Global Economic Risks and the Problem of Economic Security of the State

The article is aimed at analyzing the problem of global risks of modern era. Using the data obtained by experts from the World Economic Forum for 2017-2019, the authors found the five most dangerous global risks in terms of both the likelihood of an occurrence and the scale of the impact. The resear...

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Main Authors: Semenova Kateryna D., Tarasova Krystyna I.
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2019-10-01
Series:Bìznes Inform
Subjects:
Online Access:https://www.business-inform.net/export_pdf/business-inform-2019-10_0-pages-38_43.pdf
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author Semenova Kateryna D.
Tarasova Krystyna I.
author_facet Semenova Kateryna D.
Tarasova Krystyna I.
author_sort Semenova Kateryna D.
collection DOAJ
description The article is aimed at analyzing the problem of global risks of modern era. Using the data obtained by experts from the World Economic Forum for 2017-2019, the authors found the five most dangerous global risks in terms of both the likelihood of an occurrence and the scale of the impact. The research identifies tendencies in changing global risks over recent years. It is specified that the main risks are found in the sphere of environment, ecology and technological security (cyber-risks). The emphasis is placed on researching global economic risks. The main factors of global economic risk are: the trade war between the United States and China; the large burden of the U.S. corporate debt; the crisis status of the markets in developing countries; China’s weak macroeconomic policy; cyberwarfare, as well as Italy’s political and financial instability. Prospects for further research in this direction is an analysis of geopolitical and technological risks, which increase economic risks, as well as prediction of the probability of a particular economic risk in both short- and medium-term.
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spelling doaj.art-e7da4dd39cd54196880b4e3d1612fdba2022-12-22T03:19:37ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2019-10-0110501384310.32983/2222-4459-2019-10-38-43Global Economic Risks and the Problem of Economic Security of the StateSemenova Kateryna D.0Tarasova Krystyna I.1Odesa National Economic UniversityOdesa National Economic UniversityThe article is aimed at analyzing the problem of global risks of modern era. Using the data obtained by experts from the World Economic Forum for 2017-2019, the authors found the five most dangerous global risks in terms of both the likelihood of an occurrence and the scale of the impact. The research identifies tendencies in changing global risks over recent years. It is specified that the main risks are found in the sphere of environment, ecology and technological security (cyber-risks). The emphasis is placed on researching global economic risks. The main factors of global economic risk are: the trade war between the United States and China; the large burden of the U.S. corporate debt; the crisis status of the markets in developing countries; China’s weak macroeconomic policy; cyberwarfare, as well as Italy’s political and financial instability. Prospects for further research in this direction is an analysis of geopolitical and technological risks, which increase economic risks, as well as prediction of the probability of a particular economic risk in both short- and medium-term.https://www.business-inform.net/export_pdf/business-inform-2019-10_0-pages-38_43.pdfriskglobal riskworld economic forumeconomic riskeconomic securityrisk factor
spellingShingle Semenova Kateryna D.
Tarasova Krystyna I.
Global Economic Risks and the Problem of Economic Security of the State
Bìznes Inform
risk
global risk
world economic forum
economic risk
economic security
risk factor
title Global Economic Risks and the Problem of Economic Security of the State
title_full Global Economic Risks and the Problem of Economic Security of the State
title_fullStr Global Economic Risks and the Problem of Economic Security of the State
title_full_unstemmed Global Economic Risks and the Problem of Economic Security of the State
title_short Global Economic Risks and the Problem of Economic Security of the State
title_sort global economic risks and the problem of economic security of the state
topic risk
global risk
world economic forum
economic risk
economic security
risk factor
url https://www.business-inform.net/export_pdf/business-inform-2019-10_0-pages-38_43.pdf
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AT tarasovakrystynai globaleconomicrisksandtheproblemofeconomicsecurityofthestate