Social crisis, survival of humanity: what makes Davos elite tremble
According to the authors of the report, the human and economic cost of Covid-19 is severe.
AFP
Text by: RFI Follow
2 min
Social crises on the back of a pandemic, financial collapse or the effects of climate change, these are the risks that threaten global stability.
This is what the World Economic Forum points out in its annual report on global risks.
Like every year, the organization behind the annual meeting of the world's elite in Davos took the pulse of business leaders, politicians, experts and association officials.
Their observation is extremely pessimistic,
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The world should wake up to the risks that lie ahead
": In the short term, economic and political leaders worry about epidemics, increased poverty and the risk of weather disasters, all in both years to come.
Within three to five years, the threat would be more economical.
The most frequently cited are: the explosion of financial bubbles fueled in recent years by the largesse of central banks and the failures of global technological infrastructures.
Concern also for price stability.
And then, in the long term, the partners of the Davos Forum fear for the very survival of humanity.
They worry about the untimely use of weapons of mass destruction, about the possible collapse of entire states.
Fears also for biodiversity.
A
very dark and even anxiety-provoking picture
.
According to the authors of the report, the human and economic cost of Covid-19 is severe.
It threatens to erase several years of progress in poverty reduction and further weaken social cohesion and international cooperation.
Pandemic requires, the Davos Forum should be held this year online from January 25 to 29, then a meeting in flesh and blood, in Singapore, should take place at the end of May.
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