Page 24 - WEF Reoprt 2020
P. 24

The Fraying







 Fundamentals   Recent editions of the Global Risks Report     challenged as leaders advance nationalist

                                                               policies and citizens’ discontent hardens with
            have warned of downward pressure on the
            global economy from macroeconomic
                                                               advancement for all. A challenging economic
            fragilities and financial inequality. These        systems that have failed to promote economic
            pressures continued to intensify in 2019,          climate may persist: according to the Global
            increasing the risk of economic stagnation.        Risks Perception Survey, members of the
            Low trade barriers, fiscal prudence and            multistakeholder community see “economic
            strong global investment—once seen as              confrontations” and “domestic political
            fundamentals for economic growth—are being         polarization” as the top risks in 2020.



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