Global Agenda Council Reports 2010 Global Agenda Council 2010 Reports Global Agenda Council Reports 2010 .weforum.org) ofit; it is tied to no political, no to tied is it ofit; -pr national organization committed to improving the improving committed to organization national The World Economic Forum is an independent an is Forum Economic World The inter partnerships in leaders engaging by world the of state and industry agendas. to shape global, regional in based and 1971, in a foundation as Incorporated is Forum Economic World the Switzerland, Geneva, not-for and impartial partisan or national interests. (www partisan or national interests. Global_Agenda_SRO_Layout 1 13.01.10 10:29 Page3 Global Agenda Council Reports 2010 Summaries of Global Agenda Council Discussions from the Summit on the Global Agenda 2009 Global_Agenda_SRO_Layout 1 13.01.10 10:29 Page4 This publication is also available in electronic form on the World Economic Forum’s website at the following address: The Global Agenda 2010 Web version: www.weforum.org/globalagenda2010 (HTML) The book is also available as a PDF: www.weforum.org/pdf/globalagenda2010.pdf Other specific information on the Network of Global Agenda Councils can be found at the following links: www.weforum.org/globalagenda2010 www.weforum.org/globalagenda2009/interviews www.weforum.org/globalagenda2009/reports www.weforum.org/globalagenda2009/webcasts The opinions expressed and data communicated in this publication are those of Global Agenda Council Members and do not necessarily reflect the views of the World Economic Forum. World Economic Forum 91-93 route de la Capite CH-1223 Cologny/Geneva Switzerland Tel.: +41 (0)22 869 1212 Fax: +41 (0)22 786 2744 E-mail: [email protected] www.weforum.org © 2010 World Economic Forum All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, or by any information storage and retrieval system. REF:110110 Global_Agenda_SRO_Layout 1 13.01.10 10:29 Page5 Bringing together the best minds “ and foremost experts, the Summit on the Global Agenda is the starting point for global efforts to redesign our“ international system according to the needs of the 21st Century. Klaus Schwab Founder and Executive Chairman, World Economic Forum Global_Agenda_SRO_Layout 1 13.01.10 10:29 Page6 Global_Agenda_SRO_Layout 1 13.01.10 10:16 Page7 Table of Contents Preface 9 Introduction 11 Summary Reports from the Summit on the Global Agenda 2009 13 Building Effective Institutions 15 Creating a Values Framework 17 Enhancing Security 19 Ensuring Sustainability 22 Mitigating Global Risks and Addressing Systemic Failures 25 Strengthening Economic and Social Welfare 27 Global Agenda Council Reports from the Summit on the Global 29 Agenda 2009 Building Effective Institutions 30 Benchmarking Progress in Society 32 Decision-making & Incentive Systems 36 Design 40 Future of Government 44 Global Institutional Governance 48 Intellectual Property System 52 International Legal System 56 Strategic Foresight 60 Urban Management 64 Creating a Values Framework 70 Education Systems 72 Faith 76 Future of Journalism 80 Gender Gap 84 Healthy Next Generation 88 Role of Sports in Society 92 Values 96 Welfare of Children 100 Enhancing Security 106 Fragile States 108 Future of the Internet 112 Humanitarian Assistance 116 Human Rights & Protection 120 International Security Cooperation 124 Negotiation & Conflict Resolution 128 Terrorism & Weapons of Mass Destruction 132 Global_Agenda_SRO_Layout 1 13.01.10 10:16 Page8 Ensuring Sustainability 138 Ageing Society 140 Climate Change 144 Ecosystems & Biodiversity Loss 148 Future of Sustainable Construction 152 Future of Transportation 156 Global Healthcare Systems & Cooperation 160 Innovation 164 Ocean Governance 168 Population Growth 172 Sustainable Consumption 176 Sustainable Energy 180 Mitigating Global Risks and Addressing Systemic Failures 186 Catastrophic Risks 188 Chronic Diseases & Condit ions 192 Emerging Technologies 196 Energy Security 200 Food Security 204 Illicit Trade 208 Nutrition 212 Pandemics 216 Water Security 220 Strengthening Economic and Social Welfare 226 Corruption 228 Economic Growth & Development 232 Employment & Social Protection 236 Future of Long-term Investing 240 Global Investment Flows 244 International Monetary System 248 Migration 252 Philanthropy & Social Investing 256 Poverty & Develop ment Finance 260 Skills Gap 264 Social Entrepreneurship 268 Systemic Financial Risk 272 Talent & Diversity 276 Trade 280 Industry-related Councils 286 Emerging Multinationals 288 Future of Entertainment 292 Future of Mining & Metals 296 Future of Mobile Communications 300 Future of Real Estate 304 Marketing & Branding 308 Region-related Councils 312 Future of Africa 314 Future of Australia 318 