2055 is only 30 years from now... A report, published by the UK's Ministry of Defence, offers a forward-looking analysis (to 2055) of the key drivers and trends likely to shape the global landscape over the next several decades summarized as: Global Power Competition: The global balance of power will shift as state and non-state actors compete for influence. Major powers like China and Russia will play pivotal roles, but smaller states and entities will also seek to assert themselves. Demographic Pressures: The global population will continue to grow, but at uneven rates. Rapid population growth is expected in regions like Africa and South Asia, while many developed nations will experience aging populations or declines. Climate Change and Environmental Pressure: Climate change will result in more extreme weather events and environmental stress. Efforts to mitigate its impact will dominate national and international agendas, especially as competition for resources intensifies. Technological Advances and Connectivity: Rapid advancements in data processing, AI, automation, and connectivity will affect virtually all aspects of life, shaping industries, economies, and power dynamics between nations. Economic Transformation and Energy Transition: The shift toward greener energy and the digital economy will create winners and losers, as some societies adapt more quickly than others. The availability of key resources, such as critical minerals, will become increasingly important. Inequality and Governance Pressures: Rising inequality driven by technological disruption and concentrated wealth will exacerbate governance challenges. This could lead to societal tensions and greater pressure on state institutions to reform. The report also highlights paradoxical (complex) trends... a) Increasing global connectivity and growing fragmentation due to shifts in value chains and protectionism, b) juxtaposition of innovation with stagnation in addressing global challenges like poverty and migration. c) Rise of authoritarianism contrasting with growing demands for transparency and accountability. The summary above denotes the major global drivers of change from the report that are deemed to redefine societies, economies, and governance systems. What would you keep, add, remove? #FutureTrends #GlobalStrategy #ClimateChange #TechnologicalAdvances #EnergyTransition #GlobalPowerShift #Inequality #Governance #Demographics #AI #EconomicTransformation #Sustainability #Innovation #DigitalTransformation #StrategicForesight
Tim Murphy’s Post
More Relevant Posts
-
#USMarketOptimism #EuropeEconomicChallenge #PostPandemicRecovery #AIDrivenProductivity #InvestmentTrends #EconomicDivergence #SectoralGrowth #InterestRateImpact #OptimisticOutlook #EconomicAnalysis Recent trends indicate a marked divergence in how the United States and Europe have emerged from the pandemic's economic impact. In the U.S., market values exceeding those seen before the pandemic signal a broad-based optimism. Investors are banking on enhanced productivity, economic expansion, and increased corporate profits, suggesting a collective confidence in the nation's capacity to turn the current situation into widespread economic gains. On the other hand, Europe tells a contrasting tale, with market values not yet recovering to pre-pandemic levels. The region grapples with the repercussions of higher interest rates, which have stifled growth in valuations and tempered expectations for productivity gains. The European financial landscape, thus, remains under the shadow of conditions less conducive to an immediate surge in productivity. As for the role of Artificial Intelligence (AI) in driving a general rise in productivity, although the final assessment is still forthcoming, it's apparent that the U.S. has witnessed a more significant boost in productivity compared to Europe. This disparity reflects the different recovery speeds from the pandemic, the varied effects on labor forces across regions, and the diverse sectoral contributions to each economy's productivity. From an investment standpoint, these observations lend weight to a strategy that leans towards an AI-centric investment in the U.S. market. Such a strategy is informed by current economic signals and the differing paths taken by the U.S. and Europe in the post-pandemic recovery phase.
