Biz leaders for a ‘golden triangle’ to tackle global woes

Jan 24 2013, 00:44 IST
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SummaryCollaboration: The meeting is being held in a climate of policy challenges

World business leaders on Wednesday said there is a need for a ‘golden triangle’ collaboration between governments, companies and the civil society to rejuvenate the global economy, create jobs and fight corruption.

They also urged the economic movers and shakers attending the World Economic Forum annual meeting here to join forces to chart a clear path for the way forward. The meeting, with participation of influential world leaders like British Prime Minister David Cameron as well as Indian ministers and businessmen, is taking place at a time when fiscal woes across continents and anaemic world economic growth are posing policy as well as political challenges.

Setting the tone for the deliberations at this snowy resort town, Coca-Cola Company chairman and CEO Muhtar Kent, also co-chair of WEF meet, said that growth and job creation are going to be key for the global economy going forward. “We need to ask how can business, government and civil society rise to the challenge and create a golden triangle,” Kent said.

The call for collaborative efforts comes against the backdrop of corruption issues coming to the fore in various countries, including India, where the role of companies, banks, the government as well as individuals are under the scanner.

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