Five future bets for Portugal – Observer
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Following the disputed legislative weeks-elections, we do not care about the end of this vision and regarding the main challenges, we also do not suggest a set of proposals that can be developed for the future of Portuguese society.
Education logo for the education and literacy of children, adults and young people.
About adults, and from Eurostat data, Portugal with the least educated country in the entire Union, with the country with the least educated country in the entire Union, 52% according to very significant European and/or higher education 2019, being far from the EU population average (78%). In addition, and according to INE data on indicators related to the United Nations Sustainable Development Goals, Only 46% of adults in Portugal between the ages of 18 and 64 participate in lifelong learning and training activities.
As for the youngest, there is a need to modernize and evolve education to the standards and expectations of the 21st century labor market. On the one hand, and as a measure planned in December 2021, secondary school students will be able to choose their subjects according to their interests and perspectives for the future. On the other hand, this measure can only be 95 of the groupings in the country that must be measured from the Ministry of Education to the innovation plans approved by the Ministry of Education.
Furthermore, there is a wide gap in our curricula, from kindergarten to higher education. Of these, I would highlight the financial literature, which may explain why it is the second to last survey report on financial literature in Portugal, promoted by ASF, Banco de Portugal and CMVM in 2020, a majority of the majority continues to have their money stopped in the bank in current accounts, or kept at home. At the time of this study, only 9% intended to invest in the stock market or other types of assets, such as works of art.
Continuing the narrative with the financial area, the new legislature will have a broad challenge in perfuming the country’s growth objectives, which may involve implementing changes in terms of taxation, both for people and for companies, in a complicated economic environment of interest rate hikes and inflation, as well as a public debt of more than 130% of GDP.
Furthermore, it will be crucial to have transparency in the application of PRR (Recovery and Termination Plan) funds, focusing on the three transnational institutions in the post- : reduction of social inequalities, transition and digital.
Regarding the first, and according to INE data, the risk of poverty in Portugal increased to 18% of the total population and to almost half of the unemployed population, due to the impact of the pandemic. This is even a top priority for States, not only at a national level, but also at a global level, given the proportion of level fees between different countries. Of the approximately 10 billion billion continents, there were only 350 million doses worldwide (3.5%, when the total of 16% of the globe).
On the definition of the international regulatory framework and the second management of the European Union, with the entry into force of the Taxonomy and the Climate Bases Union by the European Union (and others such as the SFRD). These financial and capital institutions to subsequent investment policies and a sustainable duty have to define with neutrality regulations the important impact of neutral food, dictating impact on finances that as companies will also have to have, to access mechanisms and instruments of financing.
When it comes to digital crypto country websites, the central banks of the various and supranational organizations such as the ECB or the American Federal Reserve will have to design new solutions for virtual currencies or criteria that China has already announced that it will study with an e-currency. renminbi), against which the economics Nobel Paul Krugman points to the risk of provoking a new “sub-prime” and whose market value currently stands at 3 trillion dollars, which, for simple comparison purposes, is higher than the GDP of economies such as Italy or France.
Technology is also an indicator of the highest importance when it comes to the defense sector. As the recent information attacks on the Impresa group and on the Parliament in less than a month prove, cybersecurity is a topic to be taken very seriously, due to the increasing decentralization and migration to digital.
To this end, new technologies such as new innovators, the development of tools and machine learning and artificial intelligence, as well as the 5G network (and, much sooner than you might think, 6G) will be critical to fighting cybercrime. States on a web will then modernize themselves from a technological point of view and understand that we are a definition of new regulations to deal with data in virtual environments are already around the corner. In fact, and according to the last globalized risk report published by the World Economic Forumcybersecurity is one of the main global risks, along with barriers to migration, the struggle for space for sustainable transformation.
Reference is already made to an economic-financial domain that also does not refer to an economic policy, but to a strategic leadership of the State, but which also does not refer to an economic-financial domain, but to a geographical leadership of Portugal. And this has a lot to do with the importance of the sea.
ONE national strategy for the sea 2021-2030 Management of measures of classification and efficiency of national fisheries at least 30% of marine waters effective for the national economy, the creation of incentives for highly qualified national employment, the sustainable reconversion of blue fisheries into the blue economy, or a program of re-industrialization in the blue economy, with priority for the bioeconomy, robotics and use of clean technologies.
It is sustainable to develop a development project, as it contributes, at the time of Portugal, to several of the goals of the United Nations. The sea environmental environmental resources and important environmental resources and protection of environmental ecosystems, can not contribute to environmental environmental resources and environmental resources of environmental resources of environmental resources. Promotion of greater health, well-being and food security.
Over the past two years, the culture sector has been mentioned several times as being one of the most affected by the pandemic. The truth is, historically, culture has been neglected by several governments, accounting for less than 1% of the state’s total. As a metric for comparison, here in Spain, it concerns 3.2%, and in the US, 4.2% of the total State budget of these countries.
The emergence of new ways of “making culture”, such as the NFTs (very well explained by my colleague) Global Shaper Pedro Líbano Monteiro in last week’s article), and new technologies like virtual and experimental reality, we will transform the way more stories, and entertainment as we interact, as well as with each other, and with meaningful art.
Bloomberg predicts that the metaverse-related market (terminology used to indicate a type of virtual world that tries to replicate reality through larger devices) to reach 800 million new digital dollars in 2024, enhancing the physical world and the digital world, opening up possibilities for creation of creation business models for artists and associations linked to culture and entertainment, from museums and content, audiovisual and video producers. These organizations can potentially promote the State so that their organizations strategically increase the impact and, in many cases, promote and disseminate Portugal’s creations and brand across borders.
Finally, and as an integral part of the development of culture, sport, which, along with politics, has a prominent place in the media on a daily basis, must be increasingly seen as a fundamental economic and social axis of our parents . Not only because it starts with education, but because sport does not have an autonomous expression at the government level, with a total absence of long-term sports policy for the country. The national political agenda must, therefore, incorporate sport as an important engine of the national economy, as well as one of the main vehicles for monitoring the quality of life of the Portuguese, given the link between sport and health. It should be noted, in this line, that in 2019 30% of children were obese in Portugal.
In addition, the large share of funding sources for national sport comes from Santa Casa da Misericórdia and revenue from Social Games. The current model, and this one, in fact, does not finance sport in a sustainable way, neither for the average (national competitions) nor for the high competition (national teams). Extraordinary are like our federations, teams and athletes who, even with all these organizations in the world, achieve prestigious results. Culture and sport must be put in the place they deserve.
Some areas that represent challenges not only for the government but also for companies and civil society for the coming years and which will have an impact in the coming years and beyond. In fact, this is a goal that we must all involve, that of preparing a better society for the future and not just focused on the present.
Diogo Almeida Alves has lived on four continents and nine countries and today works with large companies, industries, startups and investors in the area of digital transformation with the brand The Orange. In addition, he believes in empowering and developing people’s skills through innovation and the arts, transposed in The Human Story project. He is also a co-founder of TippingUp, an organization that focuses on developing impact projects, training programs, studies and research to address the issue globally. Diogo is co-author of the book “Binomial Tecnologia e Sustentabilidade, contributor to the United Nations SDG Encyclopedia, published by Springer Nature and Director of the German Federal Sustainability Association. He was Curator of Global Shapers at the World Economic Forum in Lisbon, being co-responsible for the 100 Oportunidades project.
The Observer joins the Global Shapers Lisbon, World Economic Forum for, weekly, community debates a relevant topic of politics seen through the eyes of one of the young leaders of Portuguese society. The article represents the author’s personal opinion, framed in the values of the Global Shapers Community, albeit in a non-binding way.