Executive Briefings

How Sustainable Are Globalization, Technology - Major Drivers of World Economic Progress?

The world has never been more prosperous than it is today. People around the world live longer, healthier lives than ever before. In emerging markets, billions of people have moved out of extreme poverty. In the developed world, we enjoy better medicines, education, information, connectivity and mobility than most of us could have imagined a quarter century ago.

These achievements have many fathers and mothers. However, carefully crafted policies for the free exchange of goods, services, capital and labor - commonly known as globalization - and the march of technology have played essential roles. These two forces have increased productivity, opened up markets, and created opportunities for billions of people to improve their lives.

What does the political environment in many developed nations tell us about the sustainability of two of the major drivers of global economic progress: globalization and technology?

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These achievements have many fathers and mothers. However, carefully crafted policies for the free exchange of goods, services, capital and labor - commonly known as globalization - and the march of technology have played essential roles. These two forces have increased productivity, opened up markets, and created opportunities for billions of people to improve their lives.

What does the political environment in many developed nations tell us about the sustainability of two of the major drivers of global economic progress: globalization and technology?

Read Full Article