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ECONOMICS
PwC´s CEO annual survey

The chief executives unveil their biggest worries at the World Economic Forum


PricewaterhouseCoopers´ 18th Annual Global CEO Survey, unveiled in the World Economic Forum opening found 17% of corporate bosses believe global economic growth will decline or be subdued in 2015. On a global level, the biggest worries that chief executives have are geo-political uncertainties, over-regulation and cyber security
Ibercampus 21/1/2015 Send to a friend
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PwC´s CEO annual survey shows that just 37% think the economy will improve in 2015, down from 44% last year. Russia´s bosses have gone from the most confident. In the UK, concern had risen sharply about the availability of talent.

The research involves interviews with 1322 chief executives in 77 countries, including 44 in Australia, and identified seven key issues Australian chief executives are engaging with.

The number of chief executives concerned about the skills gap rose from 64% last year to 84% this year. That is considerably higher than in Germany, France or Spain. This was partly put down to the high level of employment in the UK, which means that there is a smaller pool of workers to choose from, and partly due to concerns about the education system.

On a global level, the biggest worries that chief executives have are geo-political uncertainties, over-regulation and cyber security. The report, which was launched at the World Economic Forum, in Davos, said that "concerns about cyber threats have shot up most compared to last year - and in light of the recent attacks on gaming and entertainment networks, the perceived risk will only increase".

Chief executives ranked the US as their most important market for growth over the next year, putting it ahead of China for the first time in the five years that the question has been asked.

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