Worsening wealth gap seen as biggest risk facing the world in 2014

Unpublished
Davos, Switzerland - The chronic gap between the incomes of the richest and poorest citizens is seen as the risk that is most likely to cause serious damage globally in the coming decade, according to over 700 global experts that contributed to the World Economic Forum’s Global Risks 2014 report, released today.

Taking a 10-year outlook, the report assesses 31 risks that are global in nature and have the potential to cause significant negative impact across entire countries and industries if they take place. The risks are grouped under five classifications – economic, environmental, geopolitical, societal and technological – and measured in terms of their likelihood and potential impact.

The World Economic Forum’s Global Risks 2014 report finds income disparity the most likely risk to cause an impact on a global scale in the next decade
Other risks of significant concern include extreme weather events, unemployment and fiscal crises
The report analyses 31 global risks and includes special in-depth investigations into youth unemployment, digital disintegration and geopolitical risks
The report can be read in full at http://reports.weforum.org/global-risks-2014
The introductory video can be viewed at http://wef.ch/GRR2014video


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