Global risks 2010: a Global Risk Network report
This report explores a set of risks that share a potential for wider systemic impact and are strongly linked to a number of significant, long-term trends. Those include: (i) economic risks; (ii) geopolitical risks; (iii) environmental risks, from extreme weather, drought, cyclone, earthquake, flood, to pollution and biodiversity loss; (iv) societal risks, with pandemic and migration; and (v) technological risks, including critical infrastructure breakdown. The report seeks to offer a framework for decision-makers to look at risks in an integrated manner and to provide an impetus to different stakeholders to focus on ways to manage systemic risks more effectively.
First, the report considers the risks which feature highly on the Global Risks Landscape and which predated the recession but have been exacerbated by its impact through greater resources constraints or short-term thinking. The other risks discussed in the report include: transnational crime and corruption; biodiversity loss; and cyber-vulnerability. Then, the report looks at the ways to manage global risks and understand systemic vulnerabilities by developing a holistic approach to risk management at the country level and applying the findings of the report to corporations.