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Paperback Falling Long-Term Growth Prospects: Trends, Expectations, and Policies Book

ISBN: 1464820007

ISBN13: 9781464820007

Falling Long-Term Growth Prospects: Trends, Expectations, and Policies

A structural growth slowdown is under way across the world: at current trends, the global rate of potential growth is expected to fall to a three-decade low over the remainder of the 2020s. Nearly all the forces that have powered growth and prosperity since the early 1990s have weakened. In addition, a series of shocks has affected the global economy over the past three years. A persistent and broad-based decline in long-term growth prospects imperils...

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