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Turn risk and opportunities into results: Government and Public sector - EY - Global

Turn risk and opportunities into resultsGovernment & Public sector

Sector risk radar

Delaying climate control and sustainability initiatives was ranked as the second highest risk and is expected to have a lasting influence during the coming years.

Risk continues to dominate the agenda: fiscal policy, recession, sustainability, security — all have contributed to a drive toward transformation — and with that drive comes opportunity.

For that reason, we broadened the scope of our Business Risk report to incorporate both risks and opportunities.

This report is part of a wider cross-sector piece of research that explores the top 10 business risks and opportunities globally and across seven sectors including power and utilities, banking, retail, government, oil and gas, health care and life sciences.

As in previous years, we have taken a “bottom-up” approach to our work, gathering opinions from leading industry-based and academic commentators, across the seven global sector groups.

In addition, this year for the first time we conducted a second wave of research that comprised a large-sample survey of companies and governments in 15 countries to rank the risks and opportunities, obtain forecasts on whether these challenges would be more or less important in 2013 and discover how leading organizations in each of the seven sectors are responding to these challenges.

Report highlights

  • Top 10 risks: Triggering a double-dip recession through fiscal consolidation ranked as the number one risk for the government and public sector.
  • Top 10 opportunities: Strengthening new forms of global governance, such as G20, the World Bank and the International Monetary Fund, ranked as number one opportunity for the government and public sector.

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