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Message from the WYEF committee

Dear delegates,

We stand at a critical point in history where unprecedented events have heralded us to a current moment of crisis. Our ability to respond collectively and with resilience in this present moment will shape and determine the future that is to come.

The challenges that we face today are multi-fold. The COVID-19 pandemic has had a debilitating impact on our economies and societies, as lockdown measures and halting of business activities have led economies to experience dismal growth or to shrink into recession. As we enter an era of post-pandemic recovery, the rapid surge in demand across sectors has triggered supply side shortages, leading, consequently, to inflation in global food and energy prices. Additional factors such as global trade restrictions have further created a cascading effect on the crises that we face.

globalizing cost-of-living crisis and a rapidly deteriorating climate and related ecosystems to social unrest triggered by lack of economic opportunities. Beyond these ‘old’ threats, we also have new threats that loom on the horizon, such as increasing cybercrime and attacks on tech-enabled critical infrastructure which can weaken the digital security and sovereignty of nations.

Business, finance, and economics leaders now face an increasingly complex global risk landscape in which they need to navigate. To build successful and thriving organizations, leaders must understand the risks that exist and
identify patterns and interconnectedness between risks in order to secure a future of continuous growth possibilities.

In this World Youth Economic Forum, we invite you - our future business, finance, and economics leaders - to explore the dynamics of change, to anticipate emerging trends, and to identify solutions that mitigate both pressing challenges of the present and complex challenges of the future that are yet to unfold.

Outstanding teams will not just be able to demonstrate their drive to pursue capital and markets, but to alsopresent a vision and strategic roadmap to chart the path forward for a more prosperous and secure future.

We await to see your brilliance and we believe the best is yet to come.

See you at World Youth Economic Forum 2024!