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29/01/2014

World Economic Forum warns of dangers in growing inequality, extreme weather

Auteur : Millennia2015

Source : Thomas Reuters Foundation

 

 

TRF_danger_growing_inequality

 

   

World Economic Forum warns of dangers in growing inequality, extreme weather

Thomas Reuters Foundation

 

Its annual assessment of global dangers, which will set the scene for its meeting in Davos next week, concludes that income disparity and attendant social unrest are the issue most likely to have a big impact on the world economy in the next decade.

 

The forum warned there was a "lost" generation of young people coming of age in the 2010s who lack both jobs and, in some cases, adequate skills for work, fuelling pent-up frustration.

 

This could easily boil over into social upheaval, as seen already in a wave of protests over inequality and corruption from Thailand to Brazil.

"Disgruntlement can lead to the dissolution of the fabric of society, especially if young people feel they don't have a future," said Jennifer Blanke, the World Economic Forum's (WEF) chief economist.

 

"This is something that affects everybody."

 

The survey of more than 700 global experts identified extreme weather events as the second most likely factor to cause systemic shocks, reflecting a perceived increase in severe conditions such as America's big freeze this winter. 

 

 

=> Direct link to the article here: http://www.trust.org/item/20140116091204-lrow0

 

 

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