BAKU, Azerbaijan, Jan. 12
By Maryana Akhmedova – Trend:
Georgia may face several risks in 2022, Trend reports citing the Global Risk Report 2022 prepared by the World Economic Forum.
One risk that Georgia may face is the digital inequality, which means unequal access to critical digital networks and technologies as a result of unequal investment opportunities, lack of necessary skills in the workforce, insufficient purchasing power, cultural differences.
The inability to control inflation or deflation processes in the general price level of goods and services is also among the risks for Georgia in 2022, the report said.
According to the report, Georgia could face the debt crisis as well, which may result in bankruptcy, default, insolvency, liquidity crisis or sovereign debt crisis.
Employment and livelihood crises are also among the risks for Georgia in 2022, the report said.
Namely, Georgia may face unemployment, underemployment, lower wages, violation of workers' rights, and other consequences arising from the issue.
The Global Risks Report 2022 presents the results of the latest Global Risks Perception Survey (GRPS), followed by an analysis of key risks emanating from current economic, societal, environmental and technological tensions.
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