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Global Economic Prospects: Medium Term Projections and Structural Change

P. Bagnoli, Warwick McKibbin () and Peter Wilcoxen

Working Papers from Brookings Institution - Working Papers

Abstract: This paper explores prospects for the world economy to the year 2020 through a series of scenarios based on different assumptions about future changes in the structure of individual economies. It differs from most other medium term studies because we do not assume that each economy's variables (such as output, energy use, resource dipletion or pollution) all grow in proportion to GDP.

Keywords: FORECASTS; INTERNATIONAL ECONOMY; INTERNATIONAL RELATIONS; ECONOMIC GROWTH (search for similar items in EconPapers)
JEL-codes: F01 F02 O40 O41 (search for similar items in EconPapers)
Date: 1996
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