BAKU, Azerbaijan, January 11
By Nargiz Sadikhova - Trend:
Kazakhstan could face several risks in 2022, The Global Risks Report 2022 prepared by World Economic Forum said, Trend reports.
Thus, according to the report, Kazakhstan could face:
- Employment and livelihood crises, which are structural deterioration of work prospects and/or standards for the working-age population: unemployment, underemployment, lower wages, fragile contracts, erosion of worker rights etc.
- Failure to stabilize price trajectories, which is an inability to control an unmanageable increase (inflation) or decrease (deflation) in the general price level of goods and services
- Severe commodity shocks, which are abrupt shocks to the supply and demand of systemically important commodities at a global scale that strain corporate, public and/or household budgets: chemicals, emissions, energy, foods, metals, minerals etc
- Interstate conflict, which is belligerent bilateral or multilateral conflict between states with global consequences: biological, chemical, cyber and/or physical attacks, military interventions, proxy wars etc.
- Geopolitization of strategic resources
