Populism Is Waning, Which Is Reason to Party in Davos
“The global economy looks to be on a solid footing, with global growth in 2018 expected to be the fastest since 2011.”
For Davos participants, who tend to enjoy a self-congratulatory worry about sub-Saharan Africa in between mindfulness training, a simulation of life as a Syrian refugee
and an economic rationale for low taxes, these are comforting times to be alive.
But this year the champagne may be flowing even more freely than usual in the Swiss Alps resort of Davos, owing to a turn in the global situation pleasing
to the sorts of people who make the annual pilgrimage — heads of state, corporate chieftains and those who manage extraordinary piles of money.
