The World Economic Forum (WEF) has issued its yearly Global Risk Report 2021 in cooperation with the Oxford, Wharton, and Singapore universities.
What has changed from last year?
Interestingly, one of the most likely and dangerous risks listed in the previous years, a pandemic, has become reality.
Therefore, what's taking more importance in 2021 than before is all the risks related to the aftermath of the pandemic. As the WEF puts it: "the risks from societal fractures—manifested through persistent and emerging risks to human health, rising unemployment, widening digital divides, youth disillusionment, and geopolitical fragmentation. Businesses risk a disorderly shakeout which can exclude large cohorts of workers and companies from the markets of the future".
According to the WEF, "in 2020, the risk of a pandemic became reality. As governments, businesses, and societies grapple with COVID-19, societal cohesion is more important than ever".
You can download the full WEF report here: