What will Spain be like in 2033 according to the PWC forecast

The company specialized in professional services PWC has prepared a report that it intends anticipate the future of Spain to facilitate decision making and respond to challenges. I find it especially interesting because it can serve to know what can be the keys for our children that at that time, and according to the ages at which we turn on the blog, will be in the twenties to thirties. The report, which is accessible at the bottom of the page, projects GDP (gross domestic product), employment scenarios and analyzes growth factors in Spain.

From the report, which I recommend reviewing, I extract some ideas that seem relevant to me. So it seems that The West loses weight in the world order and that both the emerging powers and the effects of globalization do not allow us to know who can dominate the economy. The army will no longer be differential and with great political and ideological diversity in the world, companies will have to respond to the complexity of the markets. The world economy will grow across the Pacific, with Asia and the United States pulling strong, and Europe and Japan will have very limited growth capacity. In a very global world there will be very large entities that will have to be managed with a global vision. Y innovation will be fundamental So new productive models will appear, there will be a high demand for talent and a lot of labor mobility. In addition, the technification and use of technology in manufacturing processes will encourage inequalities among workers and the challenges that some say is that we will have to learn, unlearn and relearn continuously.

Our children are going to be more freelancers, more free to choose, with decision-making power and organization over countries and will create a new middle class. The increase in hope and quality of life, the decline in birth rates, the rise of cities and migratory movements will be some of the demographic keys of the world in which the presence of women in society will also grow. And finally, the pressure on natural resources It will increase significantly with strong competition between states and companies to ensure its supply.

Here I leave a video embedded with the key information of the document presented:

So the global challenges, which will be reflected in Spain, require us to make changes and reforms, such as having a Public Administration with a focus on foreign policy, pay attention to Asia, boost the internationalization of companies and open new markets in Latin America, consolidating the current position, and in Africa. There are many more challenges, because our children have to work in an environment that boost innovation and productivity with legal certainty, with the participation of the private sector and with public-private cooperation. In addition, reduce energy vulnerability and boost efficiency. And to compensate for the effects of aging and preserve the welfare state It is necessary to promote birth and extend working life, promote women's employment and consolidate a model of integration for the second generation of immigrants arriving in Spain.

More objectives to be met are investing in human capital and reducing the generation gap, offering an educational framework that also drives talent in companies, fostering equal opportunities and meritocracy, favoring transparency in Public Administration. And we must also improve in companies, promoting internationalization and assume the strategic nature and improve risk analysis to anticipate unwanted situations. Companies will also tend to multilocalization, they will be catalysts between the political and the social, they will unite to gain muscle and their workers will be multicultural and talented. And it is that the employees will have training in diverse cultures, there will be greater presence of foreigners in the management and in the boards of directors, they will be created new consumption patterns Among the emerging middle classes, there will be products and services for those over 65.

If we interpret these conclusions and the current situation I think that I have to be calm, I have a daughter, she is training in uses and applications of technology and lives in a comfortable area to face the challenges. Although you have to shake up because you will have to travel outside of Spain as soon as you are trained in languages, cultures and needs. And when he returns, he will have to build entrepreneurial businesses that, although they last a short time, will require him to reinvent himself permanently. The other option is to stay in Spain, in the Public Administration, and contribute to making management more efficient. And more options, because there are professions as a Bachelor of Law, Economics or Engineering that can open doors for these large and global companies. She will have to choose.

And in the year 2033, if I arrive, we can retrieve this article, or what is left of the Internet then, and see what has happened. Sure we will laugh though for now you have to get to it for what might happen.