Do countries need chief risk officers for this scary world?

Better and more sophisticated risk monitoring is essential, particularly at international institutions, given the deep global interconnectedness of risks today.

Prime Minister Justin Trudeau at the 2018 World Economic Forum in Davos. The WEF's 2023 pegs Canada’s top five risks over the next two years as the cost-of-living crisis, a debt crisis, rapid and/or sustained inflation, the failure of climate change adaptation, and an asset bubble burst, write Kevin Lynch and Paul Deegan.Valeriano Di Domenico photograph courtesy of the World Economic Forum

Opinion

BY KEVIN LYNCH AND PAUL DEEGAN

January 19, 2023

The American writer and humourist Mark Twain once wrote, “Prophesy is a good line of business, but it is full of risks.” Twain would no doubt be surprised by the risks outlined in the World Economic Forum’s (WEF) Global Risks 2023 Report, but skeptical of its predictio...

To keep reading, subscribe and become a political insider.

Only $7.76 a week for an annual subscription.

Enjoy unlimited website access and the digital newspaper.

Cancel anytime.

Already a Subscriber?

Get Weekend Point of View Newsletter

A round up of the past weekâ€™s opinion writers and columnists on Saturdays and Sundays.

By entering your email address you consent to receive email from The Hill Times containing news, analysis, updates and offers. You may unsubscribe at any time. See our privacy policy