Global Risk Report

The report is released by World Economic Forum (WEF).

  • The report identifies global catastrophic risks and examines the interconnectedness of global risks and describes strategies by which mitigation of global risks can be structured.
  • The broad five risks identified by the report,
    • Changing climate and extreme weather events
    • Rising Cyber dependency and rising cases of data fraud/theft
    • Increasing polarization of societies
    • Rising income and wealth disparity
    • Increasing national sentiment
  • The report warns about threat to global economic growth due to continuing geo-economic tensions, erosion of multilateral trading rules and agreements and increasing disruptions due to Fourth Industrial Revolution.
  • The report calls for a coordinated, concerted action ....
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