The Future of the Global Financial System: A Near-Term Outlook and Long-Term Scenarios
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As the effects of the financial crisis continue to unfold, the world faces serious challenges to the functioning of both capital markets and the global economy. With aggregate demand falling, there is a significant risk of a severe global recession that will affect many sectors, asset classes and regions in tandem. It is in this context that the World Economic Forum is releasing this report.

Published
Thursday 15 January 2009