Future of China 322 Future of the Europ ean Union 326 Future of India 330 Future of Japan 334 Future of Korea 338 Future of Latin America 342 Future of the Middle East 346 Future of Pakistan 350 Future of Russia 354 Index 360 Global_Agenda_SRO_Layout 1 13.01.10 10:29 Page9 Preface Klaus Schwab Founder and Executive Chairman Rarely has their been a more critical time for us to come together, and the fact that we had a very high-level participation at this year’s Summit on the Global Agenda is a remarkable testament of the international commitment to meet global challenges in a more inclusive and more sustainable way. This year, 700 Global Agenda Council Members from all disciplines and from over 90 countries, representing 76 Councils, met at the Summit in Dubai to address the most important challenges facing the world. The work of the Councils, which was significantly advanced in Dubai and prepared in the virtual WELCOM meetings ahead of the Summit, catalysed ideas and proposals on how to improve global cooperation in a collaborative, integrated and actionable way. This work, integrated into a unique undertaking – the m ultistakeholder Global Redesign Initiative of the World Economic Forum – forms the basis for discussions at the 40th World Economic Forum Annual Meeting in 2010. The organizing theme for this year’s Annual Meeting is a call to action, “Improve the State of the World: Rethink, Redesign and Rebuild”. The Network of Global Agenda Councils will drive this rethink, and redesign discussions in Davos will lever age the ongoing work of the Forum’s Global Redesign Initiative. The thematic pillars of the programme will focus on the following six areas of inquiry and their global, regional and industry dimensions: 1. How to Build Effective Institutions 2. How to Create a Values Framework 3. How to Enhance Security 4. How to Ensure Sustainability 5. How to Mitigate Global Risks and Address Systemic Failures 6. How to Strengthen Economic and Social Welfare As we look ahead to a year of continued transformation, we must be both proactive and long-term oriented, combining the urgency of restoring growth in the global economy with the need to progress on long-standing global challenges. And I count on all Global Agenda Council Members, as well as the broader Forum community, to advance the current work of the Councils and help ensure that the world’s leaders are best informed on the most pertinent actions at this very important time in our history. It is important to acknowledge that the work we are doing is extremely ambitious, but in present circumstances, there is no point being anything but ambitious. The work of the Global Agenda Councils will continue to stimulate imaginative and sometimes controvers ial thinking – but the process also underscores the critical need to depoliticize international problems – to develop ideas that can more successfully deal with the challenges, opportunities and 9 Global_Agenda_SRO_Layout 1 13.01.10 10:29 Page10 risks of a more interdependent, complex and time-constrained world. To engage in a more fundamental debate on how global interdependence can be managed in a way that advances shared social, environmental and economic objectives and values. It is clear that a fundamental shift in values and political culture is vital if we are to foster the global cooperation necessary to confront contemporary challenges in an effective, inclusive and sustainable way. This publication, Global Agenda Council Reports 2010, is a distillation of the highlights of the tremendously relevant discussions that transpired during the Summit in Dubai. It is designed to serve as a springboard for the deliberations that take place during the World Economic Forum Annual Meeting in Davos- Klosters and aims to enhance our shared under standing of the state of the world by increasing awareness of the complexity and interlinkages among global issues. It heightens our appreciation of the urgency and necessity to address global challenges and it also serves as a resource of recommendations to catalyse the discussions on how to improve the state of the world. I would like to thank the Chairpersons and Members of the Network of Global Agen da Councils for the invaluable insights that made this publication possible. Special appreciation also goes to the Council Chairs and Members who helped facilitate the discussions and synthesize the findings from the Council deliberations, specifically the Cluster Facilitators: Tim Brown, Lord Mark Malloch- Brown, Victor Halberstadt, Ian Bremmer, Vijay Vaitheeswaran and Pratap Mehta; and to the Cluster Rapporteurs: John DeGioia, Josette Sheeran, John Gieve, Ashraf Ghani, Steve Howard and David Kennedy. Special thanks also to the