Are you feeling optimistic about 2024? According to the World Economic Forum (WEF), the answer might be a resounding "no."
Every year, the WEF surveys 1,500 of its community members—comprised of elite business leaders, academics, politicians, and more—about key global risks. This data is then analyzed in collaboration with Marsh McLennan and Zurich Insurance Group. The latest report, released ahead of the WEF's annual meeting in Davos this month, offers a bleak outlook.
The findings reveal that the Davos attendees have a largely pessimistic view of the world over the next two years, with expectations of worsening conditions over the next decade. Specifically, 54 percent anticipate "some instability and a moderate risk of global catastrophes" in the near term, while 30 percent foresee severe upheaval.
Every year, the WEF surveys 1,500 of its community members—comprised of elite business leaders, academics, politicians, and more—about key global risks. This data is then analyzed in collaboration with Marsh McLennan and Zurich Insurance Group. The latest report, released ahead of the WEF's annual meeting in Davos this month, offers a bleak outlook.
The findings reveal that the Davos attendees have a largely pessimistic view of the world over the next two years, with expectations of worsening conditions over the next decade. Specifically, 54 percent anticipate "some instability and a moderate risk of global catastrophes" in the near term, while 30 percent foresee severe upheaval.