Pwc 2020 Real Estate Trends

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Expert Forecasts for 2020

Different Countries, Different Issues: The Capacity of Various Nations to Use Technology Applications to Address National Problems Many of the countries with this level of S&T capacity frequently put promoting economic growth and international commerce higher on national agendas than scientifically lagging countries typically do (but still usually much lower than nations in the proficient and advanced groups). Most of them very much need to manage urban migration, create jobs, and expand the middle class. For countries that are to some degree actively exporting products to the global marketplace (e.g., Chile and Mexico), increasing economic competitiveness is a real-istic development goal. Colombia is a clear exception in this regard; its economy is much less involved in international trade than most other nations in this group. The heightened politi- Scientifically developing countries will vary significantly in their capacity to put technology applications into practice through 2020. Brazil, Chile, Mexico, and Turkey will be most. Overall, nations in this group will be most able to implement the applications that would spur the development of rural economies and reduce the use of resources. They will be somewhat less able to implement applications that could serve to improve public health. South Africa, Colombia, and Indonesia in particular may be severely impaired by the plethora of barriers they face. In terms of promoting economic growth, all the countries in this group will face considerable implementation challenges, and their capacity will be extremely low. These countries may develop more capacity if current positive economic and development trends continue, but without quality infrastructure beyond metropolitan areas, the use of relevant applications may be significantly limited. Finally, nations that aspire to strengthen homeland security will also have very limited capacity to implement the applications that can help in this area. • Population and demographics: Overall size, average age, and growth rate of the population and the relative size of different age groups within a population.