Consequences of “Arab Spring” to be discussed in Vienna
The World Economic Forum on Europe and Central Asia kicked off in Austria on June 8. The forum titled "Expanding the Frontiers of Innovation" will focus on issues of energy, health, economic security.
The Armenian delegation headed by Prime Minister Tigran Sargsyan participates in the sitting. The Armenian Premier will make a speech at the forum panel titled "Eying Russia."
The diverse yet highly interdependent economies of Europe and Central Asia have reached a critical juncture. While the advanced economies of the European Union are experiencing fiscal austerity and slower growth, emerging economies further east and in Central Asia are grappling with the pressures of rapid growth. In addition to these regional challenges, Europe and Central Asia must respond to game-changing global developments such as the Arab Spring and the impact of events in Japan.
The programme will identify the most promising opportunities and design strategies to promote innovation so critical to the future.
The Vienna-hosted event will bring together more than 500 leaders from business, government and civil society.