Trends Identified
Globalisation of Financial Resources
The financial networks and communication systems that manage the world’s critical resources are increasingly intertwined. The interconnected world creates greater opportunity for better management of global resources; it may also provide incentives for co-operation and multilateral approaches in addressing global issues. However, vulnerability to exploitation by non-state actors, ranging from international criminal networks to cyber criminals and terrorists, will increase. Attackers could target banking and financial institutions or communication systems. Additionally, as nations become increasingly interdependent, a negative economic event in one country could well be compounded globally as it spreads quickly to other markets.
2013
Strategic Foresight Analysis 2013 Report
NATO
Increased Resource Scarcity
Nations need increasing amounts of energy and raw materials to sustain growth and maintain an advantage in the globalised economy. Limited natural resources, supply vulnerabilities, and the uneven distribution of energy and resources increase the potential for conflict between importers, exporters and transit countries, particularly in politically unstable regions. Any nation that holds considerable oil, natural gas reserves or deposits of rare earth elements and other strategic materials43 might leverage its position both for political and economic purposes.
2013
Strategic Foresight Analysis 2013 Report
NATO
Decreasing Defence Expenditures
Governments faced with slow or non-existent growth, rising unemployment and increasing debt burdens will continue to have many competing priorities. Continuing volatility in financial markets might further slow global as well as national economic activity. Defence spending has continued to decline across the Alliance due to reduced economic growth, and the increasing emphasis on social programmes. There is a risk that, even if economic cycles turn more positive, public opinion may prevent some nations from reinvesting in defence. This will have a marked negative impact on defence capabilities in the future. The consequences of current and anticipated near-term reductions in Science and Technology (S&T) investment will have implications on longer-term force capabilities. These deficits could be offset by new, less expensive, and yet-to-be-developed technologies.
2013
Strategic Foresight Analysis 2013 Report
NATO
Environmental / Climate Change
Global environmental change and its impacts are becoming readily apparent and are projected to increase in the future. In some areas these changes could present benefits, such as less energy requirements for heating, longer growing seasons that allow increased agricultural production, and the opening of the Arctic for resource exploration and shipping traffic. However, these benefits are likely to be offset by negative effects elsewhere, including coastal inundation, desertification, deforestation and other ecological effects that will have a direct impact on the world’s fresh water and food. Water stress is expected to be the most inevitable near-term impact of climate change.49
2013
Strategic Foresight Analysis 2013 Report
NATO
Natural Disasters
The effects of natural disasters will become more devastating. Natural disasters (e.g. earthquakes, tsunamis, volcanic eruptions, meteor strikes) will occur with devastating impacts on humanity. Increased population and infrastructure in disaster prone areas will magnify the consequences of these natural disasters.
2013
Strategic Foresight Analysis 2013 Report
NATO
Demographics
Higher life expectancy and falling birth rates are increasing the proportion of elderly people across the world, challenging the solvency of social welfare systems, including pensions and healthcare. Some regions are also facing the challenge of integrating large youth populations into saturated labor markets.
2014
Future State 2030: The global megatrends shaping governments
KPMG
Rise of the individual
Advances in global education, health and technology have helped empower individuals like never before, leading to increased demands for transparency and participation in government and public decision-making. These changes will continue, and are ushering in a new era in human history in which, by 2022, more people will be middle class than poor.
2014
Future State 2030: The global megatrends shaping governments
KPMG
Enabling technology
Information and communications technology (ICT) has transformed society over the last 30 years. A new wave of technological advances is now creating novel opportunities, while testing governments’ ability to harness their benefits and provide prudent oversight.
2014
Future State 2030: The global megatrends shaping governments
KPMG
Economic interconnectedness
The interconnected global economy will see a continued increase in the levels of international trade and capital flows, but unless international conventions can be strengthened, progress and optimum economic benefits may not be realized.
2014
Future State 2030: The global megatrends shaping governments
KPMG
Public dept
Public debt is expected to operate as a significant
constraint on fiscal and policy options through to 2030 and beyond. Governments’ ability to bring debt under control and find new ways of delivering public services will affect
their capacity to respond to major social, economic and environmental challenges.
2014
Future State 2030: The global megatrends shaping governments
KPMG