Excerpt from report:
“Major global forces taking shape today will significantly impact the business landscape for the public and private sector through to 2030. The findings identify nine global megatrends that are most salient to the future of governments and their core responsibilities of economic
prosperity, security, social cohesion and environmental sustainability”
The research method involved a literature review and expert interviews to identify and refine the nine global megatrends most relevant to governments' future. The Mowat Centre at the School of Public Policy and Governance, University of Toronto, conducted the targeted research.
The report identifies nine global megatrends impacting governments: demographics, rise of the individual, enabling technology, economic interconnectedness, public debt, economic power shift, climate change, resource stress, and urbanization. These trends are interrelated and will challenge governments' core functions. Strategies for future success include international cooperation, promoting behavioral change, and leveraging technology. The impact of each megatrend varies locally, demanding tailored approaches.