Big Issue of The World Economy in 2012
by All academic, corporate, and social institutions incorporated in the World Economic Forum (WEF) said there were six important agenda of the world that should receive great attention in 2012.
The world’s most important agenda is based on events that appear in this year starting from the crisis Fukushima, Japan, Libya crisis, and the last action of the occupation of Wall Street or occupy Wall Street.
In the WEF report entitled "The Outlook in the Global Agenda 2012" which earned VIVAnews, Wednesday, December 14, 2011 is mentioned as much as 1,500 experts gathered in the WEF annual meeting of the Network of Global Agenda Council held in the United Arab Emirates.
WEF economic agenda of the world hoped that attention will probably be next year this could be the answer for countries in the world in making policy.
In the WEF report entitled “The Outlook in the Global Agenda 2012″ which earned VIVAnews, Wednesday, December 14, 2011 is mentioned as much as 1,500 experts gathered in the WEF annual meeting of the Network of Global Agenda Council held in the United Arab Emirates.
WEF economic agenda of the world hoped that attention will probably be next year this could be the answer for countries in the world in making policy.
This is the sixth economic agenda that will seize the attention in 2012:
1. The global economic outlook
The world economy in 2012 may still be dominated by the crisis in Europe, where the discussion of the WEF experts highlighted the problem of state government securities.
In the year 2008 when the banking system to help developing countries in tackling the financial crisis, by themselves they bring the issue in his country finances.Currently, the major countries in the world is facing a debt crisis when the world economy is experiencing a slowdown accompanied by a mounting number of unemployed.
The result, economic conditions in 2012 will be marked instability in the absence of rules where the financial system appeared acceptable to all countries, the low confidence in the market, and the emergence of speculation.
2. The transition strength of world economies and Emerging Market
Economic and political conditions will continue with the transition of the countries in the North to South and from West to East.
This transition causes the weakening of the system of multilateral or international institutions. In addition, it also led to increased regional force in international relations including security, trade, and finance.
In 2012, the world would be filled with transition effects from state-centered institution to a coalition based on the desire and non-governmental institutions. It was seen from the diplomatic activities and actions of regional organizations.
3. Inclusive economic growth and job creation
The problem of unemployment is currently a political and economic issues facing the leaders of the countries in the world. Unemployment is a manifestation of a number of structural faults, world population growth, widening differences between rich and poor, and the gap between education, skills, and employment.
4. Political defense and multi-stakeholder governance
Faced with the biggest economic crisis since the Great Depression, the political system in the U.S. and Europe have collapsed. The stagnation of decision making in one of the world’s major markets in the world makes the whole system collapsed.On the other hand, the focus of government that seeks to improve the domestic economic conditions causing a vacuum of leadership on global issues.
Political institutions is expected to face a critical period due to reduced public confidence.
With the weakening of state functions, a new mechanism such as a multi partnership stakeholderdalam various forms and levels are expected to play an important role in channeling public values.
5. Scarcity of natural resources and climate change
Pressure on natural resources and the acceleration of climate extremes are expected to increase the impact on economic development and growth in some countries. Economic pressures will lead to the need for innovation in the growth of sustainable technologies and economic models.
6. The era of digital revolution
The Internet will become the main pillar of the welfare of the world. The work, entertainment, consumption, policy decisions, supply chain, security systems, and communications and all aspects related to modern lifestyles will be established in the digital world.
However, permeation digitalisme in human relations will also bring dangers as large as the well-being. Challenged the private sector to develop the capacity and legitimacy to the digital environment in a country.
Centralized and hierarchical system is expected to move into a distributed network.Government moves to tighten Internet access will only exacerbate the pressure on public privacy, freedom of expression, and demands for transparency.
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