Economics
Davos Elite Seeks Fixes to Defend the System From Populists
- IMF’s Lagarde speaks at Davos panel on middle-class crisis
- Bridgewater’s Ray Dalio says globalization might be ending
Lagarde: Advanced Economies Seeing Middle Class Crisis
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The great and the good of Davos agree they have a problem with populism. Finding a solution is the hard part.
On the second day of the World Economic Forum’s annual meeting in the Swiss Alps, delegates disagreed on how best to address the upending of the western political order, a debate made doubly urgent by the string of elections in Europe this year where anti-establishment parties could gain more ground.