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Monday, March 27, 2023

Fundamental: Global Economy’s “Speed Limit” Set to Fall to Three-Decade Low

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Alert Alert Mar 28, 2023, 12:30am
 
Fundamental: Global Economy's "Speed Limit" Set to Fall to Three-Decade Low
The global economy's "speed limit"—the maximum long-term rate at which it can grow without sparking inflation—is set to slump to a three-decade low by 2030. An ambitious policy push is needed to boost productivity and the labor supply, ramp up investment and trade, and harness the potential of the services sector, a new World Bank report shows. The report, ...
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