Gloomy Outlook for Global Recovery, World Economic Forum Survey Finds

Gloomy Outlook for Global Recovery, World Economic Forum Survey Finds
A helicopter flies over the ski resort during the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, on Jan. 23, 2020. Denis Balibouse/Reuters
Reuters
Updated:

LONDON—Only one in 10 World Economic Forum members surveyed expects the global recovery to accelerate over the next three years, a poll of nearly 1,000 business, government, and academic leaders found, with only one in six optimistic about the world outlook.

Climate change was seen as the number one danger by respondents in the WEF’s annual risks report on Tuesday, while the erosion of social cohesion, livelihood crises, and mental health deterioration were identified as risks that had increased the most since the start of the COVID-19 pandemic.