Covid pandemic could be source of global crisis for years: World Economic Forum
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Paul Gordon
, Bloomberg
The World Economic Forum s (WEF) annual survey of global risks lists infectious disease and livelihood crises as the top clear and present dangers over the next two years. Knock-on effects such as asset bubbles and price instability lead concerns over 3-5 years.
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The coronavirus has exposed the “catastrophic effects of ignoring long-term risks such as pandemics, and the economic and political consequences could cause more crisis for years to come, according to the World Economic Forum.
The WEF’s annual survey of global risks lists infectious disease and livelihood crises as the top “clear and present dangers over the next two years. Knock-on effects such as asset bubbles and price instability lead concerns over 3-5 years.
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