Better efforts are needed to understand, measure and foresee the evolution of inter-dependencies between risks, points out a recent World Economic Forum report.
The ninth edition of the World Economic Forum report, titled “Global Risks 2014″, highlights that moving from urgency-driven risk management to more collaborative efforts to strengthen risk resilience would benefit global society.
Ten global risks of highest concern in 2014
The WEF report argues that the risks of highest concern to respondents are fiscal crisis in key economies, structurally high unemployment and underemployment and water crises. The following table highlights the top 10 global risks of highest concern:
The report points out that the...
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