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klaus schwab

Globalisation is “a very easy scapegoat,” says WEF chief

GENEVA: The man behind the annual Davos forum that for decades has been singing the praises of global trade insists that globalisation is only one factor in dramatic shifts provoking angst and anger. Klaus Schwab, the 78-year-old founder and executive chairman of the World Economic Forum, told AFP in an interview this week he understood that rapid changes in our societies were provoking anxiety, but stressed that globalised trade was not the sole culprit. "It's not just a backlash against globalisation," he said, adding…