Industry / World / Economy

Globalization 4.0

Posted On: Jan 16, 2019   |   Posted By: Foreign Affairs

The world today needs a new framework for global cooperation in order to preserve peace and accelerate progress. After the cataclysm of World War II, leaders designed a set of institutional structures to enable the postwar world to trade, collaborate, and avoid war-first in the West and eventually around much of the globe. Faced with a changing world, today's leaders must undertake such a project again.
This time around, however, the change is not just geopolitical or economic in nature. The Fourth Industrial Revolution -the complete digitization of the social, the political, and the economic-is tugging at the very fabric of society, changing the way that individuals relate to one another and to the world at large. In this era, economies, businesses, communities, and politics are being fundamentally transformed.

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