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