Long-term macroeconomic forecast: Key trends to 2050

The report forecasts global economic trends up to 2050, highlighting the rise of Asia and demographic shifts impacting growth.

(Generated with the help of GPT-4)

Quick Facts
Report location: source
Language: English
Publisher:

EIU (The Economist Intelligence Unit)

Authors: Eiu (the Economist Intelligence Unit)
Time horizon: 2050
Geographic focus: Global, Asia, United States, China, India, Indonesia, Japan, Germany, United Kingdom, France, Brazil, Mexico, Italy, Russia

Methods

The research method involves a supply-side framework to project long-term economic growth, considering factors like workforce education, trade openness, institutional quality, fiscal policy, regulation, demographic changes, and the potential for technological catch-up.

(Generated with the help of GPT-4)

Key Insights

The Economist Intelligence Unit report provides long-term macroeconomic forecasts up to 2050 for 82 economies, focusing on the rise of Asian economies, demographic changes, and the shift in global economic power. It projects that China will surpass the US in GDP by 2026, with India also climbing the ranks. The report discusses the impact of aging populations on growth and the importance of policy adaptation to maintain economic momentum.

(Generated with the help of GPT-4)

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