World Economic Forum Global Experts Poll: Economic Confidence Firms in Fourth Quarter, but Gloom Prevails

  • 56% of respondents lacked confidence in global economy in fourth quarter, down from 72%
  • Respondents in North America more worried about an economic shock than those in Asia
  • Sixth quarterly Global Confidence Index polled 460 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, 12 November 2012 – Confidence in the state of the world economy firmed up in the fourth quarter, although a majority of respondents to the World Economic Forum’s Global Confident Index poll were still pessimistic. Amid some signs that the slowdown in China has bottomed out, 56% of global experts polled said they lacked confidence in the global economy, sharply down from 72% last quarter.