Break-up of Eurozone most disturbing issue in WEFs Global Agenda summit

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The prospect of a break-up of the Eurozone is the most concerning issue of the World Economic Forum’s Network of Global Agenda Councils, according to a survey released during the network’s annual summit being held in Dubai and live-streamed by Al Arabiya English.

Two other trends, a lack of global leadership and global interdependency, which had been regarded as low priority in 2011, have also risen steeply to prominence.

This year’s survey highlights interesting developments between 2011 and 2012 and suggests that last year’s top trend, the public debt crisis, has evolved into wider concern about the future of the Eurozone itself,” said Martina Gmür, Senior Director and Head of the World Economic Forum’s Network of Global Agenda Councils.

“But the survey also uncovers pockets of optimism, such as yet untapped opportunities for digital communications to have a transformative effect on economic, societal and governance issues.”

The prospect of a break-up of the Eurozone only featured at 28th place in 2011’s Survey. In a year in which peace efforts broke down in Syria, and amid continued frustration at the failure to address climate change, reignite trade talks or make progress on Millennium Development Goals, the survey respondents judged lack of leadership as the sixth most prominent trend, up from 24th position in 2011.

Digital and communications revolution also was ranked as the third most important issue overall – up one position from a year ago.

The annual Summit on the Global Agenda, dubbed the “world’s biggest brainstorm,” brings together nearly 1,000 thought leaders from across all regions of the world and all walks of life with the view to share ideas on how to overcome the most pressing global challenges.

Al Arabiya English is live streaming the summit at:


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