Dubai - The three-day event includes heads of state, scientists, scholars, academics, entrepreneurs, experts in finance and public policy.
Schwab further elaborated on the challenges of globalism. Highlighting the changing global sentiment around capitalism and the uncertainty people feel about their future, he proposed new paradigms for governments and policy-makers to consider while making key decisions about the changeable future.
Cautioning governments about the ‘emotional turmoil’ in the world, he warned against the tendency to reject the changing system by simply going back to the old system of neo-liberalism or the other extreme – libertinism – an anti-system which tears down everything that creates any influence of government in private lives.Here is a minute-by-minute update from Day 1 of the World Government Summit in Dubai:
Sunday, February 12
HE Mahamudu Bawumia's revelations on 'Leapfrogging Development: The African Story' at the #WorldGovSummit. pic.twitter.com/IRYuB6VEsN
- World Gov Summit (@WorldGovSummit) February 12, 2017
"We too will be judged on how we dealt with data." @SchneierBlog #WorldGovSummit pic.twitter.com/hq5ZzIYB3W
- World Gov Summit (@WorldGovSummit) February 12, 2017
"Let's show societies that the UAE and Japan are made up of diversity and the spirit of tolerance." @AbeShinzo #WorldGovSummit pic.twitter.com/K0GXhElmhT
- World Gov Summit (@WorldGovSummit) February 12, 2017
"Working women are 17% in the Arab world, which is unfortunate.
Our female graduates are over 70 percent" @HHShkMohd @WorldGovSummit
- Khaleej Times (@khaleejtimes) February 12, 2017
With the support of new ministers and administration,we tell you that Dubai government is ahead of all governments@HHShkMohd @WorldGovSummit
- Khaleej Times (@khaleejtimes) February 12, 2017
"They reached to a point where they got used to the position and weren't active. Management needs new people."@HHShkMohd @WorldGovSummit
- Khaleej Times (@khaleejtimes) February 12, 2017
"They performed their duty to the fullest but it was time for a new system":@HHShkMohd @WorldGovSummit
LIVE : https://t.co/7zWM6GxLH6
- Khaleej Times (@khaleejtimes) February 12, 2017
#WorldGovSummit Follow live coverage: https://t.co/7zWM6GxLH6 pic.twitter.com/7HxD4i0DZX
- Khaleej Times (@khaleejtimes) February 12, 2017
"UAE is ready to receive young people from the Arab world to train them on leadership skills." @HHShkMohd @WorldGovSummit
- Khaleej Times (@khaleejtimes) February 12, 2017
I am sure that within four years, the #GCC will do what was done in the past 40 years: @HHShkMohd @WorldGovSummit https://t.co/7zWM6GxLH6 pic.twitter.com/poynsXXlvP
- Khaleej Times (@khaleejtimes) February 12, 2017
#UAE has been exposed to conspiracy and criticism and media war but that never stopped us: @HHShkMohd #WSG17
Live: https://t.co/7zWM6GxLH6 pic.twitter.com/r0fv4xU2V8
- Khaleej Times (@khaleejtimes) February 12, 2017
'We plan to go to #Mars. Everyone in this program are all #Emiratis and young people in their 20s" @HHShkMohd @WorldGovSummit
- Khaleej Times (@khaleejtimes) February 12, 2017
"In #UAE we don't claim perfection. We learn and everyday we learn something new." -@HHShkMohd @WorldGovSummit
Live: https://t.co/7zWM6GxLH6 pic.twitter.com/NuaY8K7tgx
