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Davos: Business leaders optimistic about future, despite popular discontent

Jan 18, 2017 | News

(18 January 2017) – Top business executives are split over the benefits of globalisation, but most remain “extremely positive” in their growth forecasts, a PwC survey shows.

© Word Economic Forum

A total of 1,379 chief executive officers were interviewed in 79 countries to prepare the study, presented in Davos on Monday (16 January).

Following in the footsteps of the World Economic Forum Report on global risks, the study underlined that declining living standards for most of the population in industrialised countries, and growing distrust of political and business elites are putting the economic and political status quo at risk.

Despite the predominantly gloomy general atmosphere, a slim majority of business leaders (51%) reported feeling “extremely positive” about long-term growth prospects for their companies, compared to only a third two decades ago when the survey was first published. (EurActiv)

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