Fernando M. Reimers et al. The teacher presents the world economic framework for the assessment of global risks (https://www.weforum.org/reports/the—global—risks— report—20160 and introduces each of the risks: ECONOMIC RISKS \DPONQWHRS’JPT" 10. Food—price volatility Oil price spikes Major fall in the US dollar Slowing Chinese economy (by more than 6 percent) Fiscal crises Asset price collapse Retrenchment from globalization (developed) Retrenchment from globalization (emerging) Burden of regulation Underinvestment in Infrastructure GEOPOLITICAL RISKS 11. 12. 13. 14. 15. 16. 17. 18. 19. International terrorism Nuclear proliferation Iran North Korea Instability in Afghanistan Transnational crime and corruption Israel and Palestine Iraq Global governance gaps ENVIRONMENTAL RISKS 20. 21. 22. Extreme weather Drought and desertification Water scarcity 416