Global megatrends demand new strategies and skills from governments, KPMG says

Global megatrends demand new strategies and skill...

Government needs to plan, think and act differently, in some cases drastically, if they are to be prepared for the global megatrends increasingly straining the world’s resources and economic capacity, according to Future State 2030, a global report released today by KPMG International.

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The Future State 2030 report, developed in partnership with The Mowat Centre at the School of Public Policy and Governance at the University of Toronto, details nine megatrends facing governments at all levels around the world and assesses policy and strategic actions governments need to take beginning today to be successful in the future.

 

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

 

  • Resource scarcity, with a 50 percent increase in global food supply, and a 40 percent increase in water needed to meet demand in 2030;
  • A tidal wave of young people entering the labor force in developing economies, with growing strain of rapidly aging populations in most developed countries;
  • An expanding and more technology adept and connected middle class exerting greater demands on government in the face of rising public debt;
  • Economies becoming increasingly interconnected and interdependent.


To deliver effective programs in a rapidly changing operating environment, governments will need to take a hard look at their own skills and capabilities, including risk assessment and change management, stakeholder engagement, and evolving their international awareness, all with a longer-term planning horizon.

 

View the Future State 2030 report.

 

Download the Future State 2030 report (Ukrainian version).

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