key findings of the report: 1、Cost of living dominates global risks in the next two years while climate action failure dominates the next decade. 2、As an economic era ends, the next will bring more risks of stagnation, divergence and distress. The economic aftereffects of COVID-19 and th...
The Global Risks Report 2023, published by the World Economic Forum in collaboration with Marsh McLennan, examines how widening geopolitical, economic, and societal fissures will trigger and exacerbate crises to come. Drawing on insights from more than 1,200 experts and policymakers worldwide, the ...
In addition, leveraging the interconnectivity between global risks can broaden the impact of risk mitigation activities – shoring up resilience in one area can have a multiplier effect on overall preparedness for other related risks. As a deteriorating economic outlook brings tougher trade-offs for ...
The Top 10 Global Risks for 2023 Global Threats to Watch The world faces some of “the most dangerous” risks in decades in 2023, according to areportpublished this week by the Eurasia Group, a political risk consultancy. “A small group of individuals has amassed an extraordinary amount of...
Circumvention doesn’t benefit leaders in supply chain or quality. Not following a company’s quality policies exposes the organization to enormous risk if the wrong trade-off is made. Customer satisfaction can be negatively impacted, and further increase costs. With...
Global Insurance Report 2023: Expanding commercial P&C’s market relevance February 16, 2023 | ReportThe nature of risk is evolving faster than ever. Commercial carriers must step up to fulfill the societal desire for resilience in a volatile world by closing protection gaps—or risk losing...
GuySear(HeadofGlobalRiskMaritime,GIA)andJenny Paurys(Headof GlobalIntelligence Analytics). Thejointteamwouldliketoextendspecialthankstothefollowingexpertsfortheircommentson thedraftofthetechnicalreport:GylfiPalsson(LeadTransportSpecialist,ILTC1),NinanBijuOommen (SeniorTransportSpecialist,IEAT1),andYinYinLam(Senior...
s recent policy stimulus, businesses in China are anticipating economic recovery. At the same time, Chinese business leaders also see macro forces, including climate change, global supply chain crisis, geopolitical tensions, and cybersecurity, introducing more complexity to an ev...
work globally. Now translated into 20 different languages, the Thomson Reuters Supply Chain Ethical Code allows us to set a clear benchmark for the standard of ethics, accountability, and compliance with local and international regulatory requirements that we expect from our global network of ...
By contrast, supply chain disruption is the main external factor seen as more of a risk than opportunity, cited by 42% of respondents. Industry sector also has an impact on whether organisations sit at the value protection or value creation end of the risk appetite scale. Those in faster ...