by. Going by the International Labour Organisation (ILO), more than 75 million youth worldwide are looking for work.

Kim also said emerging nations are playing a major role in maintaining overall growth. "Rich countries should thank the developing nations for maintaining the growth that we have seen in the last five years," he noted.

The leaders also said that the UK's position vis-a-vis EU would be needed to be looked out for, especially after British Prime Minister David Cameron's strong assertions about seeking a vote on the issue, and leaders from other parts of Europe saying that EU did not want unwilling members.

Cameron, incidentally, also promised his commitment to seek greater trade ties with India, while replying to a question from UK-based billionaire NRI industrialist G P Hinduja during aninteractive session.

Besides, there were discussions about Arab uprisings, with leaders from the region asserting that progress on women's rights and fight against corruption can't happen overnight.

At the WEF, the Bollywood night as well as the most-sought after Google party were missing this year. Also, many corporate parties took the form of semi-official breakfast, lunch or dinner sessions, rather than their earlier avatar of cocktail events. (Agencies)