The annual meeting of the World Economic Forum, commonly known as the “Davos Conference” where leaders of the world's political and business circles gather, ended on the 20th.
World Economic Forum President Borge Brende, who hosts the conference, gave an interview to NHK before the closing.
Q. What was the outcome of this conference?
A. The conference sent a clear message that increased protectionism and geopolitical conflicts will cost the global economy even more fragmentation.
Continuing trade and dialogue and building relationships of trust are important for the recovery of the global economy.
Q.What kind of theme did you get interested in?
A. One of the key topics was how to revive global economic growth.
There were also good prospects for an economic recovery.
In addition to the rapid growth of the Indian economy, the Chinese economy is expected to grow again by the end of the year, and the inflation rate in Europe is also declining.
There was also a high level of interest in Japan's future monetary policy.
Q. This year, Japan is the chair country of the G7 = seven major countries.
What to expect as the world is divided?
A. Japan is located in an area of heightened geopolitical tension.
It is also one of China's major trading partners, but has disputed areas such as the South China Sea.
Japan has also taken a clear stance on the war in Ukraine, along with the West, and Japan's voice will become increasingly important in this multipolar world.