These are the top 10 global fallout scenarios from the coronavirus pandemic, according to a WEF survey
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.A survey released Tuesday from the World Economic Forum showed economic distress and social discontent will rise over the next year and a half unless global leaders work together to manage fallout. Here are the top 10 global fallout scenarios that risk professionals named as their biggest worries following the coronavirus crisis.
"The crisis has devastated lives and livelihoods. It has triggered an economic crisis with far-reaching implications and revealed the inadequacies of the past," said Saadia Zahidi, managing director of the World Economic Forum. "Leaders must work with each other and with all sectors of society to tackle emerging known risks and build resilience against the unknown."Small companies are the biggest post-coronavirus battleground on Wall Street.
The implications of high unemployment and continued lockdowns could have a devastating effect on health — for every 1% increase in unemployment, there is a 2% increase in chronic illness, the report showed. And, 34% of adults are feeling adverse effects on their mental health during lockdown, according to the data.
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