Looking to 2060: Long-Term Global Growth Prospects: A Going for Growth Report
This report presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to stabilise government-debt-to GDP ratios is compared...
Gespeichert in:
| 1. Verfasser: | |
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| Weitere Verfasser: | , , , , , , |
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2012
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| Schriftenreihe: | OECD Economic Policy Papers
no.3 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This report presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to stabilise government-debt-to GDP ratios is compared with variant scenarios assuming deeper policy reforms. One main finding is that growth of the non-OECD G20 countries will continue to outpace OECD countries, but the difference will narrow substantially over coming decades. In parallel, the next 50 years will see major changes in the composition of the world economy. In the absence of ambitious policy changes, global imbalances will emerge which could undermine growth. However, ambitious fiscal consolidation efforts and deep structural reforms can both raise long-run living standards and reduce the risks of major disruptions to growth by mitigating global imbalances. |
| Beschreibung: | 1 Online-Ressource (31 p.) 21 x 29.7cm. |
| DOI: | 10.1787/5k8zxpjsggf0-en |
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| 520 | |a This report presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to stabilise government-debt-to GDP ratios is compared with variant scenarios assuming deeper policy reforms. One main finding is that growth of the non-OECD G20 countries will continue to outpace OECD countries, but the difference will narrow substantially over coming decades. In parallel, the next 50 years will see major changes in the composition of the world economy. In the absence of ambitious policy changes, global imbalances will emerge which could undermine growth. However, ambitious fiscal consolidation efforts and deep structural reforms can both raise long-run living standards and reduce the risks of major disruptions to growth by mitigating global imbalances. | ||
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| spelling | Johansson, Åsa VerfasserIn aut Looking to 2060: Long-Term Global Growth Prospects A Going for Growth Report Åsa, Johansson ... [et al] = Un regard vers 2060 : Perspectives de croissance globale à long terme / Åsa, Johansson ... [et al] Un regard vers 2060 : Perspectives de croissance globale à long terme Paris OECD Publishing 2012 1 Online-Ressource (31 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economic Policy Papers no.3 This report presents the results from a new model for projecting growth of OECD and major non-OECD economies over the next 50 years as well as imbalances that arise. A baseline scenario assuming gradual structural reform and fiscal consolidation to stabilise government-debt-to GDP ratios is compared with variant scenarios assuming deeper policy reforms. One main finding is that growth of the non-OECD G20 countries will continue to outpace OECD countries, but the difference will narrow substantially over coming decades. In parallel, the next 50 years will see major changes in the composition of the world economy. In the absence of ambitious policy changes, global imbalances will emerge which could undermine growth. However, ambitious fiscal consolidation efforts and deep structural reforms can both raise long-run living standards and reduce the risks of major disruptions to growth by mitigating global imbalances. Economics Guillemette, Yvan MitwirkendeR ctb Murtin, Fabrice MitwirkendeR ctb Turner, David MitwirkendeR ctb Nicoletti, Giuseppe MitwirkendeR ctb de la Maisonneuve, Christine MitwirkendeR ctb Bousquet, Guillaume MitwirkendeR ctb Spinelli, Francesca MitwirkendeR ctb Parallele Sprachausgabe Französisch Horizon 2060 : Perspectives de croissance économique globale à long terme : Un rapport "Objectif croissance" FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/5k8zxpjsggf0-en Volltext |
| spellingShingle | Johansson, Åsa Looking to 2060: Long-Term Global Growth Prospects A Going for Growth Report Economics |
| title | Looking to 2060: Long-Term Global Growth Prospects A Going for Growth Report |
| title_alt | Un regard vers 2060 : Perspectives de croissance globale à long terme |
| title_auth | Looking to 2060: Long-Term Global Growth Prospects A Going for Growth Report |
| title_exact_search | Looking to 2060: Long-Term Global Growth Prospects A Going for Growth Report |
| title_full | Looking to 2060: Long-Term Global Growth Prospects A Going for Growth Report Åsa, Johansson ... [et al] = Un regard vers 2060 : Perspectives de croissance globale à long terme / Åsa, Johansson ... [et al] |
| title_fullStr | Looking to 2060: Long-Term Global Growth Prospects A Going for Growth Report Åsa, Johansson ... [et al] = Un regard vers 2060 : Perspectives de croissance globale à long terme / Åsa, Johansson ... [et al] |
| title_full_unstemmed | Looking to 2060: Long-Term Global Growth Prospects A Going for Growth Report Åsa, Johansson ... [et al] = Un regard vers 2060 : Perspectives de croissance globale à long terme / Åsa, Johansson ... [et al] |
| title_short | Looking to 2060: Long-Term Global Growth Prospects |
| title_sort | looking to 2060 long term global growth prospects a going for growth report |
| title_sub | A Going for Growth Report |
| topic | Economics |
| topic_facet | Economics |
| url | https://doi.org/10.1787/5k8zxpjsggf0-en |
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