To view or add a comment, sign in
-
Improve your strategic thinking be connecting the dots and looking beyond the present. Explore the Global Strategic Trends out to 2055 From Global drivers of change to Parallel and contradictory trends Check out the full report in the link provided below. Thanks Frank
Global Strategic Trends: Out to 2055! I. Global Drivers of Change 1. Global power competition Competition will continue and the balance of power will almost certainly change 2. Demographic pressures The global population will continue to grow and age, although the rate of increase will be spread unevenly across the globe 3. Climate change and pressure on the environment The effects of climate change will become increasingly evident and more extreme 4. Technological advances and connectivity The exponential growth in sensors, data, storage, processing power, connectivity, advanced data analytics, automation and artificial intelligence will have an impact on virtually every area of human endeavour and lifestyle 5. Economic transformation and energy transition Technological advances will have a huge impact on future economic activity and energy systems. 6. Inequality and pressure on governance This will be driven by technological transformation and the increasing concentration of wealth, as well as slowdowns in economic growth II. Parallel and Contradictory Trends 1. Increasing interconnectivity and fragmentation The world is witnessing increasing interconnectivity, resulting in part from new levels of digital connection and an increase in digital trade, but also fragmentation as a result of disruptions and shifts in global value chains and an increase in economic protectionism 2. Cooperation and confrontation Cooperation and confrontation sit side by side, with the NATO enlargement and a new United Nations initiative on the protection of the high seas alongside increasing competition between states, new conflict outbreaks and a deepening divide between the developed world and the Global South 3. Innovation and stagnation Innovation continues to revolutionise societies and economies, while the world is experiencing stagnation in the areas of poverty reduction and its ability to tackle irregular migration and refugee flows 4. Growing authoritarianism and demand for transparency Recent years have seen democratic declines and growing authoritarianism in some states, just as rising human empowerment is boosting the potential for public mobilisation and demand for transparency 5. Weakening abilities and strengthening roles of states While new technologies may lead to an increase in government capacity and strengthening roles of states, ageing populations, stretched state finances and the growing prevalence of serious and organised crime may result in an increase in state fragility and instability in some parts of the world Check out the report by GOV.UK here: https://lnkd.in/grMjmbFF #innovation #trends #tech #climate #sustainability #energy #transition #policy #strategy
To view or add a comment, sign in
-
This is a fascinating post. This publication describes the future global strategic context, offering tools to test assumptions and prepare for an uncertain world. This publication by the UK Ministry of Defence is packed with information. It describes the future global strategic context, offering tools to test assumptions and prepare for an uncertain world. Global Strategic Trends: Out to 2055 (Seventh Edition) (GST 7) offers foresight analysis from a thematic and geographic perspective, complemented by five scenarios that describe hypothetical pathways into a future world order. The publication identifies six global key drivers of change, connected in turn to 22 underlying trends that can be observed today, and which are likely to shape the coming decades. Taken together, these drivers represent a complex set of dynamics which serve to influence, counteract or accelerate each other, often in unexpected ways. Today’s world is hyperconnected, rapidly changing and frequently chaotic. The pace of technological and social change, against a backdrop of interconnecting shocks and crises, makes the future more uncertain. Preparing for multiple potential outcomes, with finite resources and at a time of shifting global power relationships, is proving to be increasingly difficult. The Global Strategic Trends (GST) program aims to provide a long-term strategic context for decision-makers in the Ministry of Defence (MOD) and wider government as well as the UK’s allies and partners. Publications are written at the lowest classification level to enable use by the broadest possible audience. The outputs of this program are based on the premise that predicting the future is impossible. This publication, therefore, offers an analysis based on a range of strategic foresight tools to help users minimize bias and reduce the likelihood of surprise or unwanted outcomes while building preparedness and agility to meet alternative futures. Download the entire document - I do, however, recommend you don't read it before bed.....it will make for a fitful night's sleep!
