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By Fred Harmon

Fred Harmon in actual fact describes how worldwide and societal developments will impact businesses within the subsequent decade

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Extra info for Business 2010: Five Forces That Will Reshape Business -- And How to Make Them Work for You

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Will be growing far more slowly than in the recent past, from 274 million at 20th century’s end to 298 million people in 2011. There is no modern precedent for this kind of change. Governments and businesses alike have traditionally assumed an expanding population except for periods of war or pestilence. More people traditionally meant bigger markets and a plentiful supply of workers. Now most of the Western world must build strategies on the premise of shrinking population. S. must include the more rapid assimilation of immigrants as workers and consumers.

10 Globalization and the Environment All this growth must inevitably lead to more industrial pollution and environmental degradation, other critics argue. This, of course, is an argument against economic growth in general rather than against globalization specifically. Further, many developing countries are stepping up the fight against pollution at much lower levels of income than the rich countries did at the same stage of development. In Indonesia and the Philippines, for example, pilot projects based on public disclosure of information about factory pollution have significantly reduced industrial pollution.

Even that small gain is good news for the economy. It signals that a decades-long trend toward early retirement may be coming to an end, as businesses begin to trim early retirement incentives. Many people want to work longer because they enjoy handling the growing number of mental jobs created by technology and education. Others will stay on the job because they don’t think they have enough money for a worry-free retirement. S. workers today expect to work for pay in retirement, according to a 1999 survey by the nonpartisan Employee Benefit Research Institute.

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