Potential Growth Prospects: Risks, Rewards, and Policies
Potential output growth around the world slowed over the past two decades. This slowdown is expected to continue in the remainder of the 2020s: global potential growth is projected to average 2.2 percent per year in 2022-30, 0.4 percentage point below its 2011-21 average. Emerging market and develop...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2023
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| Online-Zugang: | Volltext |
| Zusammenfassung: | Potential output growth around the world slowed over the past two decades. This slowdown is expected to continue in the remainder of the 2020s: global potential growth is projected to average 2.2 percent per year in 2022-30, 0.4 percentage point below its 2011-21 average. Emerging market and developing economies (EMDEs) will face an even steeper slowdown, of about 1.0 percentage point to 4.0 percent per year on average during 2022-30. The slowdown will be widespread, affecting most EMDEs and countries accounting for 70 percent of global GDP. Global potential growth over the remainder of this decade could be even slower than projected in the baseline scenario-by another 0.2-0.9 percentage point a year-if investment growth, improvements in health and education outcomes, or developments in labor markets disappoint, or if adverse events materialize. A menu of policy options is available to help reverse the trend of weakening economic growth, including policies to enhance physical and human capital accumulation; to encourage labor force participation by women and older adults; to improve the efficiency of public spending; and to mitigate and adapt to climate change, including infrastructure investment to facilitate the green transition |
| Beschreibung: | 1 Online-Ressource (60 Seiten) |
| DOI: | 10.1596/1813-9450-10355 |
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| 520 | 3 | |a Potential output growth around the world slowed over the past two decades. This slowdown is expected to continue in the remainder of the 2020s: global potential growth is projected to average 2.2 percent per year in 2022-30, 0.4 percentage point below its 2011-21 average. Emerging market and developing economies (EMDEs) will face an even steeper slowdown, of about 1.0 percentage point to 4.0 percent per year on average during 2022-30. The slowdown will be widespread, affecting most EMDEs and countries accounting for 70 percent of global GDP. Global potential growth over the remainder of this decade could be even slower than projected in the baseline scenario-by another 0.2-0.9 percentage point a year-if investment growth, improvements in health and education outcomes, or developments in labor markets disappoint, or if adverse events materialize. A menu of policy options is available to help reverse the trend of weakening economic growth, including policies to enhance physical and human capital accumulation; to encourage labor force participation by women and older adults; to improve the efficiency of public spending; and to mitigate and adapt to climate change, including infrastructure investment to facilitate the green transition | |
| 650 | 4 | |a Emerging Markets | |
| 650 | 4 | |a Growth Expectations | |
| 650 | 4 | |a Human Capital Accumulation | |
| 650 | 4 | |a Labor Force Participation | |
| 650 | 4 | |a Macroeconomics and Economic Growth | |
| 650 | 4 | |a Production Function | |
| 650 | 4 | |a Slow Growth | |
| 650 | 4 | |a Social Development | |
| 700 | 1 | |a Kose, M. Ayhan |e Sonstige |4 oth | |
| 700 | 1 | |a Ohnsorge, Franziska |e Sonstige |4 oth | |
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Datensatz im Suchindex
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| doi_str_mv | 10.1596/1813-9450-10355 |
| format | Electronic eBook |
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| id | DE-604.BV049079231 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T22:27:55Z |
| indexdate | 2024-10-12T04:02:46Z |
| institution | BVB |
| language | English |
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| physical | 1 Online-Ressource (60 Seiten) |
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| publishDate | 2023 |
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| publisher | The World Bank |
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| spellingShingle | Kilic Celik, Sinem Potential Growth Prospects Risks, Rewards, and Policies Emerging Markets Growth Expectations Human Capital Accumulation Labor Force Participation Macroeconomics and Economic Growth Production Function Slow Growth Social Development |
| title | Potential Growth Prospects Risks, Rewards, and Policies |
| title_auth | Potential Growth Prospects Risks, Rewards, and Policies |
| title_exact_search | Potential Growth Prospects Risks, Rewards, and Policies |
| title_exact_search_txtP | Potential Growth Prospects Risks, Rewards, and Policies |
| title_full | Potential Growth Prospects Risks, Rewards, and Policies Sinem Kilic Celik |
| title_fullStr | Potential Growth Prospects Risks, Rewards, and Policies Sinem Kilic Celik |
| title_full_unstemmed | Potential Growth Prospects Risks, Rewards, and Policies Sinem Kilic Celik |
| title_short | Potential Growth Prospects |
| title_sort | potential growth prospects risks rewards and policies |
| title_sub | Risks, Rewards, and Policies |
| topic | Emerging Markets Growth Expectations Human Capital Accumulation Labor Force Participation Macroeconomics and Economic Growth Production Function Slow Growth Social Development |
| topic_facet | Emerging Markets Growth Expectations Human Capital Accumulation Labor Force Participation Macroeconomics and Economic Growth Production Function Slow Growth Social Development |
| url | https://doi.org/10.1596/1813-9450-10355 |
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