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Editorial Rating

8

Qualities

  • Comprehensive
  • Scientific
  • Eye Opening

Recommendation

The Space Age is little more than half a century old, but it clearly marks a pivotal era in world history. It has profoundly shifted humanity’s view of itself, from a society bound by competing political blocs toward a more holistic panorama. The global economic and social benefits of space technology and science are profound: The study of Earth from space allows human beings to analyze and help conserve the planet’s dwindling natural resources. Space technology provides valuable information about weather and navigation, and satellite communications bring people closer together. The space industry – one of the world’s fastest growing sectors – exerts a powerful gravitational force, pulling many other commercial and societal aspects into its orbit. This comprehensive and nuanced report from the World Economic Forum is a fascinating must-read that getAbstract highly recommends to all policy makers, executives, NGO leaders and environmentalists.

Take-Aways

  • Space-based technology contributes to global social and economic welfare and thus should be a protected infrastructure.
  • Byproduct technologies from space exploration improve the quality of people’s lives through advances in such areas as medical diagnostics.
  • The industry’s growth rate, driven by government spending, is nearly 8% per year. Now governments need to protect space-based technology.

About the Author

The World Economic Forum is an independent global organization that engages leaders of business, politics, academia and society to improve the state of the world.