Global Strategic Trends: Out to 2055! I. Global Drivers of Change 1. Global power competition Competition will continue and the balance of power will almost certainly change 2. Demographic pressures The global population will continue to grow and age, although the rate of increase will be spread unevenly across the globe 3. Climate change and pressure on the environment The effects of climate change will become increasingly evident and more extreme 4. Technological advances and connectivity The exponential growth in sensors, data, storage, processing power, connectivity, advanced data analytics, automation and artificial intelligence will have an impact on virtually every area of human endeavour and lifestyle 5. Economic transformation and energy transition Technological advances will have a huge impact on future economic activity and energy systems. 6. Inequality and pressure on governance This will be driven by technological transformation and the increasing concentration of wealth, as well as slowdowns in economic growth II. Parallel and Contradictory Trends 1. Increasing interconnectivity and fragmentation The world is witnessing increasing interconnectivity, resulting in part from new levels of digital connection and an increase in digital trade, but also fragmentation as a result of disruptions and shifts in global value chains and an increase in economic protectionism 2. Cooperation and confrontation Cooperation and confrontation sit side by side, with the NATO enlargement and a new United Nations initiative on the protection of the high seas alongside increasing competition between states, new conflict outbreaks and a deepening divide between the developed world and the Global South 3. Innovation and stagnation Innovation continues to revolutionise societies and economies, while the world is experiencing stagnation in the areas of poverty reduction and its ability to tackle irregular migration and refugee flows 4. Growing authoritarianism and demand for transparency Recent years have seen democratic declines and growing authoritarianism in some states, just as rising human empowerment is boosting the potential for public mobilisation and demand for transparency 5. Weakening abilities and strengthening roles of states While new technologies may lead to an increase in government capacity and strengthening roles of states, ageing populations, stretched state finances and the growing prevalence of serious and organised crime may result in an increase in state fragility and instability in some parts of the world Check out the report by GOV.UK here: https://lnkd.in/grMjmbFF #innovation #trends #tech #climate #sustainability #energy #transition #policy #strategy
To view or add a comment, sign in
-
As we face the uncertainties ahead, being informed through solid and long-term foresight remains key to success, if not survival. It allows to build scenarios, analyze one's position in relation, and draw up scenarios. It remains impossible to predict the future and how macro-trends will precisely impact organizations and individuals. Progressive organizational models and model ways of strategic zing will be the key to resilience and adaptability. Do you feel ready? Do you feel your organization is ready? Check out the new report "Global Strategic Trends: Out to 2055", they will in one Thank you for the nice summary Frank Kumli.
Global Strategic Trends: Out to 2055! I. Global Drivers of Change 1. Global power competition Competition will continue and the balance of power will almost certainly change 2. Demographic pressures The global population will continue to grow and age, although the rate of increase will be spread unevenly across the globe 3. Climate change and pressure on the environment The effects of climate change will become increasingly evident and more extreme 4. Technological advances and connectivity The exponential growth in sensors, data, storage, processing power, connectivity, advanced data analytics, automation and artificial intelligence will have an impact on virtually every area of human endeavour and lifestyle 5. Economic transformation and energy transition Technological advances will have a huge impact on future economic activity and energy systems. 6. Inequality and pressure on governance This will be driven by technological transformation and the increasing concentration of wealth, as well as slowdowns in economic growth II. Parallel and Contradictory Trends 1. Increasing interconnectivity and fragmentation The world is witnessing increasing interconnectivity, resulting in part from new levels of digital connection and an increase in digital trade, but also fragmentation as a result of disruptions and shifts in global value chains and an increase in economic protectionism 2. Cooperation and confrontation Cooperation and confrontation sit side by side, with the NATO enlargement and a new United Nations initiative on the protection of the high seas alongside increasing competition between states, new conflict outbreaks and a deepening divide between the developed world and the Global South 3. Innovation and stagnation Innovation continues to revolutionise societies and economies, while the world is experiencing stagnation in the areas of poverty reduction and its ability to tackle irregular migration and refugee flows 4. Growing authoritarianism and demand for transparency Recent years have seen democratic declines and growing authoritarianism in some states, just as rising human empowerment is boosting the potential for public mobilisation and demand for transparency 5. Weakening abilities and strengthening roles of states While new technologies may lead to an increase in government capacity and strengthening roles of states, ageing populations, stretched state finances and the growing prevalence of serious and organised crime may result in an increase in state fragility and instability in some parts of the world Check out the report by GOV.UK here: https://lnkd.in/grMjmbFF #innovation #trends #tech #climate #sustainability #energy #transition #policy #strategy