- Khaleej Times (@khaleejtimes) February 12, 2017
In #UAE, the achievement we take pride in the most is the human. The making of humans." @HHShkMohd @WorldGovSummithttps://t.co/7zWM6GxLH6 pic.twitter.com/Q2OQhdoMQ1
- Khaleej Times (@khaleejtimes) February 12, 2017
@HHShkMohd takes to the stage @WorldGovSummit
Video by Sherouk Zakaria
#WGS17 live coverage: https://t.co/7zWM6GxLH6 #KnowYourKT pic.twitter.com/CHllwlf7z6
- Khaleej Times (@khaleejtimes) February 12, 2017
. @HHShkMohd, Mohamed bin Zayed & @HamdanMohammed at the #WorldGovSummit pic.twitter.com/Jw867T1j9U
- Dubai Media Office (@DXBMediaOffice) February 12, 2017
????? ????? ???? ???? ??????? ???????? ???? ?????? ???????? ????? ???????? ??? ??? #?????_????????_????????. pic.twitter.com/wIVrc04Kns
- World Gov Summit (@WorldGovSummit) February 12, 2017
H.E Shinzo Abe: Since ancient times, the Middle East has prospered, thanks to the diversity of its people. #WorldGovSummit pic.twitter.com/xbxW1FHyli
- World Gov Summit (@WorldGovSummit) February 12, 2017
"I would like to express my deep appreciation for the UAE as an oasis for tolerance" Japan Prime Minister @AbeShinzo #WorldGovSummit
- World Gov Summit (@WorldGovSummit) February 12, 2017
Stay tuned for Japanese Prime Minister @AbeShinzo coming up live at the #WorldGovSummit https://t.co/8ee18t8PVz pic.twitter.com/ftmlcrQfrC
- World Gov Summit (@WorldGovSummit) February 12, 2017
#Guinea's President Alpha Conde at the @WorldGovSummit #WorldGovernmentSummit live coverage: https://t.co/7zWM6GxLH6#KnowYourKT #WGS17 pic.twitter.com/Eihctz5ITb
- Khaleej Times (@khaleejtimes) February 12, 2017
Watch now: The Japanese Model in Education with Tomoko Kitagawa https://t.co/8ee18t8PVz #WorldGovSummit
- World Gov Summit (@WorldGovSummit) February 12, 2017
#WorldGovSummit Live: Lessons in behaviour from the Japanese
Live coverage: https://t.co/7zWM6GxLH6 #KnowYourKT #WGS17 @japantechlesson pic.twitter.com/8NOWWTqcfl
- Khaleej Times (@khaleejtimes) February 12, 2017
"The more you dare the more you're going to get hurt. The more you dream the further you'll get." - @RobinSharma#WorldGovSummit #WGS2017 pic.twitter.com/exktEFdoYU
- Khaleej Times (@khaleejtimes) February 12, 2017
"If you want to lead you have to execute. Less talk, more do!," says @RobinSharma #WGS2017 #WorldGovSummit
Live: https://t.co/7zWM6GxLH6 pic.twitter.com/6JdMJ9WJ6h
- Khaleej Times (@khaleejtimes) February 12, 2017
"Every genius has one thing in common; extended periods of time away from interruption and distraction." @RobinSharma #WorldGovSummit
- World Gov Summit (@WorldGovSummit) February 12, 2017
Watch now: The Japanese Model in Education with Tomoko Kitagawa https://t.co/8ee18t8PVz #WorldGovSummit
- World Gov Summit (@WorldGovSummit) February 12, 2017
"One of your game changing advantages is: outlearn everyone around you." @RobinSharma #WorldGovSummit
- World Gov Summit (@WorldGovSummit) February 12, 2017
"If you are deriving your power from within your government, you're in a vulnerable position" - @RobinSharma#WGS17: https://t.co/7zWM6GxLH6 pic.twitter.com/t32VUxCK1F
- Khaleej Times (@khaleejtimes) February 12, 2017
"We live in a world where energy is more important than your intellect." @RobinSharma
