https://www.un.org/fr/desa/new-globaliz ... our-futureSpeaking before the UN General Assembly’s Second Committee on 13 October 2017, Mr. Liu highlighted three mega-trends related to globalization: “Shifts in production and labor markets; rapid advances in technology; and climate change.” These trends are expected to shape and influence our future.
The first mega-trend refers to the impact that production changes have had on labour markets, including through outsourcing and mechanization, which have spurred job losses, particularly in manufacturing sectors. These trends in labour markets are associated with higher rates of income inequality, which has increased in a majority of countries across the globe.
The second mega-trend is closely connected to the first, as it relates to the fast-moving development and advancement of new technologies, including in information and communications and artificial intelligence, that have also affected the world of work. While these innovations can act as catalysts for sustainable development, countries that do not have access to them are at risk of being left behind.
Globalization and its effect on climate change is the third emerging mega-trend. The report highlights that many trends closely linked to globalization, including economic activity, lifestyle changes and urbanization, all have an impact on our environment and may contribute to climate change.
Is globalisation beneficial or detrimental to Australia?