The possibility of an economic recession is the main threat to Mexico’s economy in 2024, a recently released report shows. Global Risk Reportprepared by the World Economic Forum (WEF).
The WEF’s Executive Opinion Survey (EOS) shows that at the national level, problems focus mainly on internal factors such as state fragilityenergy shortages, inequality, illegal economic activities and erosion of social cohesion.
Report based on risk perception of 12,000 leaders from 121 countries, strives to provide decision-makers with a comprehensive vision of the future to develop public policies that minimize current threats and the future.
Disinformation, election risks in Mexico and elsewhere
Around the world, the spread of misinformation, exacerbated by the use artificial intelligenceis of grave concern.
The report warns that with more than 3 billion people around the world expected to vote in the 2024 elections, there are concerns that disinformation could undermine the legitimacy of newly elected governments, triggering everything from violent protests to civil strife and terrorism.
” threat The lateral spread of disinformation, especially ahead of the 2024 elections, increases susceptibility to information manipulation and threatens the legitimacy of governments,” the report emphasizes.
The resulting unrest can range from violent protests and hate crimes to civil strife and terrorism.
Six risks for Mexico
Result Executive Opinion Survey (EOS), conducted by the WEF, highlights that at the national level, the main concerns of leaders are focused on domestic factors, which raises serious concerns about the economic stability of the country.
six risks for Mexico the following:
- Economic recession: The possibility of an economic downturn remains a major threat causing uncertainty and challenges for the business sector;
- State fragility: Vulnerability and fragility of government institutions are perceived as a significant risk;
- Lack of energy supply. The risk of energy shortages is a central issue for economic development and sustainability;
- Inequality (Wealth, income): Inequality in the distribution of wealth and income is positioned as an internal risk that can have long-term consequences for social and economic stability;
- Illegal economic activity: The presence of illegal economic activity poses a risk that can affect market integrity and undermine business confidence; And,
- Erosion of social cohesion: Declining social cohesion is presented as a problem that can cause internal tensions affecting stability and economic development.
Meeting in Davos in a complex geopolitical context
In the current challenging geopolitical context, world leaders will meet next week for the 54th annual meeting World Economic Forum in Davos, Switzerland.
Borge Brende, president of the WEF, noted that much of the focus this year will be on high-level diplomatic talks on conflicts in the Middle East. Ukraine and Africa.
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Besides geopolitical problems, bankers Central bankers, financiers and businessmen attending the meeting will also face a challenging global economic outlook, with changes in interest rate policy and rising debt.
UN Secretary-General Antonio Guterres and more than 40 foreign ministers will also attend the event, organizers said.
According to Reuters
Source: Aristegui Noticias
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