- World Gov Summit (@WorldGovSummit) February 12, 2017
#WorldGovSummit Live: This is what the future leader looks like
Follow live coverage: https://t.co/7zWM6GxLH6 #KnowYourKT @RobinSharma pic.twitter.com/s8FAijfS6w
- Khaleej Times (@khaleejtimes) February 12, 2017
Watch Awa Marie Coll-Seck win The Best Minister Award 2017 at the #WorldGovSummit. pic.twitter.com/SmJf2coIUu
- World Gov Summit (@WorldGovSummit) February 12, 2017
Awa Marie Coll-Seck named as world's best minister at #WorldGovSummit
Follow live coverage: https://t.co/7zWM6GxLH6 #KnowYourKT pic.twitter.com/vb1Yu0LQZx
- Khaleej Times (@khaleejtimes) February 12, 2017
???? ?? ????? ?????? ????? ?????? ?? ????? ???? ???? ?????? ?????? ????? ???? ??????? ?????? ???? #?????_????????_???????? pic.twitter.com/aZ4Hrvc4al
- Dubai Media Office (@DXBMediaOffice) February 12, 2017
Global economic improvement matters to each and every one of us. - @Lagarde #WorldGovSummit
- UN Foundation (@unfoundation) February 12, 2017
#LiveNow: 'Change is something we must anticipate and plan for' @Lagarde. #WorldGovSummit https://t.co/u0d3jahDS5 pic.twitter.com/SV1cB4SWTv
- World Gov Summit (@WorldGovSummit) February 12, 2017
#WatchNow: His Highness Sheikh Mohammed bin Rashid Al Maktoum arrives at the #WorldGovSummit https://t.co/u0d3jahDS5
- World Gov Summit (@WorldGovSummit) February 12, 2017
#WorldGovSummit Live: Trade can improve lives, #Dubai style
Follow our live coverage: https://t.co/7zWM6GxLH6 #KnowYourKT #WGS17 pic.twitter.com/JNAbSCAkNm
- Khaleej Times (@khaleejtimes) February 12, 2017
#WorldGovernmentSummit Live: Why the youth doesn't trust the govt
Follow our live coverage: https://t.co/7zWM6GxLH6#KnowYourKT #WGS17 pic.twitter.com/V3LZagYfc8
- Khaleej Times (@khaleejtimes) February 12, 2017
"If you think that the jobs that are going to disappear are the muscle jobs, think again." @PresidentAoun at the #WorldGovSummit pic.twitter.com/PIg0lDSjPS
- World Gov Summit (@WorldGovSummit) February 12, 2017
President and Founder of Delphi Group, @TKspeaks, talking about Gen Z: They're coming and they'll disrupt governments #WorldGovSummit pic.twitter.com/Nz6vCBfpaf
- World Gov Summit (@WorldGovSummit) February 12, 2017
"For Gen-Z, collaboration is wired in the way they think [.]They demand transparency and connectivity." @hanan_hroub #WorldGovSummit pic.twitter.com/x8sW2J1QyP
- World Gov Summit (@WorldGovSummit) February 12, 2017
Teaching extraordinaire Hanan Al-Hroub attests that Gen-Z demands direct communication without the intermediary. #WorldGovSummit
- World Gov Summit (@WorldGovSummit) February 12, 2017
#WGS Live: What the future of education wil look like
Follow live coverage: https://t.co/7zWM6GxLH6@WorldGovSummit #KnowYourKT pic.twitter.com/nQBLohTQFQ
- Khaleej Times (@khaleejtimes) February 12, 2017
A new vision for innovation at the #WorldGovSummit.The Autonomous Aerial Vehicle. pic.twitter.com/A2TFHtQ5vq
- RTA (@RTA_Dubai) February 12, 2017
People trying out Virtual Reality at the Network Zone of the #WorldGovSummit. Photos: Dhes Handumon
Live #WGS: https://t.co/NcM7ltzSg8 pic.twitter.com/e0ruNt0rC6
- Khaleej Times (@khaleejtimes) February 12, 2017
Huge crowds at the #WorldGovernmentSummit 2017...
