Global experts fear geopolitical disruption

MONDAY, JANUARY 23, 2012
Global experts fear geopolitical disruption

Fear among international experts of a major geopolitical disruption over the next 12 months has risen significantly to 54 per cent, just as confidence in the state of global cooperation has dropped, according to the World Economic Forum's third Global Co

 

 

Over 1,200 global experts from the public and private sectors were sent the survey for the Global Confidence Index – a joint initiative of the World Economic Forum’s Risk Response Network and  Global Agenda Councils.

Respondents remain pessimistic about the global economic outlook, as the crisis of confidence reflected in the previous two quarters continues unabated.

A consistent 60 per cent of respondents said they lacked confidence in the state of global governance, signalling little trust in political leadership to deal with global risks.