he World Economic Forum has just published its annual Report on Regional Risks for Doing Business. Not surprisingly the coronavirus pandemic has left its mark. Based on a survey of over 12,000 business leaders from 127 countries the report has unemployment top of the list, just like previous reports, like the one from the International Labour Organization, massive job losses due to the pandemic are expected to negatively impact business for the next 10 years. Fiscal issues, until recently the main risk factors, dropped into third position, followed by cyber attacks and social instability.
The Report is part of the Global Risk Initiative, which aims to find sustainable solutions for global environmental challenges, and that also includes the impact of a pandemic.
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