PwC: Five megatrends and their implications for global defence and security
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Global megatrends are macroeconomic and geostrategic forces that are shaping our world, and our collective futures in profound ways. The implications of these forces are broad and varied, and they will present us with both tremendous opportunities to seize – as well as extremely dangerous risks to mitigate.
In this paper, PwC examines five key megatrends: Shift in Global Economic Power, Demographic Change, Rapid Urbanization, Rise of Technology, and Climate Change/Resource Scarcity. We examine these megatrends with a specific focus on the various disruptive effects we anticipate these five megatrends will have on defense and security. Through this examination it is apparent that these megatrends pose substantial challenges that cannot, and should not, be addressed in isolation.
The depth and complexity of the resultant, and inevitable, security challenges posed by the megatrends will demand “whole of society” solutions. These solutions must leverage the technological, collaborative, and commercial benefits that the megatrends themselves will enable. We must not fear the megatrends, or their resultant defense and security challenges. Rather, we should anticipate these changes, take them seriously, and apply creativity and resources to stay ahead of the critical issues they will present.
We hope this paper will start a constructive dialogue in this regard – and a sense of urgency.