Wednesday, July 11, 2012
Global Risks 2012
The wor
ld's vulnerability to economic shocks and social upheaval risks undermining the progress that globalization has brought, according to "Global Risks 2012," the flagship report from the World Economic Forum's Risk Response Network, published in cooperation with Marsh & McLennan Companies, the parent company of Oliver Wyman, and other partners.
Based on a survey of 469 experts and industry leaders, the report finds that chronic fiscal imbalances and severe income disparity are the risks that are rated most likely to occur over the next 10 years, while a systemic financial crisis and food and water shortages are seen to have the highest potential impact over the same period. Compared with a year ago, the results show a shift of concern from environmental risks to socio-economic ones.
See full Press Release.
