The usual claim is that the people who are involved do have power to effect policies (mostly by deciding what to throw money at I think), and that that's where they meet to bounce ideas off eachother and generally get all on the same page.
It's the "it's a big club, and you ain't in it" thing.
gruez|11 months ago
The WEF is a talk shop that has no power to impose any sort of restructuring. Are you talking about the IMF?
tbrownaw|11 months ago
It's the "it's a big club, and you ain't in it" thing.