The World Economic Forum in Davos is hard to access and expensive. Many attendees stay in nearby towns since staying in Davos can cost a fortune.
Networking opportunities at Davos are incredible. You can meet important leaders from various fields, and everyone is open to conversation.
The disconnect between elite discussions and everyday people's concerns is noticeable. Many topics feel irrelevant to the average person, which fuels populism and frustration.
Georgia's economy has shown impressive GDP growth rates, averaging 4.5% over the last decade and reaching 7-10% in recent years
Georgia's banking sector, dominated by Bank of Georgia and TBC Bank, is well-run with healthy credit utilization and manageable non-performing loans
Georgia's capital market faces challenges with low liquidity and complexities in ownership, reflecting broader issues with public company transparency in the country
Switzerland is known for its orderliness and efficient systems, which contribute to a high quality of life for its residents. People there generally trust each other and public services work well.
While many orderly countries experience slow economic growth, Switzerland manages to maintain growth despite its high level of order. This is unusual and raises questions about the relationship between order and economic expansion.
There are cultural differences in work habits and priorities across countries. In some places, people focus more on enjoying life, while in others, like the U.S., there’s a strong emphasis on work, which can lead to growth.