To view or add a comment, sign in
-
A very interesting read from #GovUK Global Strategic Trends: Out to 2025 Challenges and uncertainties that shape our present and future https://lnkd.in/dWcNrXXG
Global Strategic Trends: Out to 2055! I. Global Drivers of Change 1. Global power competition Competition will continue and the balance of power will almost certainly change 2. Demographic pressures The global population will continue to grow and age, although the rate of increase will be spread unevenly across the globe 3. Climate change and pressure on the environment The effects of climate change will become increasingly evident and more extreme 4. Technological advances and connectivity The exponential growth in sensors, data, storage, processing power, connectivity, advanced data analytics, automation and artificial intelligence will have an impact on virtually every area of human endeavour and lifestyle 5. Economic transformation and energy transition Technological advances will have a huge impact on future economic activity and energy systems. 6. Inequality and pressure on governance This will be driven by technological transformation and the increasing concentration of wealth, as well as slowdowns in economic growth II. Parallel and Contradictory Trends 1. Increasing interconnectivity and fragmentation The world is witnessing increasing interconnectivity, resulting in part from new levels of digital connection and an increase in digital trade, but also fragmentation as a result of disruptions and shifts in global value chains and an increase in economic protectionism 2. Cooperation and confrontation Cooperation and confrontation sit side by side, with the NATO enlargement and a new United Nations initiative on the protection of the high seas alongside increasing competition between states, new conflict outbreaks and a deepening divide between the developed world and the Global South 3. Innovation and stagnation Innovation continues to revolutionise societies and economies, while the world is experiencing stagnation in the areas of poverty reduction and its ability to tackle irregular migration and refugee flows 4. Growing authoritarianism and demand for transparency Recent years have seen democratic declines and growing authoritarianism in some states, just as rising human empowerment is boosting the potential for public mobilisation and demand for transparency 5. Weakening abilities and strengthening roles of states While new technologies may lead to an increase in government capacity and strengthening roles of states, ageing populations, stretched state finances and the growing prevalence of serious and organised crime may result in an increase in state fragility and instability in some parts of the world Check out the report by GOV.UK here: https://lnkd.in/grMjmbFF #innovation #trends #tech #climate #sustainability #energy #transition #policy #strategy
To view or add a comment, sign in
-
Great post from Frank Kumli here - the #MoD like most government departments, puts out excellent #trend analysis pieces with extraordinary depth and breadth. Here, the most interesting area to focus on (from my POV) is that of the contradictory trends, such as 'connection and fragmentation', or innovation coexisting with stagnation. Suggest reading the shorter version unless you have time for nearly 500 pages of materials, but this is superb, in any form, and should provide a strong base for any discussion.
Global Strategic Trends: Out to 2055! I. Global Drivers of Change 1. Global power competition Competition will continue and the balance of power will almost certainly change 2. Demographic pressures The global population will continue to grow and age, although the rate of increase will be spread unevenly across the globe 3. Climate change and pressure on the environment The effects of climate change will become increasingly evident and more extreme 4. Technological advances and connectivity The exponential growth in sensors, data, storage, processing power, connectivity, advanced data analytics, automation and artificial intelligence will have an impact on virtually every area of human endeavour and lifestyle 5. Economic transformation and energy transition Technological advances will have a huge impact on future economic activity and energy systems. 6. Inequality and pressure on governance This will be driven by technological transformation and the increasing concentration of wealth, as well as slowdowns in economic growth II. Parallel and Contradictory Trends 1. Increasing interconnectivity and fragmentation The world is witnessing increasing interconnectivity, resulting in part from new levels of digital connection and an increase in digital trade, but also fragmentation as a result of disruptions and shifts in global value chains and an increase in economic protectionism 2. Cooperation and confrontation Cooperation and confrontation sit side by side, with the NATO enlargement and a new United Nations initiative on the protection of the high seas alongside increasing competition between states, new conflict outbreaks and a deepening divide between the developed world and the Global South 