The World Economic Forum (WEF), during its Davos jaunt, created an intriguing set of 50 ‘global risks’. Of course these are from the perspective of the elitest of the elite but with more than 1000 respondents, the results seem all-encompassing. The global risk that respondents rated most likely to manifest over the next 10 years is severe income disparity, while the risk rated as having the highest impact if it were to manifest is major systemic financial failure. There are also two risks appearing in the top five of both impact and likelihood – chronic fiscal imbalances and water supply crisis. The report covers five key categories of ‘risk’ – which we will be posting on in the next few days – Economic, Environmental, Societal, Geopolitical, and Technological. In this first post we expose the 50 risks by magnitude and probability, how they have evolved over the past few years, and the importance of their inter-connectivity.

Click image for very large chart. The most ‘worrying’ risks are up and to the right (higher probability and high impact)… Chronic Fiscal Imbalances tops the chart along with Sever Income Disparity.

Ed Note: This article introduces 3 Risk Cases & 4 Charts,  like this one posted above, which can be enlarged. Just go HERE to read and view the entire report.