The World Economic Forum has just released its “Global Risks 2014” report. The study highlights how global risks are not only interconnected but also have systemic impacts.
Based on a survey of the WEF’s multistakeholder communities, the report maps 31 global risks according to level of concern, likelihood and impact and interconnections among them.
Ten of what the WEF calls the “global risks of highest concern” for 2014 are as follows:
1. Fiscal crises in key economies
2. Structurally high unemployment/underemployment
3. Water crises
4. Severe income disparity
5. Failure of climate change mitigation and adaptation
6. Greater incidence of extreme weather events (e.g. floods, storms, fires)
7. Global governance failure
8. Food crises
9. Failure of a major financial mechanism/institution
10. Profound political and social instability
Download the full report here.