The Global Trends project encompasses wide-ranging research and engagement across a variety of regions and topics. These multiple inputs are designed to serve as building blocks, helping us to generate larger insights for assessing strategic risks and opportunities for the world over the next 20 years. This annex includes two important foundational elements to the Global Trends report:

• The first section, “The Next Five Years,” represents a systematic overview of trends across each region of the world, focusing on the first-order effects of the changes we see underway over a five-year time horizon.

• The second section, “Key Global Trends,” explores these first-order effects over a 20-year time horizon organized around issues—such as demographics, economics, governance and security—rather than by geographic region.