Economic Growth and Risks Over the Next Decade
The Conference Board expects global growth to slow to 2.5%, well below the 3.3% average prior to the pandemic. Declining contributions from labor and capital are mainly responsible for the downward trend. But new technologies, investment in people, and high productivity could improve growth. What should leaders know about operating in this environment? In this episode, Dana Peterson, Chief Economist and Leader of the Economy, Strategy & Finance Center, joins Steve Odland, President and CEO, both of The Conference Board, to discuss the outlook and economic conditions around the globe.
Tune in to find out:
· What are the upsides and downsides to the outlook over the next decade?
· How are the three inputs to the global economy—labor, capital, and productivity—shifting and impacting growth? What will this “mix” look like in the decade ahead?
· What trends are on the horizon—globally and within regions?
· Which economies will drive growth over the next decade?
· How might the Israel-Hamas war effect the MENA region economy, and consequently, the rest of the world?
For more Trusted Insights for What’s Ahead™:
· Read: Global Economic Outlook 2024 to 2036
· Read: Economic Forecast for the US Economy
· Visit: The Global Recession Hub: Navigating the Economic Storm (continuously updated)
· Visit: Data Central for forecasts and long-term projections
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