Presidents, CEOs of major companies, academic heavyweights and global influencers attended the annual World Economic Forum (WEF) this week. It’s a group of elites talking about things that affect none of them, but do affect the poor, most of whom are in developing countries.

The temptation is to say the WEF is a talkshop with no action and accountable people, but this is not the case. The headline show is a sideshow, while the sideshows individual countries hold with investors are the main show...

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