
Good morning, Peter Vanham here, filling in for Alan.
What are the global risks facing business leaders in the new year? It’s a question the World Economic Forum attempts to answer each year ahead of its annual meeting. And with “Davos” starting next week, the Swiss organization on Wednesday revealed its 2023 risk survey results. (Disclosure: I’m a former WEF employee.)
It won’t surprise anyone that the “costs of living crisis” and “geo-economic confrontation” top the list of short-term risks in the Davos crystal ball, alongside natural disasters and extreme weather events. Predictions about the future are hard to make, after all, so people revert to the risks they know.