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Other major worries include new competitors, developing leaders and cybersecurity, while Brexit, terrorism and America’s departure from the Paris climate accord were at the bottom of the list of CEO's concerns. (Photo: Shutterstock)

Fears of a world economic slump have receded among chief executive officers, who are instead preoccupied with hiring and retaining top employees, an annual survey found.

Global CEOs polled by the Conference Board, a New York-based researcher, ranked a global recession as their 19th concern out of 28 choices, down from being the top worry a year earlier. Failure to attract and retain talent was the No. 1 concern, followed by creating new business models and cash-flow volatility, according to the C-Suite Challenge survey, conducted from September to November.

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