A survey of 345 “global experts” from business, government,international organizations and academia found most expect a “majorgeopolitical disruption” in the next year, according to the WorldEconomic Forum.
|The percentage expecting a major disruption rose to 54 percentfrom 36 percent three months ago, the Geneva-based forum said todayin an e-mailed statement. A geopolitical disruption refers to apolitical clash that has international implications, such as aterritorial conflict, terrorist act or civil war.
|Most respondents remained pessimistic about the global economyand 60 percent lack confidence in global governance, or the abilityof political leaders to deal with risks, unchanged from threemonths earlier, the survey found.
|“The possibility of a geoeconomic disruption, such as sovereigndefault, is to some degree reflected in the market, but a majorgeopolitical disruption clearly is not,” Lee Howell, managingdirector of the World Economic Forum responsible for the annualmeeting and the Global Risks Report 2012, said in a statement.
|The respondents are members of the forum's Network of GlobalAgenda Councils, which includes policy makers, academics andbusiness leaders.
|Bloomberg News
|Copyright 2018 Bloomberg. All rightsreserved. This material may not be published, broadcast, rewritten,or redistributed.
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