3. Innovation and stagnation Innovation continues to revolutionise societies and economies, while the world is experiencing stagnation in the areas of poverty reduction and its ability to tackle irregular migration and refugee flows 4. Growing authoritarianism and demand for transparency Recent years have seen democratic declines and growing authoritarianism in some states, just as rising human empowerment is boosting the potential for public mobilisation and demand for transparency 5. Weakening abilities and strengthening roles of states While new technologies may lead to an increase in government capacity and strengthening roles of states, ageing populations, stretched state finances and the growing prevalence of serious and organised crime may result in an increase in state fragility and instability in some parts of the world Check out the report by GOV.UK here: https://lnkd.in/grMjmbFF #innovation #trends #tech #climate #sustainability #energy #transition #policy #strategy
To view or add a comment, sign in
-
🌍 The latest Ipsos Update for September 2024 reveals crucial insights into the global landscape: 🔸 Cost of Living Concerns: Inflation remains the top global concern for the 29th consecutive month. Inequality is also a significant issue. 🔸 Education and Technology: A majority support banning children under 14 from social media, while opinions on AI in education are divided. 🔸 Climate Change: Support for renewable energy transitions is strong in Australia, but rising costs and skepticism about national climate actions persist. 🔸 US Election & Economy: The tightening US election sees Kamala Harris boosting Democrat hopes, though economic concerns dominate voter priorities. 🔸 Morocco's Economy: A rising middle class is driving change amidst challenges and successes. Dive into the full report to explore how these trends might shape our collective future. #IpsosUpdate #MarketResearch #GlobalTrends #EconomicUncertainty #TechnologicalChange #ClimateConcerns' #Inflation
To view or add a comment, sign in
-
The ongoing #conflicts in the Middle East and Eastern #Europe will likely have significant impacts on business, jobs, and the economy in 2027: *#Global #Economic #Impacts:* 1. Increased inflation (5-7%) 2. Slower GDP growth (2.5-3%) 3. Volatility in financial markets 4. Reduced foreign investment 5. Supply chain disruptions *Regional Economic Impacts:* *Middle East:* 1. Decreased oil exports 2. Reduced tourism and travel 3. Increased refugee crisis 4. Humanitarian aid costs 5. Infrastructure destruction *Eastern Europe:* 1. Economic sanctions on Russia 2. Reduced trade with Ukraine 3. Increased military spending 4. Displacement of people and businesses 5. Infrastructure damage *Industry-Specific Impacts:* 1. Energy: Increased oil prices, reduced supply 2. Aerospace/Defense: Increased demand, production 3. Technology: Cybersecurity threats, supply chain disruptions 4. Finance: Market volatility, reduced investment 5. Tourism: Decreased travel, revenue loss *Job Market Impacts:* 1. Increased unemployment (5-7%) 2. Reduced job creation 3. Skills mismatch due to shifting industries 4. Remote work adoption 5. Talent migration *Business Impacts:* 1. Reduced consumer spending 2. Increased costs (raw materials, logistics) 3. Supply chain disruptions 4. Reduced access to markets 5. Increased cybersecurity threats *Opportunities for Growth:* 1. Renewable energy investments 2. Cybersecurity solutions 3. Digital transformation 4. E-commerce growth 5. Humanitarian aid and reconstruction efforts *Mitigation Strategies:* 1. Diversification of supply chains 2. Investment in emerging markets 3. Adoption of technology 4. Risk management and contingency planning 5. Global cooperation and diplomacy *Predictions for 2027:* 1. Gradual economic recovery 2. Increased focus on sustainability 3. Growing demand for cybersecurity solutions 4. Expansion of remote work 5. Continued global cooperation efforts Sources: 1. IMF World Economic Outlook 2. World Bank Global Economic Prospects 3. UN Conference on Trade and Development 4. Economist Intelligence Unit 5. Deloitte Global Economic Outlook Keep in mind that these predictions are based on current trends and available data. Actual outcomes may vary due to unforeseen events or changes in global circumstances. analysis by UNAccc (UNITY OF NATIONS ACTION FOR CLIMATE CHANGE COUNCIL) in support of Meta follow Rajat P Sharma for more updates
To view or add a comment, sign in
-
I joined NbcNews to discuss U.S. News & World Report 2024 Best Countries rankings, undertaken in conjunction with David Reibstein of The Wharton School. The rankings, now in its ninth year, evaluate 89 nations across 73 different attributes. Attributes are grouped into 10 subrankings, ranging from entrepreneurship and quality of life to adventure and heritage, with movers - which includes factors relating to a country’s future growth - as the most heavily weighted subranking this year. Amid shifting global dynamics and heightened geopolitical awareness, the 2024 Best Countries rankings provide a comprehensive snapshot of how nations are perceived on the world stage. The report sheds light on a country’s potential for economic, political and cultural success and can serve as a strategic decision-making tool for citizens, business leaders and governments to better evaluate their countries. 2024 Best Countries Rankings: For the full rankings, go here > https://lnkd.in/eXVd23vr Top 10 Countries: 1. Switzerland 2. Japan 3. United States 4. Canada 5. Australia 6. Sweden 7. Germany 8. United Kingdom 9. New Zealand 10. Denmark
To view or add a comment, sign in