- Confidence in the state of the global economy over the next 12 months fell to lowest level in five quarters
- Fear of a major economic disruption climbed to 68% from 46% in the previous quarter
- Fifth quarterly Global Confidence Index polled 430 experts from business, government, international organizations and academia who are Members of the Forum's Network of Global Agenda Councils
- Access the full analysis and results online at http://www.weforum.org/ConfidenceIndex
Geneva, Switzerland, 22 August 2012 – Confidence in the state of the world economy is at its lowest ebb since the World Economic Forum started its Global Confidence Index five quarters ago. The relative optimism of the previous quarter evaporated against a backdrop of slowing growth in the US and China as well as a lingering eurozone crisis, with 72% of respondents to the poll reporting that they were not confident about the state of the global economy over the next 12 months, up from 37%.
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