Top Global Risks of 2020: Trade Wars

Trade wars can create numerous risks for businesses and economies, affecting international trade, investment, the stock market, foreign investment, and supply chains. The central tools of a trade war are tariffs and trade barriers, which cause financial and economic disruption. The long-term consequences of a global trade war ...

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Top Global Risks of 2020: Terrorism

Globally, terrorism has been on the decline for several years. 2019 saw the continued weakening of the Islamic State of Iraq and the Levant (ISIL), including the death of Abu Bakr al-Baghdadi, the terrorist organization’s leader. However, it also saw one of the deadliest terrorist attacks since ...

Top Global Risks of 2020: Regionalization & Isolation

Isolationist policies reinforce the decline of multilateralism and pose a risk to international cooperation and trade. Much like isolation, regionalization is an inward-focused policy movement, a withdrawal from externally-focused interaction. Yet regionalization differs from isolation in that it also entails greater ...

Top Global Risks of 2020: Global Recession

The world economy has been experiencing a period of growth over the last few years. This growth was especially challenged in 2019 and seems unsustainable in 2020 as geopolitical disputes, changes in the international system, slowing levels of production, increasing global debt, and falling commodity prices impact economies around the world ...

Top Global Risks of 2020: Data Insecurity

Data insecurity has become one of the most prominent concerns for individuals, companies, and states alike. As we progress through the digital age and develop ever more advanced capabilities, data breaches and their associated costs become increasingly frequent, complex, targeted, and jeopardizing ...

Top Global Risks of 2020: Authoritarian Leadership

The continued presence of authoritarian leaders is a trend that has persisted despite the efforts of more democratic countries to encourage the adoption of representative governance. Going into 2020, authoritarian leaders control some of the world’s most powerful and influential countries and continue to ...