Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution
Summary
The World Economic Forum's 2019 Annual Meeting focuses on 'Globalization 4.0', seeking to create a new framework for global cooperation amidst the Fourth Industrial Revolution. The meeting aims to address geopolitical uncertainty and environmental boundaries through multistakeholder dialogues on the economy, technology, and institutional reform.
Key insights
- The World Economic Forum identifies a transition toward 'Globalization 4.0', characterized by a shift from a world order based on common values to a 'multiconceptual' world defined by competing narratives and the rapid scale of the Fourth Industrial Revolution.
- The 2019 Annual Meeting is guided by five working principles: the necessity of multistakeholder dialogue, the need for globalization to be responsive to national and regional concerns, improved international coordination despite a lack of multilateral cooperation, collaborative efforts across business and government to solve global challenges, and the requirement for inclusive and sustainable global growth.
- The Forum's 'Global Dialogues' will specifically address the management of key environmental systems, including the biosphere, oceans, and climate, through a focus on risk resilience and systems thinking.
- The agenda includes redefining economic and financial systems to incorporate Fourth Industrial Revolution technologies, such as blockchain and cryptocurrencies, to ensure long-term societal well-being and sustainable growth.
Cite the original document
- APA
- World Economic Forum (2019). Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution. http://www3.weforum.org/docs/WEF_AM19_Meeting_Overview.pdf
- Chicago
- World Economic Forum. Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution. 2019. http://www3.weforum.org/docs/WEF_AM19_Meeting_Overview.pdf.
- Wikipedia
- {{cite report |author=World Economic Forum |title=Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution |date=2019 |url=http://www3.weforum.org/docs/WEF_AM19_Meeting_Overview.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{worldeconomicforum2019globalization, author = {{World Economic Forum}}, title = {{Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution}}, institution = {World Economic Forum}, year = {2019}, url = {http://www3.weforum.org/docs/WEF_AM19_Meeting_Overview.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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