The World Economic Forum has published the Global Risks 2012 report. One of the key takeaways from the report is the graphic below that shows the top global risks this year with their likelihood of occurring and impacts:

Click to enlarge

It is interesting to note that the risk of “Chronic fiscal imbalances” is ranked high but “Hard landing of an emerging economy” is ranked low.

The graphic below shows the interconnection between the risks:

Source: Global Risks 2012 – Seventh Edition, World Economic Forum