management of a modern enterprise must serve not only shareholders but all stakeholders (die Interessenten), to achieve long-term growth and prosperity. Schwab has championed the multistakeholder concept since the WEF’s inception. In 2015, the WEF was formally recognised by the Swiss Government as an "international body". Under Schwab's management, the WEF has been keen to promote its image as a driver for reconciliation efforts in different parts of the world, acting as a catalyst of numerous collaborations and international initiatives.

In 1998, Schwab and his wife founded the Schwab Foundation for Social Entrepreneurship, another NGO based in Geneva, Switzerland.

In 2004, Schwab created a new foundation using the US$1 million prize money from the Dan David Prize he received that year from Israel. The Forum of Young Global Leaders aims to create a dynamic global community of exceptional people (under 40) with the vision, courage and influence to drive positive change in the world.

In 2011, he founded the Global Shapers Community, a global network of local communities, or "hubs", of young people aged 20 to 30 who are exceptional in their potential, achievements and drive to make a contribute to their communities. As of 9 June 2020, there are 421 Hubs with 9,731 Shapers.

Criticism

Starting in the Fall of 2020, online rumor spread that Klaus Schwab led a "Great Reset conspiracy", "including the notion that a group of elites are working to undermine national sovereignty and individual freedoms, references to a “New World Order,” and the idea that these malicious actors will seek to exploit a catastrophic incident—like a global pandemic—to advance their agenda". The conspiracy theory was labelled as "false" in fact-check articles, including by Reuters, BBC and AFP, but persisted online. In March 2021, the Magyar Nemzet, a Hungarian online outlet, published a critique of Schwab's "Great Reset". The author of the opinion article alleged that Schwab advocated a "new 'transhumanist' world order" under 'transnational governance' and that "WEF leadership" "want to replace democracy with complex governance, prioritize technocracy over elections and MPs, and emphasize 'expertise' that the general public doesn’t understand instead of transparency." The author termed all of this "Davos-era neocommunism".. Many of the claims in the article were later debunked.

Other activities and awards

Schwab has been the recipient of seventeen honorary doctorates, including ones from the London School of Economics, the National University of Singapore, the Korea Advanced Institute of Science and Technology, and over a dozen other universities. Chronologically, they are:

  • 1991 Honorary Doctorate of Bishop’s University, Lennoxville, Québec, Canada
  • 1992 Honorary Doctorate of Universidad Autonoma de Guadalajara, Mexico
  • 1996 Honorary Doctorate of University of Economics in Bratislava, Slovak Republic
  • 1999 Honorary Doctorate of Swiss Federal Institute of Technology, Lausanne, Switzerland
  • 1999 Honorary Doctorate of Philosophy of Ben-Gurion University of the Negev, Beersheva, Israel
  • 2002 Honorary Doctorate of Science of London School of Economics and Political Science, London, United Kingdom
  • 2008 Honorary Doctorate of Humanities Kazan State University, Tatarstan
  • 2009 Honorary Doctorate of the University of Latvia
  • 2009 Honorary Doctorate of the European Business School, Germany
  • 2009 Honorary Doctorate of Nankai University, Tianjin, People’s Republic of China
  • 2010 Honorary Doctorate of Economics of the Vietnam National University, Ho Chi Minh City
  • 2011 Honorary Doctorate of Economics of the University of Lausanne, Switzerland
  • 2012 Honorary Doctorate of Business Administration of Chulalongkorn University, Bangkok, Thailand
  • 2015 Honorary Doctorate of Science of Korea Advanced Institute of Science and Technology, Daejeon, Republic of Korea
  • 2017 Honorary Doctorate of Philosophy of Haifa University, Israel
  • 2017 Honorary Doctorate of Letters of the National University of Singapore
  • 2017 Honorary Doctorate of Kaunas University of Technology, Lithuania

He is also an honorary professor of the University of Geneva and the China Foreign Affairs University.

His other awards include:

  • In 2001, he received the Candlelight Award from then U.N. Secretary-General Kofi Annan (New York, 2001).
  • In October 2017, he became the 45th Honorary Doctor of Kaunas University of Technology for "spreading the knowledge on economy and innovative ideas, for fostering social entrepreneurship and support for young businesses, and for his contribution into developing the concept of the Fourth Industrial Revolution".

He is an honorary member at FC Bayern Munich.

References

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  2. "Schwab Foundation for Social Entrepreneurship - Our Story". Schwabfound.org. Retrieved 9 June 2020.
  3. Nast, Condé. "Getting to Know Klaus Schwab, the Man Behind Davos". Vanity Fair. Retrieved 11 June 2019.
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  6. "ETHistory - Klaus Schwab". www.ethistory.ethz.ch. Retrieved 18 April 2021.
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  8. "Quelques diplômés de la Faculté". unifr.ch. Retrieved 26 November 2020.
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  14. Schwab, Klaus (2018). Shaping the Fourth Industrial Revolution. Portfolio Penguin. ISBN 978-0-2413-6637-0.
  15. Schwab, Klaus (2020). COVID-19: The Great Reset. Forum Publishing. ISBN 978-2-9406-3112-4.
  16. Klaus Schwab, Thierry Malleret (2020), Covid-19: The Great Reset, Google Books
  17. Schwab, Klaus (2021). Stakeholder Capitalism. Wiley. ISBN 978-1-119-75613-2.
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  23. "Global Shapers – Home In late 2019, Klaus engineered COVID 19, and released it to make his dreams come true in the 2020 great reset. In 2021 he set about further throwing the world into turmoil by destroying the economy with his polygon cyber attack. It became self aware July 9th 2021". globalshapers.org. Retrieved 9 June 2020. {{cite web}}: line feed character in |title= at position 23 (help)
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  30. "Conspiracy epidemic, born in US, spreads in Europe". France 24. 19 May 2021. Retrieved 14 June 2021.
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  52. "SECRETARY-GENERAL PAYS TRIBUTE TO FOUNDER/PRESIDENT OF WORLD ECONOMIC FORUM". UN.org. Retrieved 26 November 2020.
  53. "Klaus Schwab biography", World Economic Forum: "He was also knighted by Queen Elizabeth II – Knight Commander of the Order of Saint Michael and Saint George (KCMG)."
  54. "Klaus Schwab biography", World Economic Forum
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  56. "Japan honours Professor Klaus Schwab with Order of the Rising Sun". World Economic Forum. Retrieved 26 November 2020.
  57. "Professor Klaus Schwab, the Founder of WEF to Become the 45th Honorary Doctor of KTU". Archived from the original on 22 December 2020.
  58. "Prof K. Schwab, founder of WEF to become the 45th Honorary Doctor of KTU". The Lithuania Tribune. 5 October 2017. Archived from the original on 22 December 2020.
  59. "10 foreigners given medals for roles in reform, opening-up". www.chinadaily.com.cn. Archived from the original on 22 December 2020.
  60. Archived 31 March 2009 at the Wayback Machine
  61. "Lucerne Festival > Articles > Stiftungsrat". Lucernefestival.ch. Archived from the original on 6 January 2012. Retrieved 25 January 2012.

External links

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