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 / Autumn 2013 / Issue 72(originally published by Booz & Company)


Is the Arctic the Next Emerging Market?

The Arctic region will require novel, cooperative solutions to overcome these challenges to sustainable economic development. The time to act is now: The resources locked in the Arctic could shift the balance of energy supply and demand in the world in important ways. 

Reprint No. 00205

Author Profiles:

  • Per-Ola Karlsson is a senior partner with Booz & Company’s organization, change, and leadership practice, and is based in Stockholm.
  • Laurence C. Smith is the chair of geography and professor of earth and space sciences at the University of California at Los Angeles, and author of The World in 2050: Four Forces Shaping Civilization’s Northern Future (2nd ed., Plume, 2011).
  • This article is adapted from “Demystifying the Arctic by Stating the Truths,” a report by the World Economic Forum’s Global Agenda Council on the Arctic, of which the authors are members (and Karlsson is chair).
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