Responsible Growth to 2050

Kirk Hamilton and Ian Johnson

World Economics, 2004, vol. 5, issue 4, 33-51

Abstract: At plausible rates of growth in population and income per capita, world GDP in 2050 could be four times what it is today. This paper considers the benefits this growth can provide, the risks that it presents, and the building blocks required to achieve it. The authors argue that “business as usual†risks unsustainable outcomes. The alternative—responsible growth that sustains environments and supports social development—requires long term thinking if it is to be achieved. Dealing with near-term inequality, improving governance in developing countries, and providing global public goods, particularly vaccine development for tropical diseases and tropical agricultural research, will be key to attaining the prosperous future the authors envision.

Date: 2004
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldeconomics.com/Journal/Papers/Article.details?ID=191 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wej:wldecn:191

Access Statistics for this article

More articles in World Economics from World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE
Bibliographic data for series maintained by Ed Jones ().