Global Economy in 2030

Long-standing economic trends that were disrupted by the global financial crisis can no longer be counted on as a reliable guide for understanding and charting the future. To provide a more accurate analysis of the likely course of worldwide financial developments, this volume concentrates on a set of critical economic factors and offers a description of the possible evolution of their reach and scope. The Global Economy in 2030 is the result of a collaborative effort of CEPS, the Centre International de Recherches et d'Etudes Monetaires, the Institute of Studies for the Integration of Systems, and Societe Europeenne d'Economie. Contents: Executive Summary: Part I. Global Drivers of Growth; Population and Human Capital; Capital and Capital Markets; Globalization; Technology and Innovation; Natural Resources: Energy and Metals; Part II: Economic Growth and Prosperity in 20307. The State of the Global Economy in 20308. The Impact of Growth on Affluence and Poverty; The Impact of Growth on Climate Change; Part III: The EU's Transition Towards 203010.The Outcome of the Nemesis Model: Introduction; Europe as Whole; A More Detailed Approach; The Consequence of Higher Productivity Gains; Conclusions; Part IV: Policy Challenges and Game Changers for the EU; A Smaller EU in the World Economy; Facing an Ageing World; The EU Needs to Focus Its Trade Policy; Centrifugal Forces in Europe; Climate Change Challenge; Demographic Cooling Down in the Euro-Mediterranean; Is the World Economy Becoming Less Democratic?; A Global Game Changer from China; The Economic Emergence of Sub-Saharan Africa; and Hydraulic Fracking.

Daniel Gros is the director of the Centre for European Policy Studies (CEPS). Cinzia Alcidi is LUISS Fellow at CEPS in Brussels.

Long-standing economic trends that were disrupted by the global financial crisis can no longer be counted on as a reliable guide for understanding and charting the future. To provide a more accurate analysis of the likely course of worldwide financial developments, this volume concentrates on a set of critical economic factors and offers a description of the possible evolution of their reach and scope. The Global Economy in 2030 is the result of a collaborative effort of CEPS, the Centre International de Recherches et d'Etudes Monetaires, the Institute of Studies for the Integration of Systems, and Societe Europeenne d'Economie. Contents: Executive Summary: Part I. Global Drivers of Growth; Population and Human Capital; Capital and Capital Markets; Globalization; Technology and Innovation; Natural Resources: Energy and Metals; Part II: Economic Growth and Prosperity in 20307. The State of the Global Economy in 20308. The Impact of Growth on Affluence and Poverty; The Impact of Growth on Climate Change; Part III: The EU's Transition Towards 203010.The Outcome of the Nemesis Model: Introduction; Europe as Whole; A More Detailed Approach; The Consequence of Higher Productivity Gains; Conclusions; Part IV: Policy Challenges and Game Changers for the EU; A Smaller EU in the World Economy; Facing an Ageing World; The EU Needs to Focus Its Trade Policy; Centrifugal Forces in Europe; Climate Change Challenge; Demographic Cooling Down in the Euro-Mediterranean; Is the World Economy Becoming Less Democratic?; A Global Game Changer from China; The Economic Emergence of Sub-Saharan Africa; and Hydraulic Fracking.

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