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December 5th, 2000

Terry's Trends™ for 2001 and Beyond
© Dr. Terry J. van der Werff, CMC

Each year we highlight some global trends for the future to stimulate your thinking and planning.

POPULATION

Each year the world's population grows less than the year before.

Global population will hit 9 billion by the middle of the 21st Century, compared with 6 billion now, and will stabilize  at 10 billion near the end of 22nd Century.

America’s population will grow 25% in the next 25 years.  The West will grow by 45%.

Five states - California, Texas, Florida, Georgia, and Washington - will account for half of the total growth.

Hispanics will overtake Blacks as the largest minority before the end of the decade.

FOOD

Genetically modified foods will cause an dramatic upsurge in nutrition and health of those living in developing countries by 2006.

The biotech revolution will effectively eliminate hunger within the next generation.

HEALTH

Based on the recent mapping of the human genome, in the next decade scientists will correlate pieces of the genome's structure with various diseases.

In the following decade we can safely look to an explosion of new biotech drugs both to cure and to prevent disease.

BUSINESS AND TRADE

Global economic output will rise 4% annually throughout this decade, led by 6% annual growth in Asia.

Trade will grow at 7% until mid-century.

China and India will both surpass Japan economically by the end of the decade, which in turn will lead to restructuring of many global political alliances.

e-COMMERCE

e-Commerce will transform all industries and create new ones.  Companies that do not adapt will die.

Traditional retailers are stealing both thunder and sales from dot.com companies, as the former transform their businesses through the integration of information technology.

The majority of the United State's GDP growth will be due to the Internet economy.

By 2004 the Internet economy will be the United States' largest economic sector.

ENERGY

Global energy usage will grow 3% per year for the next quarter century, most of the growth coming in Asia.

World oil prices will remain at $25-30 per barrel for the foreseeable future.

Deregulation of electrical utilities in the United States will cause wide fluctuations in the cost of power until new alliances and business models smooth these out near the end of the decade.

Check out what we said about 2002 and beyond.

Check out what we said about 2000 and beyond.

Check out what we said about 1999 and beyond.

 

 

 

 


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