Proof Point
Trade (95%), connectivity (95%), labor force development (90%), and universal access to services (88%) top globalization benefits according to CEOs surveyed by PWC
Top Socioeconomic Benefits of Globalization According to CEOs
2016 (percent of respondents)
| Note: | Data based on PwC’s 20th Global CEO survey of 1,379 respondents |
Proof Point Findings
- Globalization – Free trade of goods, services, capital, people, technology, and information between countries and regions
- Most Important Contributions of Globalization – CEOs surveyed by PWC worldwide think globalization contributes most to global trade of capital, people, goods and information (95%), connectivity (95%), availability of skilled and educated labor force (90%), and access to infrastructure and basic services (88%)
- Lesser Impact on Pressing Global Issues – Fewer CEOs believe globalization helps in addressing critical global issues, such as climate change (64%) and inequality between rich and poor (51%)
- Key Drivers – Include improving connectivity, greater drive of businesses to acquire new customers in markets abroad, more open international and regional trade policies, easier and lower costs of transporting people and goods, less expensive labor and production abroad, expansion of foreign direct investment, and development of international institutions
|
Accelerator |
|
|
Market Disruption |
|
|
Sector |
Cross-sector
|
|
Source |
|
|
Date Last Updated |
June 3, 2017
|
