January 22, 2007

World Economic Forum : Global Risks 2007
The World Economic Forum—the organization that convenes the annual Davos meeting of global leaders—has released the Global Risks 2007 report. The report, published in cooperation with Citigroup, Marsh & McLennan Companies, Swiss Re and the Wharton School Risk Center, highlights a growing disconnect between the power of global risks to cause major systemic disruption and our ability to mitigate them.
Many of the 23 core global risks explored in the report have worsened over the last 12 months, despite growing awareness of their potential impacts, according to the report. In addition to specific risk mitigation measures, institutional innovations may be needed to create effective responses to a complex risk landscape.