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Global Risks 2013 Report

Economic Malaise and Environmental Challenges Combined Create a Dangerous Mix for the Next Decade

The world is more at risk as persistent economic weakness undermines our ability to tackle increasing environmental challenges, according to the World Economic Forum's Global Risks 2013 Report.

Published in cooperation with Marsh & McLennan Companies, Global Risks 2013 is the flagship initiative of the World Economic Forum's Risk Response Network. Marsh & McLennan Companies has been a critical and leading contributor to this report since its inception. This year's report is the eighth in the series.

The 2013 report is developed from an annual survey of more than 1,000 experts from industry, government, academia, and civil society who were asked to review a landscape of 50 global risks.

The risks that respondents rated most likely to manifest over the next 10 years are severe income disparity followed by chronic fiscal imbalances. Following a year of extreme weather, respondents rated rising greenhouse gas emissions as the third most likely global risk, while the failure of climate change adaptation is considered the environmental risk with the most knock-on effects for the next decade.

The report analyzes three major risk clusters of global concern:

1. The Dangers of Hubris on Human Health
2. Testing Economic and Environmental Resilience
3. Digital Wildfires in a Hyperconnected World

A Special Report examines the difficult issue of how a country should prepare for a global risk that is seemingly beyond its control or influence. A chapter on X Factors, developed in partnership with the editors of Nature, a leading scientific journal, looks beyond the 50 global risks surveyed in the report to identify five "emerging game-changers," including runaway climate change; significant cognitive enhancement; rogue development of geoengineering; costs of living longer; and discovery of alien life.

Copyright © 2013, Marsh & McLennan Companies, All rights reserved.