@McKinsey_MGI has put out a very insightful study of 'The Social Contract in the 21st Century'.. mckinsey.com/industries/soc… - Some takeaways..(1/12) #GlobalTrends #Systems #Technology #StandardOfLife #Inequality #Work #CostOfLiving
2/12 #GlobalTrends - The #SocialContract...
3/12 The 21st-century #SocialContract - Economic outcomes for individuals so far...#GlobalTrends
4/12 The framing of the #SocialContract in economic terms...#GlobalTrends #Systems
5/12 #GlobalTrends #Employment trends by key nations (2000-2018)...
6/12 #GlobalTrends #Employment: Wages & poverty rates by key nations...#SocialContract
7/12 #GlobalTrends - #Consumer prices by key nations: While #food costs are down #housing, #education and #healthcare has risen dramatically in some places..
8/12 #GlobalTrends - A significant amount of income gains was spent on basic goods and services, primarily housing...
9/12 #GlobalTrends - #Savings and #Pensions are down leaving ageing populations facing uncertain futures...#SocialContract
10/12 #GlobalTrends - A lack of savings leaves populations of most nations facing a need to continue to work longer...#Demographics
11/12 #GlobalTrends - the economic pie has grown impressively but the benefits has increasingly been distributed to the high-income groups and the middle has been squeezed as economies have moved up the innovation ladder...#Systems
12/12 #GlobalTrends - economic outcomes has been skewed against the younger generations leading to them increasingly questioning the system and increased friction between generations...
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