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Published: August 27, 2013
 / Autumn 2013 / Issue 72

 
 

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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