Any cause for concern? The Economist lists their top 10 risks to the global economy in 2019.
The Economist – March 6, 2019
The outlook for the global economy is worsening, argue researchers at The Economist Intelligence Unit.
From concerns over slowing growth in key economies, including China and the EU, to uncertainty in oil and financial markets, the number of major risks seem to be growing. This report identifies and assesses the top ten risks.
Each risk is outlined and rated in terms of its likelihood and its potential impact on the global economy by The Economist. Link to The Economist report
Top 10 risks to the global economy in 2019:
- A US-China trade conflict morphs into a full-blown global trade war
- US corporate debt burden turns downturn into a recession
- Contagion spreads to create a broad-based emerging-markets crisis
- China suffers a disorderly and prolonged economic downturn
- Supply shortages lead to a globally damaging oil-price spike
- Territorial disputes in the South or East China Sea lead to an outbreak of hostilities
- Cyber-attacks and data integrity concerns cripple large parts of the internet
- There is a major military confrontation on the Korean peninsula
- Political gridlock leads to a disorderly no-deal Brexit
- Political and financial instability lead to an Italian banking crisis