In an increasingly complex and interconnected global environment, risks can no longer be contained within geographical or system boundaries. No one company, industry or state can successfully understand and mitigate global risks.

Global Risks Report 2008

The World Economic Forum has released Global Risks 2008 (PDF), which highlights the need for new thinking and concerted action on a number of problems. The report expresses fears that the current liquidity crunch will spark a US recession in the next 12 months and calls for new thinking on systemic financial risk in response to the revolution in financial markets over the last two decades.

Pictures of the authors can be downloaded 

Video: Watch video interviews with the Global Risk Network team

About the Global Risk Network
The World Economic Forum, with numerous links to business networks, policy-makers and government, NGOs and think-tanks, is in a unique position to advance new thinking on global risks, to generate risk mitigation measures and to integrate current knowledge on global risks.

The Global Risk Network was founded by the World Economic Forum in 2004 in response to concern the international community and the global business community were not yet able to respond adequately to a changing global risk landscape. The Programme has moved forward in partnership with Citigroup, MMC (Marsh & McLennan Companies, Inc.), Merrill Lynch, Swiss Re and the Center for Risk Management and Decision Processes, and Wharton School.

In 2007, the World Economic Forum aims to build on its existing networks to provide strategic insight on global risks to its members and to help improve the collective global ability to mitigate risk.

Learn more about global risks

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