Today, being at the forefront of prosperity thinking carries a different meaning than it did a decade ago. New threats have emerged. There are significant questions about the fitness of national and international governance systems for managing conflicts of interests, cultures and beliefs. There are clear crises surrounding the legitimacy of governments, and deep anxiety about corporate commitment to societal wellbeing. Social inequalities are rising, while climate shifts are disrupting our ecosystem. These shifts demand a renewed strategic direction.

How can we develop pathways and support livelihoods that deliver future prosperity for all? What new social, economic and political institutions are needed for our changing societies?

A new economy for the 21st century requires innovative social, economic, and political institutions that can drive equitable, sustainable prosperity and support the long-term wellbeing of people and places. This includes whole-system economic approaches, reimagined social protection, and the development of an economy of belonging centred on quality of life. It also involves transforming financial inclusion so that financial practices reflect community priorities and enable people to lead the lives they value.