The Major Macrosocial Trends

Petrakis, Panagiotis E.

The trends that will shape the future are related to wider social, economic, and political changes. This chapter presents the major macroeconomic trends expected to change the social structure, and at the same time change economic conditions, and therefore the level of human prosperity. Firstly, it looks at how Covid-19 can affect global developments, accelerate pre-existing trends, or even radically altering terms of change, while then analyzing general macroeconomic trends: urbanization, demographic, and migration changes, the 4th industrial revolution, climate change, developing globalization, and global structural changes. This chapter is the first part of an analysis on broader megatrends, with the next two focusing on the economic and political field.