World Economic Forum Addresses Global Risks
Submitted by Aaron Huber on January 26, 2011
Economic disparity and global governance failures emerged from the Forum's Global Risks Survey 2010 as the two most highly connected risks and were perceived as both very likely and of high impact (see Global Risks Landscape and Risks Interconnection Map, in the Data Explorer). They influence the context in which global risks evolve and occur in two critical ways: first, they can exacerbate both the likelihood and impact of other risks; second, they can inhibit effective risk response
For more information about the World Economic Forum Risk Report visit http://riskreport.weforum.org
The world is in no position to face major, new shocks. The financial crisis has reduced global economic resilience, while increasing geopolitical tension and heightened social concerns suggest that both governments and societies are less able than ever to cope with global challenges. Yet, as this video shows, we face ever-greater concerns regarding global risks, the prospect of rapid contagion through increasingly connected systems and the threat of disastrous impacts.
Economic disparity and global governance failures emerged from the Forum's Global Risks Survey 2010 as the two most highly connected risks and were perceived as both very likely and of high impact (see Global Risks Landscape and Risks Interconnection Map, in the Data Explorer). They influence the context in which global risks evolve and occur in two critical ways: first, they can exacerbate both the likelihood and impact of other risks; second, they can inhibit effective risk response
For more information about the World Economic Forum Risk Report visit http://riskreport.weforum.org