G7 YOUTH SUMMIT 2017
“Rethinking Innovation as catalyst for an inclusive, open and sustainable growth”
In order to fully embrace the Next Production Revolution, it is necessary to support the data economy while protecting and empowering individuals, advancing sustainable growth, and promoting a dynamic, open, and inter-connected start-up ecosystem.
1. Enable a data economy while ensuring the protection and empowerment of individuals.
2. Achieve sustainable growth in accordance with the Paris agreement.
3. Facilitate dynamic start-up ecosystems and reduce barriers to innovation.
Our current approach to education is not fit for the 21st Century. To tackle this, we need to focus on (1) Science, Technology, Engineering and Mathematics (STEM) literacy (2) emotional intelligence and (3) adaptability.
The new educational model needs to be inclusive and accessible for all. This includes supporting women and minorities in STEM, and developing technological infrastructures for indigenous communities.
1. Promoting STEM literacy in education, through:
2. Prioritising emotional and technical/practical intelligence, through:
3. Enhancing personalised education systems and lifelong adaptability, through:
4. Building public and private partnerships in education, through:
5. Promoting vocational and continuous training, through:
Funding retraining programmes for workers in declining industries.
1. Tackling inequalities:
The Next Production Revolution and the expansion of digitalisation calls for a change in the demographics, attitudes, and composition of the workforce. This presents an opportunity to reduce gender gaps and ensure that minorities are well represented in the workforce. to tackle inequalities and increase prosperity, we recommend:
2. Welfare systems and security:
The significant changes in the nature of work will have to be accompanied by a reform of the welfare state. These systems must face challenges such as rising unemployment, the growing platform economy, increased labour mobility and more reliance on automation. The welfare state must adjust the legal framework and protect workers by:
Recognising the changing landscape of work and increased strain on social benefit programs as a result of an ageing population by: