The World Youth Economic Forum is being co-hosted by the Global Undergraduate Economic Forum and ASDAN from the UK.
Global Undergraduate Economic Forum is a student think-tank based at Yale University in the United States of America. It is a platform for undergraduate students across the Ivy League and other higher education institutions to debate issues of global importance in economics, international relations, politics, finance and development.
On behalf of the World Youth Forum from Yale University, it is a pleasure to welcome you to this annual event hosted in Shanghai. The forum is the first ever space for university and high school students to congregate and discuss issues of global economic importance: issues that today’s leaders in finance, economics, and commerce strive to find solutions for.
The World Youth Economic Forum is being co-hosted by the Global Undergraduate Economic Forum and ASDAN from the UK. This Forum will culminate in the creation of proposals and task forces addressed to global change makers, of which the best will be implemented.
The World Youth Economic Forum exists as an exordium in your journey towards becoming an aspiring global leader. It is a chance for you to apply the knowledge you gain in your classrooms, the articles that you read in The Economist and the events that unfold in front of you on the news to solving global problems in the same way that global change makers do at the World Economic Forum. The World Youth Economic Forum looks forward to welcoming you and to initiating a new form of student interaction with business and economics.
Founder of World Youth Economic Forum
Welcome to the 2018 World Youth Economic Forum! Every summer, the brightest students from all around the globe gather together in Shanghai to learn about and develop solutions to some of the most pressing economic issues of today. As participants of the 6th annual World Youth Economic Forum, you now have the opportunity to personally engage in intellectually rigorous debates and to offer your own insights as your committees attempt to seek answers to systemic financial problems.
This year’s conference theme is “In Tandem: Shaping the Global Imperative.” Although the world is becoming increasingly interconnected, it seems as if individual government agendas have taken precedence over the development of a shared purpose to improve the state of the world. While each committee will have a different focus, each and every delegate will be tasked to construct initiatives that consider the magnitude of the global benefit. As you prepare for the upcoming committee sessions, I urge you to keep this notion of a shared narrative in mind. How can we agree to a unified approach in the midst of differing, sometimes contentious, cultural perspectives? How can we encourage the expansion of global, shared obligations such as sustainable development? How do we ensure that our solutions are not tailored to benefit a certain country?
During the conference, I hope you are enriched by the interactions with young leaders from around the globe. Moreover, I also hope that in the course of discussion, you are challenged to think about particular issues from multiple perspectives. All delegates will have prepared their own research and may bring up unique points that you may have not previously considered. Keep an open mind during the course of debate, and I promise that the discussions you engage in and the experiences you draw from them will be much more fulfilling. I am excited to see the ideas you all will bring to Shanghai and I can’t wait to meet you all in person.
Secretary-General, World Youth Economic Forum 2018
High academic standard
Giving participants a unique chance to experience world-class discussions and debates. The participants will also need to prepare and practice beforehand in order to gain attention and applause during the debate.
Creative forum structure
The Forum is comprised of different economic committees, which would provide the participants discuss the most crucial economic issues and business cases. Meanwhile, they are specialized committee like Media, Mock-Trial, etc.
More than 3000 top high school students have participated in the forum, they are from China, the US, Switzerland, Germany, the United Kingdom, India, South Korea, Japan and 20 other countries in the 4 years.
Small committee with big chance
All committees are in small size with flexible
procedures, in order to create the most opportunities for you to speak out and share thoughts
Diverse social activities
Cross cultural communication is one of the key characteristics of the forum. We hope to promote it on many different occasions, e.g. social parities, session discussions, etc. Every school/group also has the chance to have an exhibition table to showcase their own culture.
What do they say?
“You get to know students from all over the world! ”
WYEF 2017 Participant
“All the hard work payed off when I was awarded the Best Delegate!”
WYEF 2017 Participant
Kantonsschule am Bruehl
New York University
2018 Conference Agenda
- Finalize solutions
- Prepare for final report Social event
Business Guest giving speech
• Rules and procedure introduction
|• Discussion and cases study|
Director lead delegats explore committee topic
• Discussion and find solution
Making speaking list.
• Discussion and draft solution
American unverisity application (English)
Financial executive shares career development (Chinese)
Economy Lectures (Chinese)
American campus life and study sharing (English)
Waltz training (Chinese)
Upscale business manner training (Chinese)
• Cases study and draft solution
Communicate with chair and edit solution
Delegates have fun and make friends with each other
• Present final solution
|Closing and Award Ceremony|
Jan - June 2018
April - June 2018
29 June 2018
22 June 2018
27 July 2018
Logistic Information Release
3 Steps WYEF Registration
Delegates will receive a broad introduction into their committee topics. Directors will begin with a presentation that puts
their committee topic in a global context, and introduce historical context and background information relevant to the
case. Delegates will also gain a working knowledge of the key terms and concepts necessary to join an informed discussion on the topic. Directors are encouraged to begin the committee with icebreakers to make delegates more comfortable.
The Director will create a "Speakers' List". Each delegate will be given time to present his/her role in the committee and
position on the current topic. Directors will elaborate on each of the roles as he/she sees fit and introduce different
organizational structures and coalitions, thus providing a theoretical framework for the case study to follow.
Third & Fourth session
Directors will also introduce the case study in this session. The rest of the conference will aim to tackle the case and devise
a solution. Delegates will divide into coalitions according to their assigned roles, and draft a comprehensive agreement
or policy recommendation, known as a "White Paper." Directors may choose different committee formats to facilitate
debate and discussion while delegates are developing their White Papers.
Students will present their White Papers in front of the entire committee.
Time may be allotted for a brief questions and answers sessio
If all presentations have finished, Directors may use the remaining time to debrief on the progress of the conference and
play concluding games.
To participate in the Yale World Youth Economic Forum (Shanghai), you will need to dedicate your time and energy to solving today's complex economic and commercial challenges that currently face the international community. To prepare for the forum, you will need to hone your research skills and gain more knowledge on your specific committee in order to successfully collaborate with other delegates. Therefore students will be expected to analyze the etailed background guides that they will be sent before the forum and any other information that they feel relevant.In return what you will gain from the conference is the chance to improve your economic analysis, understanding of global issues and gain lifelong contacts and friends from all over the globe. Most importantly though, throughout the process, your analytical skills and decision-making capacity will be tested and significantly improved.
In this forum, depending on the forum committee, you will have the chance to compete for the following awards:
Business Simulation: the Best Performing Company,
the Best Project and the Best Poster,
Economic debating committees: Best delegate,
Outstanding Delegate and Honorable Mention.
The Global Undergraduate Economic Forum (GUEF) committees:
There will be 8 forums focusing on debating the area of economic sustainability. Delegates will be representing real business and political leaders in order to solve the issues facing their committee. These committees will be chaired by the leaders of The Global Undergraduate Economic Forum which comprises of the best Economic students in Yale and Harvard University.
The ASDAN Business Simulation: Participants of the ASDAN Business Simulation will be expected to form their own business in a simulated market environment. Students will need to work as a team in order to be the company with the most profit at the end of the tournament. The competition will involve students analyzing their markets, making business decision on investment and costs and also making business presentations to a series of judges.
The Media Committee: The Media Committee members will forum the identity of the forum through their presentation of the news and events of the forum. Members of the media committee will create a daily newspaper for the forum, interview delegates and chairs and also make video content for the delegates to enjoy.
Business Mock Trial Committee: Mock Trial representatives at the conference will serve as lawyers, defendants, plaintiffs and witnesses. Participants will analyze real business legal cases and delve into the complexities and intrigue within business law. Participants will gain insight into the real drama and suspense created in the court room as they aim to represent their company’s argument in a persuasive and legal manner in this simulated court hearing.