core sector communique

Global Experts Poll: Crisis of Confidence in the State of the Global Economy Continues

• 2nd quarterly Global Confidence Index polls 1,200 experts from business, government, international organizations and academia who are Members of the Forum's Network of Global Agenda Councils
• 70% of those polled remain pessimistic about the global economic outlook, but confidence in global cooperation has increased

Geneva, Switzerland, 16 November 2011 – The confidence deficit continues worldwide with international experts remaining pessimistic about the state of the global economy and global governance over the next year, according to the results of the World Economic Forum's second quarterly Global Confidence Index. However, the Index shows that there is higher optimism for global cooperation to address these risks.