World Economic Forum released a report saying that the world faces five major risks in 2020.

's annual World Economic Forum annual meeting has once again attracted global attention. Nearly 3000 leaders from all walks of life from 117 countries and regions will attend the 50th annual meeting of the World Economic Forum. This annual meeting will, as always, highlight the theme of the development of the times, seek common ground while reserving differences in exchanges and dialogues, gather global ideas, and join hands with all walks of life to seek global development. Road.

Before the annual meeting, the World Economic Forum released the 15th issue of the Global Risk Report (2020), stating that in 2020, the world will face geopolitical turbulence, a further slowdown in the global economy, more violent climate change, and threats to cyberspace security. Five major risks, including increased global political and economic inequality. In the face of these challenges, the international community and stakeholders should take immediate action to address them.

report lists the five major risks facing the world in 2020. First, the instability of the geopolitical landscape has triggered global turmoil. The imbalance in the world economy, population and technological power has led to new geopolitical instability. The long-standing international structure of the multilateral system and its values have been questioned. Countries are increasingly responding to challenges and pursuing their own goals through unilateralism and nationalism.

is that economic stability and social cohesion are threatened. Macroeconomic fragility and financial inequality have put downward pressure on the global economy and increased the risk of an economic slowdown, as some national leaders have followedthe continuation of nationalist policies, low trade barriers, prudent fiscal policies and strong global investment, which were once regarded as positive factors of economic growth, are being eroded. The room for monetary and fiscal policy stimulus measures is smaller than before the international financial crisis, and macroeconomic uncertainty increases. In addition, economic confrontation between countries and domestic political divisions are also major risks. Affected by the bleak economic prospects, people are dissatisfied with the status quo, the way many governments deal with major economic and social issues is also unpopular, and protests occur frequently around the world, thus weakening the ability of governments to take decisive action in the event of economic downturn. Countries will lack the financial resources, political capital and social support needed to deal with major global risks.

climate crisis is approaching and biodiversity loss is accelerating. In the past five years, natural disasters have become more serious and frequent. Last year, there were unprecedented extreme weather in the world. Climate experts warn that rising global temperatures will lead to serious life and property, economic, social, environmental and geopolitical consequences, and the short-term impact of climate change will eventually lead to a major global emergency. Environmental issues occupy the top of the global long-term risks. The aggravation of biodiversity loss will have a crucial negative impact on human beings. The probability of occurrence is very high, and the rate of species extinction is accelerating compared with the past.

is that the digital divide and network inequality threaten the healthy development of the global economy. Although the development of digital technology and network has brought huge economic and social benefits to the world, the inequality of Internet access, the lack of a global technology governance framework, prominent network security issues, and the fragmentation of cyberspace constitute the collapse of information infrastructure. Major risks also threaten the exploitation and utilization of the potential of next-generation network technology.

is that the health care system is facing unprecedented pressure. New changes have taken place in society, environment, population and technology models. Cardiovascular diseases and mental diseases have replaced infectious diseases as the main cause of human death. The economic and social costs brought about by the extension of life and the management of chronic diseases have caused the health care systems of many countries to face crises.

report predicts that 2020 will be a year of geopolitical turmoil, increased international differentiation and slowing economic growth, and unilateralism may continue to prevail. The report also predicts global environmental risks in the next 10 years, including extreme weather events that cause major damage such as property damage, infrastructure damage and loss of human life; failure of government and business measures to deal with climate change; man-made environmental damage and accompanying Disasters, including soil destruction and the spread of radioactive pollution, etc.; loss of biodiversity and ecosystem collapse (land and sea) have irreversible consequences for the environment, the natural resources on which mankind depends for survival are severely depleted; major natural disasters such as earthquakes, tsunamis, volcanic eruptions and geomagnetic storms occur frequently. (Economic Daily reporter Yang Haiquan)

Source: China Economic Net-Economic Daily