The Banking Executive Magazine - July 2023 Issue

CONCLUSION World summits plays a vital role in addressing global challenges, sup- porting growth and driving change. Latest world summits were a mean to bridge ties between countries, en- hance digital connectivity, channel investment to vital joint projects be- tween countries, and draw a path to achieve sustainability goals. How- ever, these summits were geopoliti- cal, driven by national and group interest, strengthening the power of the giants thus leading nations to fall in the valleys of imbalance of power, supporting strong nations at the detriment of the poor nations, and failing to meet a global need, stop- ping wars, taming inflation and levy- ing poverty Summits and Valleys ASSESSMENT OF IMPACT OF WORLD SUMMITS G7 Davos Summit Arab Summit China-GCC Transform Africa World Green Summit IABS        Low Average Future Potential Promising High High Good Addressing World Challenges Growth and Innovation Turning Point in History Novelty Overall Impact the BANKING EXECUTIVE 46 ISSUE 175 JULY 2023