Global Risk Network

Second Global Growth@Risk Report 2008

The Global Risk Network has launched its second Global Growth@Risk report ahead of the Forum’s Annual Meeting of New Champions in Tianjin, China. The report considered a number of short-term and longer-term risks to growth for both markets and corporations.

The report looks at the potential short-term impact of the credit crisis and its implications beyond the financial sector for the real economy and growth across different markets and sectors. It also explores the policy paradoxes facing both central banks and regulators alike. Given the risk of contagion to the real economy and further losses, whether from consumer credit defaults, or in the US$6.3 trillion credit derivatives market, the report flags the need for regulators to take remedial action without damaging the future competitiveness of their financial centres. 

Download the report (PDF)
Report graphs and figures (PDF)
Executive summary (PDF)
Press release

Video interview

About the Global Risk Network

Mapping solutions to the greatest risks
The Global Risks Report
Global Risks 2008
Contact
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Mapping solutions to the greatest risks

In an increasingly complex and interconnected global environment, risks can no longer be contained within geographical or system boundaries. Globalization has caused risks to assume new dimensions and affect more and more sectors of the global economy. The Global Risk Network seeks to identify and assess key current and emerging risks to global business and the world economy that are systemic in nature. It strives to study global risks, assess their likely effects on different markets and industries, and advance thinking about mitigation possibilities.

The Global Risks Report

The Global Risks Network produces a number of regional and topical reports, along with its flagship publication, The Global Risk Report, released annually ahead of the World Economic Forum’s Annual Meeting in Davos. The Global Risks Report is the result of a collaboration with Strategic Partners of the Forum: Citigroup, Marsh & McLennan Companies (MMC), Swiss Re, Zurich Financial Services; and Wharton School Risk Center. It discusses changes occurring in the global risks landscape from year to year and identifies those global risks that are set to play a critical role in the upcoming year. The report also explores the interconnectedness of risks, and considers how the strategies for the mitigation of global risks might be structured. Its conclusions are the result of various workshops and discussions facilitated by the Global Risks Network and involving its partners, but also other business, academic, think tank and government stakeholders.

Global Risks 2008

On January 9, the World Economic Forum launched its latest Global Risks Report: Global Risks 2008. The report highlights the need for new thinking and concerted action on a number of issues, as illustrated by the emergence of new, systemic, global risks. These include financial risks, food security, supply chain vulnerability and energy risks. 

Global Risks 2008 (PDF) I Spanish version (PDF) I Chinese version (PDF) I  Press release

Contact
For more information, please contact: globalrisks@weforum.org