As per a recent MC Kinsey study....

• The great rebalancing: The coming decade will be the first in 200 years whenemerging-market countries contribute more growth than the developed ones. This growth will not only create a wave of new middle-class consumers but also driveprofound innovations in product design, market infrastructure, and value chains.
• The productivity imperative: Developed-world economies will need to generatepronounced gains in productivity to power continued economic growth. The mostdramatic innovations in the Western world are likely to be those that accelerateeconomic productivity.
• The global grid: The global economy is growing ever more connected. Complexflows of capital, goods, information, and people are creating an interlinked networkthat spans geographies, social groups, and economies in ways that permit large-scaleinteractions at any moment. This expanding grid is seeding new business models andaccelerating the pace of innovation. It also makes destabilizing cycles of volatility more likely.
• Pricing the planet: A collision is shaping up among the rising demand forresources, constrained supplies, and changing social attitudes toward environmentalprotection. The next decade will see an increased focus on resource productivity, the emergence of substantial clean-tech industries, and regulatory initiatives.
• The market state: The often contradictory demands of driving economic growthand providing the necessary safety nets to maintain social stability have put governmentsunder extraordinary pressure. Globalization applies additional heat: how will distinctlynational entities govern in an increasingly globalized world?