What a year 2015 was for Europe, eh? The largest refugee crisis since World War Two, two major terrorist attacks in Paris, a new radical left government in Greece (and a subsequent referendum on austerity), Quantitative Easing from the European Central Bank, and a global agreement on climate change. Will 2016 be a quieter time for the continent?
From the 20th to the 23rd of January 2016, the World Economic Forum (WEF) is holding its annual meeting in Davos, Switzerland. Politicians, business leaders, journalists, intellectuals, and Hollywood celebrities are meeting to discuss some of the biggest threats facing the international community. To coincide with the meeting, the WEF has published its Global Risks Report 2016, drawing on a panel of 750 experts to highlight some of the ways that global risks could interact and evolve over the coming decade.
The report lists 29 global risks, including everything from the failure of climate-change mitigation and adaptation, to large-scale involuntary migration, severe energy price shocks (oil briefly dipped below $27 a barrel in January), weapons of mass destruction, and water crises. Many of these risks would affect the international community equally, but are there any particular risks that Europe should be concerned about above others?
What are the biggest risks for Europe in 2016? Could the refugee crisis pull the European Union apart? Should the threat of another global financial collapse be top of the agenda? Is climate change the most significant challenge for the future? Let us know your thoughts and comments in the form below, and we’ll take them to policymakers and experts for their reactions!