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World Economic Crisis
World economic crisis is not yet over and the fear of the collapse is still hanging over most of the nations. The recent observation by World Economic Forum has expressed strong reservation over the claim by many countries on the economic revival. The falling Government finances, lesser investment in the infrastructure and the expected asset bubble are major worries as confirmed by the WEF.
Global risks confronting the economy is to be tackled in the right perspective to avoid the recurrence of the deep recession experienced recently. It is the need of the hour that the policy makers behavior to the issue is completely changed and the current value is overhauled.
The transnational crime and corruption, cyber crime vulnerability and bio-diversity loss are addressed properly by the whole world in one voice with common systems. The unsustainable level of debt of various countries including that of the developed one’s is posing high degree of fiscal risk
Unless these issues are not addressed properly by the concerted efforts of all the nations, it is bound to lead to high level of unemployment and social unrest. It is estimated that as much as $35 trillion is needed for investment in infrastructure sector over the next 20 years.

