The World Economic Forum's Global Cooperation Barometer paints a complex picture of global cooperation, revealing both the challenges posed by increasing competition and conflict, and the potential for progress through innovative collaboration.
The World Economic Forum’s Global Cooperation Barometer offers a critical assessment of the state of global cooperation, showing a world grappling with heightened competition and conflict, while also identifying various areas where leaders can drive progress through innovative collaboration.
Released amid geopolitical, technological and sociopolitical upheaval, the Forum’s flagship annual report underscores the urgency of addressing shared challenges and offers leaders guidance on what cooperation can achieve. Developed in collaboration with McKinsey & Company, the Barometer uses 41 indicators to measure the current state of global cooperation. The aim is to offer leaders a tool to better understand the contours of cooperation broadly and along five pillars: trade and capital flows, innovation and technology, climate and natural capital, health and wellness, and peace and security. Now in its second edition, the Barometer draws on new data to provide an updated picture of the global cooperation landscape, with a particular focus on the impact of the new technological age. “The Barometer is being released at a moment of great global instability and at a time when many new governments are developing agendas for the year, and their terms, ahead,” says Børge Brende, president and CEO of the World Economic Forum. “What the Barometer shows is that cooperation is not only essential to address crucial economic, environmental and technological challenges, it is possible within today’s more turbulent context.” Bob Sternfels, global managing partner of McKinsey & Company, adds: “This second edition of the Global Cooperation Barometer focuses on where cooperation stands today and what it can look like in the new technological age. “Advancing global innovation, health, prosperity and resilience cannot be done alone. Leaders will need new mechanisms for working together on key priorities, even as they disagree on others, and the past several years have shown this balance is possible
GLOBAL COOPERATION WORLD ECONOMIC FORUM INNOVATION TECHNOLOGY CHALLENGES
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