Economic growth a priority

Economic growth continues to be a priority and is often taken as a given, although questions are being raised due to its impact on the environment and resources. In order to sustain continued growth, governments and businesses are willing to take on more risk to drive up performance and value. However, high risk tolerance may leave economies vulnerable to unforeseen events.

Increasing economic interconnectedness is creating more complex trade and investment relationships to create shared growth, economic opportunities, and enhanced quality-of-life. Emerging economies are integrating into the global economy faster, creating a new global middle class that drives the consumer economy. As the consumer class and general prosperity grows around the world, so does their demand for products and energy. Governments will need to scale their resource and labor supply to meet growing demand. However, interconnectedness can be fragile in times of crisis. During these times, nations may prefer a self-reliant or regional strategy.