Heading into 2024, risk managers were less worried about the threat of another global pandemic and were optimistic about the direction of the economy, according to the 18th Annual Survey of Emerging Risks.

The survey found that, while many risks are on the rise, two previous top-five risks — financial volatility and pandemics/infectious diseases — have started to slip out of the rankings.

Survey respondents also showed strong optimism for this year’s global economic outlook — the strongest seen since 2017. Among respondents, 7% believe the outlook is strong, 33% believe it’s good and only 9% believe it’s poor.

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