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Global Risks for Eurasia in 2019

Author

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  • Yerzhan Saltybayev

Abstract

The Rating of Global Risks for Eurasia in 2019 is the first analytical project to assess global risks for the Eurasian macroregion. The risk rating was released as part of the Astana Club international meeting and is based on a survey of over 1,000 professional respondents from 60 countries and detailed opinions of 30 prominent international experts. The world’s vulnerability to global risks will grow – the overwhelming majority of experts who participated in the project are sure of this. Pessimism seems to be associated with a new round of tension in the Middle East, crises around Iran and Ukraine, rising tensions in the South China Sea, and sanctions against Russia. Another trend that will continue in the coming year is the rise of protectionism. 56 percent of polled experts are inclined to this opinion. Pessimism is added by the aggravation of trade conflicts between the United States and its key trading partners: China, the European Union, as well as the NAFTA members such as Canada and Mexico. Although part of the conflict has been resolved, the confrontation between the United States and China will not lose its relevance in 2019. The global geopolitical and geo-economic confrontation has been spilling over onto the new area: the cyber environment. World tensions have also kept the countries from finding common ground on solving environmental problems and challenges.

Suggested Citation

  • Yerzhan Saltybayev, 2018. "Global Risks for Eurasia in 2019," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 10(1-3), pages 52-59, January.
  • Handle: RePEc:sae:emeeco:v:10:y:2018:i:1-3:p:52-59
    DOI: 10.1177/0974910118824421
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