According to a press release issued Sunday bY the WEF, the sense of the Meeting, echoed by Lawrence H. Summers, Director of the US National Economic Council (NEC), was that the world was experiencing "a statistical recovery and a human recession." In addition, said Josef Ackermann, Chairman of the Management Board and the Group Executive Committee of Deutsche Bank "At the end, it's an interdependent system," and he added as a Member of the Foundation Board of the World Economic Forum; and Co-Chair of the World Economic Forum Annual Meeting 2010. "If you lose the support of society, you are not going to achieve your corporate objectives." "If you have lost the trust of societies, you cannot just respond technically, you have to respond morally," said Josef Ackermann.
 

Job creation is critical to sustainable recovery. There is a role for all to play in job creation, underscored Patricia A. Woertz Co-Chair of the World Economic Forum Annual Meeting 2010. "And retaining jobs is as important as creating new ones." The recession also demonstrated that the world must hear better the voices outside of the G8. "The self-confidence of emerging nations is completely different," said Azim H. Premji, Co-Chair of the World Economic Forum Annual Meeting 2010. He warned that in India and China "if services are put under severe, unreasonable restrictions, you will get tariffs overnight." Rowan D. Williams, Archbishop of Canterbury, United Kingdom, urged participants to take collective responsibility for the future by being individually responsible now. Living responsibly in the present means living within ecological limits to ensure the security of work and food. "Responsibility for the future means being responsible for a vision of humanity which excites and enlarges us," he added.

On the global economic crisis, participating experts laid the blame on world banks, speculators and consumption patterns for the problem and its concomitant negative ramifications.
They stressed the important role of scientific and academic institutions in monitoring and analyzing the world financial situation and comparing it with economic theories with their different orientations.

They also emphasized that economics can answer to all questions pertinent to ways and means of going out of the current global financial crisis. Meanwhile, the World Economic Forum Annual Meeting 2010 has opened to the wider world through the cutting edge use of social media. The global public had the opportunity to follow debates live, send their video and/or text comments in specific sessions and discuss on Facebook, Twitter and YouTube. The Media Desk of the Forum said to the Kuwait News Agency (KUNA): "Overall the Forum has reached a worldwide audience of 430 million readers online namely through the use of social networks." In several key sessions, the social networking platform Facebook ran real-time pulses, polling over 200,000 people and bringing their views into the discussions at Davos.