Difference between revisions of "Driving Force: The rise of the individual and the middle class (Jose Luis)"

From ScenarioThinking
Jump to navigation Jump to search
(Created page with "==Description:== Population aging is defined as an increase of population age caused by a decrease in birth rate and a rise in life expectancy. It has two main consequences: lack of labor power to keep economical activities and decrease of taxpayers, impacting the sustainability of the social security system. With the aging of developed countries, more resources are needed to bridge the scarcity gap and keep the economic level at a proper pace. Women are a key resource t...")
 
 
(9 intermediate revisions by the same user not shown)
Line 1: Line 1:
==Description:==
==Description:==
Population aging is defined as an increase of population age caused by a decrease in birth rate and a rise in life expectancy.
Advances in global education and technology have helped empower individuals like never before, leading to increased demands for transparency and participation in government and public decision-making. These changes will continue, and are ushering in a new era in human history in which more people will be middle class than poor.
It has two main consequences: lack of labor power to keep economical activities and decrease of taxpayers, impacting the sustainability of the social security system.
With the aging of developed countries, more resources are needed to bridge the scarcity gap and keep the economic level at a proper pace. Women are a key resource to bring economic growth and keep the stability of social security once they are admitted to the work market. With more women joining the workforce the availability of workers is balanced out. Additionally, recent research has shown that more women in corporations, especially in leadership positions, benefits companies in terms of higher profitability and revenues.


==Enablers:==
==Enablers:==
*Access to education and information gives women the knowledge to work in different fields and the power to make their own choices.
*Demographic boom in developing regions
*Electricity and automation facilitate day-to-day activities and allow more time to be spent on education, self-care, and work. Also, with the possibility of remote work, women can manage better their time among family and work activities.
*Technological advances in agricultural productivity
*Access to health care and health information.
*Access to information through mobile phones, internet penetration and social media
*Scientific research and medical advances.
*Rising income inequality
*Economical development and better life quality (poverty reduction).


==Inhibitors:==
==Inhibitors:==
*Limiting traditions and beliefs.
*Economic depression
*Migration.
*Diminishing purchasing power/disposable income
*Conflicts and disputes.
*Pandemics
*Populism


==Paradigms:==
==Paradigms:==
Women in leadership increase revenues and profitability.
*Change begins and ends top-down
Women in the workforce have contributed to more than 25% of overall growth in GDP.
*The West will reign in relative and absolute numbers in market attractiveness


==Experts:==
==Experts:==
*United Nations (UN) - https://www.undp.org/sustainable-development-goals
*Homi Kharas, The Emerging Middle Class in Developing Countries, OECD Development Centre, Working Paper No. 285, Organization for Economic Cooperation and Development (2010)
*World Health Organization (WHO) - https://www.who.int/
*Neil McKendrick, John Brewer, and John H. Plumb, The Birth of a Consumer Society: The Commercialization of Eighteenth-Century England (Bloomington: Indiana University Press, 1985)
*United Nations Economic Commission for Europe (UNECE) - https://unece.org
*John Brewer and Roy Porter, eds., Consumption and the World of Goods (London: Routledge, 2013)
*Melinda Gates - https://www.gatesfoundation.org/
*Claudia Benshimol Severin et al., “Global Growth Compass: Locating Consumer-Industry Growth Opportunities in Emerging Markets,” McKinsey & Co. (2011)
*Mathew J. Burrows,  Director,  Strategic Foresight  Initiative
*The Rise of the Individual: Nikhil Sehgal, Alejandro Rothschuh, (SMD, 3M)
*Marlon Graf, Jeremy Ghez, Dmitry Khodyakov, Ohid Yaqub (RAND Corporation)


==Timing:==
==Timing:==
Line 30: Line 31:


==Web Resources:==
==Web Resources:==
https://www.forbes.com/sites/lisaquast/2011/02/14/causes-and-consequences-of-the-increasing-numbers-of-women-in-the-workforce/?sh=39b67dca728c
*https://www.weforum.org/agenda/2017/01/5-charts-which-show-what-is-happening-to-the-middle-class-around-the-world/
https://unece.org/fileadmin/DAM/pau/age/Policy_briefs/ECE_WG-1_34.pdf
*https://www.oecd-ilibrary.org/sites/689afed1-en/index.html?itemId=/content/publication/689afed1-en
*https://www.pewtrusts.org/en/trend/archive/summer-2016/how-a-growing-global-middle-class-could-save-the-worlds-economy
*https://assets.kpmg/content/dam/kpmg/pdf/2014/02/future-state-2030-v3.pdf
*https://trendwatching.com/quarterly/2017-03/truthful-consumerism/empowerment/

Latest revision as of 23:41, 7 December 2021

Description:

Advances in global education and technology have helped empower individuals like never before, leading to increased demands for transparency and participation in government and public decision-making. These changes will continue, and are ushering in a new era in human history in which more people will be middle class than poor.

Enablers:

  • Demographic boom in developing regions
  • Technological advances in agricultural productivity
  • Access to information through mobile phones, internet penetration and social media
  • Rising income inequality

Inhibitors:

  • Economic depression
  • Diminishing purchasing power/disposable income
  • Pandemics
  • Populism

Paradigms:

  • Change begins and ends top-down
  • The West will reign in relative and absolute numbers in market attractiveness

Experts:

  • Homi Kharas, The Emerging Middle Class in Developing Countries, OECD Development Centre, Working Paper No. 285, Organization for Economic Cooperation and Development (2010)
  • Neil McKendrick, John Brewer, and John H. Plumb, The Birth of a Consumer Society: The Commercialization of Eighteenth-Century England (Bloomington: Indiana University Press, 1985)
  • John Brewer and Roy Porter, eds., Consumption and the World of Goods (London: Routledge, 2013)
  • Claudia Benshimol Severin et al., “Global Growth Compass: Locating Consumer-Industry Growth Opportunities in Emerging Markets,” McKinsey & Co. (2011)
  • Mathew J. Burrows, Director, Strategic Foresight Initiative
  • The Rise of the Individual: Nikhil Sehgal, Alejandro Rothschuh, (SMD, 3M)
  • Marlon Graf, Jeremy Ghez, Dmitry Khodyakov, Ohid Yaqub (RAND Corporation)

Timing:

Web Resources:

Retrieved from "https://www.scenariothinking.org/index.php?title=Driving_Force:_The_rise_of_the_individual_and_the_middle_class_(Jose_Luis)&oldid=237732"