A survey by the World Economic Forum (WEF) has found that the threat of a major economic crisis represents the deepest concern among global business leaders. The WEF's 2019 Executive Opinion Survey found that fiscal crises have leapfrogged the risks posed by cyber attacks, unemployment or underemployment and energy price shocks to top the list. "The risk of an economic shock is now at its highest level since we began tracking it in 2005," said Michael Hewson, chief economist for EY ITEM Club.
A survey by the World Economic Forum (WEF) has found that the threat of a major economic crisis represents the deepest concern among global business leaders. The WEF's 2019 Executive Opinion Survey found that fiscal crises have leapfrogged the risks posed by cyber attacks, unemployment or underemployment and energy price shocks to top the list. Heightened economic uncertainty and the increasingly decentralised threats faced by markets were cited as the main reasons behind the rise.