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

dc.contributor.author Kose, M. Ayhan (ed.)
dc.contributor.author Ohnsorge, Franziska (ed.)
dc.date.accessioned 2023-03-09T17:32:44Z
dc.date.available 2023-03-09T17:32:44Z
dc.date.issued 2023-03-27
dc.description.abstract A structural growth slowdown is underway across the world: at current trends, the global potential growth rate 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, not only because of a series of shocks to the global economy over the past three years. A persistent and broad-based decline in long-term growth prospects imperils the ability of emerging market and developing economies to combat poverty, tackle climate change, and meet other key development objectives. These challenges call for an ambitious policy response at the national and global levels. This book presents the first detailed analysis of the growth slowdown and a rich menu of policy options to deliver better growth outcomes.
dc.identifier.uri https://openknowledge.worldbank.org/handle/10986/39497
dc.publisher World Bank : Washington, DC
dc.rights CC BY 3.0 IGO
dc.rights.uri https://creativecommons.org/licenses/by/3.0/igo/
dc.subject STRUCTURAL GROWTH
dc.subject GROWTH PROSPECTS
dc.subject DEVELOPING ECONOMIES
dc.subject POVERTY
dc.subject POLICIES
dc.title Falling Long-Term Growth Prospects en
dc.title.subtitle Trends, Expectations, and Policies
dspace.entity.type Publication
okr.crossref.title Falling Long-Term Growth Prospects: Trends, Expectations, and Policies
okr.date.disclosure 2023
okr.language.supported en
okr.region.geographical World
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