This is why, for the past decade, our parent company, Marsh & McLennan Companies, together with the World Economic Forum (WEF) and other partners, has examined which risks pose the biggest threats to global economic development over the next decade in a report issued in conjunction with the annual WEF meeting in Davos, Switzerland.
Global Risks 2015 examines the new risks that will arise from emerging technologies, interstate conflicts, extreme weather events, and other interconnected risks such as water crises. And Global Risks 2015 analyzes these interconnected risks and identifies the potentially cascading effects they create.
Interconnections among global risks have the potential to amplify consequences in unpredictable ways. This chart shows these interconnections and their strength. The strongest link, as identified by survey respondents, is between unemployment or underemployment and profound social instability.
The Risk Landscape
This chart aggregates World Economic Forum survey responses from 900 risk experts representing business, government, non-governmental organizations, research institutions, and the academic community. The vertical axis organizes risks according to their potential impact; the horizontal axis by their likelihood. Interstate conflict and water crises, for example, feature among the most likely and impactful risks.