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    • Global Risk Report – World Economic Forum Davos
     
    February 10, 2015

    Global Risk Report – World Economic Forum Davos

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    Richard Pagett ‘The Davos World economic Forum has been and gone and produced its traditional set of findings on global risks (http://www.weforum.org/reports/global-risks-report-2015). During the last ten years this annual report has been highlighting the most significant long-term risks worldwide, drawing on the perspectives of experts and global decision-makers. In previous years the reports tended to do the easier, less contentious stuff; identifying risks and how they are inter-linked. This year also added an attempt at potential causes. Hardly surprisingly, international conflict is the number one risk. Yet despite this the report shies away from being too critical. For instance, number three in terms of the likelihood of risk is “national governance”. Yet the evidence would suggest that this should be number one. It is a root cause of all of the ten impacts that are listed. The problem of national governance and by inference of global governance has recently been commented upon in Eradicating extreme poverty (2015) World Future Review, Sage Publishing US (to be issued late February/early March)’.

    Tagged: Governance, Risk

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