Singapore

Details

  • Service: Advisory
  • Industry: Infrastructure, Government and Healthcare
  • Type: Publication series
  • Date: 12/4/2013

Future State 2030: the global megatrends shaping governments 

To be prepared for megatrends which are straining resources and economic capacity, governments globally will have to change the way they think, plan and act. This is according to Future State 2030, a report developed by KPMG in partnership with The Mowat Centre at the School of Public Policy and Governance at the University of Toronto.
Future State 2030
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The report identifies nine megatrends, and assesses actions governments need to embark on to be successful in future.

The identified megatrends encompass some of the world’s most critical challenges, including:

  • Resource scarcity: a 50 percent increase in global food supply and a 40 percent increase in water is needed to meet demand in 2030;
  • Demographic changes: a tidal wave of young people is entering the labor force in developing economies while most developed countries are grappling with rapidly aging populations;
  • Rise of the middle class: an expanding, more technology-adept and connected middle class is exerting greater demands on governments in the face of rising public debt;
  • Economic power shift :rebalancing of global power as emerging economies lift millions out of poverty
  • Urbanisation and climate change

Future State Spotlight