Video by Dhes Handumon/ Khaleej Times
Live coverage #WGS 2017: https://t.co/NcM7ltzSg8 pic.twitter.com/qQlrNCl3YN
- Khaleej Times (@khaleejtimes) February 12, 2017
Abdullah Bajad Al Otaibi addressing a session on 'Making of Extremists' #WGS #WorldGovernmentSummit: https://t.co/NcM7ltzSg8 #KnowYourKT pic.twitter.com/07cZxNQYe1
- Khaleej Times (@khaleejtimes) February 12, 2017
Agenda 2017 - The world's largest summit dedicated to shaping future governments https://t.co/Uyny9O3oxQ #WorldGovSummit
- Dubai Media Office (@DXBMediaOffice) February 12, 2017
Dr. Brian Greene: "This urge to explore is utterly basic to human nature. To many, it surfaces before we even learn languages." @BGreene pic.twitter.com/7j7clrnmoK
- World Gov Summit (@WorldGovSummit) February 12, 2017
Now: a session on "How Advanced Science is Shaping the Future of Governments" by Brian Greene #WorldGovSummit pic.twitter.com/jMAtsrIJN0
- Dubai Media Office (@DXBMediaOffice) February 12, 2017
The real fuel that drives economic growth is investment in basic science: Dr Brian Greene, @WorldSciFest
Live #WGS: https://t.co/NcM7ltzSg8
- Khaleej Times (@khaleejtimes) February 12, 2017
Up next: @BGreene, Physics and Mathematics Professor @Columbia, on How Advanced Science is Shaping the Future of Governments #WorldGovSummit
- World Gov Summit (@WorldGovSummit) February 12, 2017
If we want to go forward, we need new thinking where the human being and his social advancement are at the centre. #WorldGovSummit pic.twitter.com/NTV2oBptUj
- World Gov Summit (@WorldGovSummit) February 12, 2017
"Thank you to @HHShkMohd for having the foresight to host this meeting, "@CharlesSchwab #WGS2017
Live: https://t.co/NcM7ltzSg8 #KnowYourKT
- Khaleej Times (@khaleejtimes) February 12, 2017
" In #Dubai, the leadership lead with vision and determination, based on core values." @CharlesSchwab at #WGS https://t.co/NcM7ltzSg8
- Khaleej Times (@khaleejtimes) February 12, 2017
Artificial Intelligence could allow us to humanize globalization - Prof. Klaus Schwab @WEF #WorldGovSummit
- UN Foundation (@unfoundation) February 12, 2017
A delegate from #Japan making paper crafts at at #WorldGovSummit.
Follow our live coverage here: https://t.co/NcM7ltzSg8 #WGS #KnowYourKT pic.twitter.com/PpszS6DZXn
- Khaleej Times (@khaleejtimes) February 12, 2017
Up next: Prof. Klaus Schwab, Founder and Executive Chairman of @WEF on the Challenges of Globalism. #WorldGovSummit
- World Gov Summit (@WorldGovSummit) February 12, 2017
"Shifts are jeopardizing job opportunities but are also creating jobs," says Mohammed Al Gergawi at #WGS
Live: https://t.co/NcM7ltzSg8 pic.twitter.com/L3MEMJlLBt
- Khaleej Times (@khaleejtimes) February 12, 2017
#WorldGovSummit kicks off with a speech for Mohammed Al Gergawi pic.twitter.com/zxs0e2v1os
- Dubai Media Office (@DXBMediaOffice) February 12, 2017
The opening ceremony of #WorldGovSummit begins in #Dubai.
Follow our live coverage: https://t.co/NcM7ltzSg8#KnowYourKT pic.twitter.com/xJkPMe6nJT
- Khaleej Times (@khaleejtimes) February 12, 2017
Delegates arriving at Madinat Jumeirah to attend the #WorldGovSummit on Sunday. >>https://t.co/NcM7ltzSg8 Photo By Neeraj Murali#KnowYourKT pic.twitter.com/Lkss1D25re
- Khaleej Times (@khaleejtimes) February 12, 2017
Visitors at the #WorldGovSummit. (Photo by Neeraj Murali/KT)
Follow our live coverage here: https://t.co/NcM7ltzSg8#KnowYourKT pic.twitter.com/tFO4INgwGI
- Khaleej Times (@khaleejtimes) February 12, 2017
Starting tomorrow at the #WorldGovSummit: the most pressing topics that shape the future of governments. pic.twitter.com/NdANSlv11n
- World Gov Summit (@WorldGovSummit) February 11, 2017
Delegates arrive at Madinat Jumeirah to attend Day1 of World Government Summit. Photo By Neeraj Murali
Professor Klaus Schwab, Founder of WEF, speak on the Challenges of Globalism at World Government Summit.
A session on "How Advanced Science is Shaping the Future of Governments" by Brian Greene at World Gov Summit.
Joseph Aoun, President of Northeastern University.
The winner of The Best Minister Award at the #WorldGovSummit is Awa Marie Coll-Seck.
Image credit: Dubai Media Office