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Views from the Center

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Poverty and Development at Davos: From Celebrity Glitz to Quiet Action

What a difference a year can make! Davos 2005 had Bono and Sharon Stone among other glitterati talking about global poverty and global health, and featured at least three crowded plenary sessions on Africa, aid, AIDs, malaria and more -- with Tony Blair, Gordon Brown, Bill Gates and Jeffrey Sachs. It was 2005: the year of development announcements and commitments.

Davos Dispatch: Clinton's Biggest Worries

In my first dispatch from Davos, I observed that the atmosphere was upbeat. The business community is not worrying much about the dark predictions of the past year. There is, after all, still no collapse of the dollar despite the U.S. trade deficit; interest rates and inflation worldwide are low, and oil price increases are being easily absorbed. India and China are emerging as the new engines of growth and symbols of why market economies work.