By A. Done
Seems on the greater photo, and the longer term developments which are going to impact the worldwide enterprise international over the following couple of years. the writer analyses conventional issues resembling expertise and sustainability but additionally takes under consideration the consequences of advancements in different parts comparable to future health, schooling and demographics
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Additional resources for Global Trends: Facing up to a Changing World
Exacerbated by the fallout from the economic crisis (Global Trend 1) this could lead to continuing social problems. All of the above changes in geopolitical dynamics will lead to shifts of power, pressure on resources and increased potential for conflict. Apparently, the world is shifting towards a multipolar system, with a less dominant USA and Europe and a more powerful China and India, and a historic transfer of wealth generally from west to east. While the USA will probably remain the most powerful country in 2025, the rise of emerging powers and regional blocs will constrain its ability to “call the shots” across the world.
The following table highlights the predicted continuing meteoric evolution of the share of world GDP for the BRIC countries compared to other major economies. It is clearly evident that as the economies of USA, Japan, Germany, UK and France (and all the other usual suspects) suffer a decrease in their global clout, the BRICs are on the up. There is simply a transfer of GDP growth from the mature to the new economies. For every apparently unstoppable percentage point increase in world share of GDP within the BRIC economies, there is a corresponding drop in share in the developed economies.
Organization for Economic Co-operation and Development (OECD) is an international economic organisation of 34 countries founded in 1961 to stimulate economic progress and world trade. It defines itself as a forum of countries committed to democracy and the market economy, providing a platform to compare policy experiences, seeking answers to common problems, identifying good practices, and co-ordinating domestic and international policies of its members. ‡ Including FDI, Portfolio, Banks and other capital flows.