World Economic Forum’s Global Risks Report 2017 highlights the most significant long-term risks for each country and for the world as a whole. The report is based on the perspectives of experts and global decision-makers from each country. The highlighted factors represent the biggest concerns for all economies for the next ten years.
Nearly 750 experts share their views on the perceived impact and likelihood of 30 prevalent global risks as well as 13 underlying trends that could amplify them in each of the countries. Expert from each country are asked for the expert opinion on the matter.
World Economic Forum also takes the Executive Opinion Survey 2016 into account. The responses are used to analyze the business community’s take on global risks of highest concern. A total of 14,723 opinions from business executives in 141 economies were received. However, after clearing the data, 13,340 responses from 135 economies were retained. You can see the methodology in detail here.
Global Risks Report 2017
As far as Pakistan is concerned, the following were the top 10 major concerns for businessmen when considering the country’s economy:
The colored lines depict the concerns of experts with regards to Pakistan while the gray lines represent the comparable global average ratings for these factors. (The higher the share the bigger the concern).
As you can see terrorism, energy prices, lack of national governance, water issues and unemployment are the major issues Pakistan’s economy will continue to face in the next ten years. The issues need to be dealt with urgently if Pakistan wants to improve and stabilize its economy.
To view the report charts for the whole world or specific countries head here.