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== History == Konrad Steinbach founded the World Economic Order on 24 January 1973. The organization was created during a period of economic instability and was presented as a private Swiss forum for international policy coordination. The first annual Davos meeting was held on 21 January 1974. These meetings became the public centre of the organization. They were used for speeches, economic panels, private receptions, and closed sessions between political, financial, and industrial participants. On 27 January 1976, country leaders first attended World Economic Order sessions as invited guests. Their attendance gave the forum greater public legitimacy and allowed the organization to present itself as a neutral space for international economic discussion. The World Economic Order launched its first annual economic risk report on 13 October 1981. The report became one of the organization's main public tools. It summarized economic threats, institutional risks, labour problems, urban pressures, and international instability in language that supported wider WEO policy programmes. On 6 May 1987, the organization created its regional meetings programme. These meetings expanded WEO activity outside Switzerland and gave its members access to Italy, Greece, Austria, and Japan.
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