DBCF Virtual Symposium

World Uncertainty Index 1960 - 2020

60,000

Coronavirus

US-China trade tensions, and Brexit

US recession and upcoming elections in the US

US presidential elections

50,000

US fiscal cliff and sovereign debt crisis in Europe

international monetary crisis

Brexit

Assasination of President John Kennedy

weak prospects for the global economy and exports

sovereign debt crisis in Europe

40,000

Iraq war and outbreak of SARS

Vietnam War

financial credit crunch

30,000

Black Friday

Gold crisis

US recession and 9/11

OPEC I

OPEC II

Gulf War I

20,000

10,000

FED tightening and political risk in Greece and Ukraine

uncertainty related to the US economy and UK joining the EEC

0

1959

1974

1989

2004

2020

Source: Ahir, H, N Bloom, and D Furceri (2018), “World Uncertainty Index”, Stanford mimeo.