The Global Challenges of the 21st Century – A post by Prof Nicolas Forsans
Once again in 2017 the World Economic Forum highlighted in its 2017 Global Risks Report the interconnections that exist between some of the most significant challenges that are shaping business and society in the 21st century. Those interconnections are represented below in their Risk Interconnection map.
Globalisation has lifted millions of people out of poverty by enabling people in emerging countries to take part in world trade. Deregulations and privatisations have encouraged competition and innovation, leading to declining prices and higher quality products while urbanisation and industrialisation in emerging economies have enabled 3 billion people to generate an income of at least $10/day.