In this month's edition of World Risk Developments, we review the following economic and political forces shaping the world:
- Advanced Economies—Declining real wages erode consumer spending
- Emerging Markets—Tight financial conditions dent economic prospects
- Australia—Record agricultural exports but rising global food insecurity
- Asia—Fading export engine hits economic recoveries
- Papua New Guinea—Progress on gas projects, but election risks loom
- Turkey—High inflation and low interest rates threaten economic crisis