World Economic Forum: Global Risks 2012

World Economic Forum: Global Risks 2012

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Original Source: World Economic Forum

“The World Economic Forum’s Risk Response Network (RRN) was launched to provide private and public sector leaders with an independent, impartial platform to map, measure, monitor, manage and mitigate global risks. Our flagship research activity is this report. 

Now in its seventh edition, the report’s research methodology has been significantly revamped. Data and analysis are based on a newly designed survey covering a meaningfully expanded set of 50 global risks across five categories.  The assessments of these risks more than doubled as a result of this year’s survey, with 469 experts and industry leaders responding worldwide. The survey captures the perceived impact and likelihood for each risk over a 10-year time horizon using a clear and simple five-point scale to indicate the severity of impact, which provides a more intuitive measure than the billions of US dollars or hundreds of thousands of lives used in previous years. All of the above was achieved as a result of the unprecedented support from the Forum’s Network of Global Agenda Councils of over 1,000 renowned experts worldwide…”

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