"Taking a 10-year outlook, the report assesses 31 risks that are global in nature and have the potential to cause significant negative impact across entire countries and industries if they take place," is how the WEF describes the report in a statement accompanying its release.

 

"The risks are grouped under five classifications -- economic, environmental, geopolitical, societal and technological² -- and measured in terms of their likelihood and potential impact," the statement says.

 

The report canvasses³ the views of 700 experts from around the world. Ten of what the WEF calls the "global risks of highest concern" for 2014 are as follows:

 

"Fiscal crises feature as the top risk in this year's Global Risks report. Advanced economies remain in danger, while many emerging markets have seen credit growth in recent years, which could fuel financial crises. A fiscal crisis in any major economy could easily have cascading⁵ global impacts."

 

"Unemployment appears second overall, as many people in both advanced and emerging economies struggle to find jobs. Young people are especially vulnerable – youth unemployment is as high as 50% in some countries and underemployment (with low-quality jobs) remains⁷ prevalent, especially in emerging and developing markets."

 

 

"Environmental risks feature prominently on this year's list. Water crises, for instance, rank as the third highest concern, illustrating⁸ a continued and growing awareness⁹ of the global water crisis as a result of mismanagement and increased competition for already scarce water resources."

 

 

"Closely associated in terms of societal risk, income disparity is also among the most worrying issues. Concerns have been raised about the squeezing effect the financial crisis had on the middle classes in developed economies, while globalization has brought about a polarization of incomes in emerging and developing economies."

 

 

"Even as governments and corporations are called upon to speed up greenhouse gas reduction, it is clear that the race is on not only to mitigate¹⁰ climate change but also to adapt. Failure to adapt has the biggest effect on the most vulnerable, especially those in least developed countries."

 

 

"Climate change is the key driver of uncertain and changing weather patterns, causing an increased frequency of extreme weather events such as floods and droughts. The Global Risks 2014 report draws attention to the combined implications of these environmental risks on key development and security issues, such as food security and political and social instability, ranked 8th and 10th respectively."

 

 

"The risk of global governance failure, which lies at the heart of the risk map, was viewed by respondents as one of the risks that is most connected to others. Weak or inadequate¹¹ global institutions, agreements or networks, combined with competing national and political interests, impede¹² attempts to cooperate on addressing global risks."

 

 

"One of the top societal risks in the report, food crises occur when access to appropriate quantities and quality of food and nutrition becomes inadequate or unreliable. Food crises are strongly linked to the risk of climate change and related factors."

 

 

"Over five years after the collapse¹⁴ of Lehman Brothers, the failure of a major financial mechanism or institution also features among the risks that respondents are most concerned about, as uncertainty¹⁵ about the quality of many banks' assets remains."

 

 

"At number 10 is the risk that one or more systemically critical countries will experience significant erosion of trust and mutual¹⁶ obligations between states and citizens. This could lead to state collapse, internal violence, regional or global instability and, potentially, military conflict."

点击收听单词发音