The future ain’t what it used to be: Growth models, structural change, and history

In this paper I focus only on medium- to long-term trends for economic growth, considering first the global historical experience and discussing then projections for future growth utilized in some important exercises of prospective. A conclusion is that many projections suggest further acceleration...

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Autor principal: Díaz-Bonilla, Eugenio
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2016
Materias:
Acceso en línea:https://hdl.handle.net/10568/148431
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author Díaz-Bonilla, Eugenio
author_browse Díaz-Bonilla, Eugenio
author_facet Díaz-Bonilla, Eugenio
author_sort Díaz-Bonilla, Eugenio
collection Repository of Agricultural Research Outputs (CGSpace)
description In this paper I focus only on medium- to long-term trends for economic growth, considering first the global historical experience and discussing then projections for future growth utilized in some important exercises of prospective. A conclusion is that many projections suggest further acceleration of world economic growth at levels that do not seem to be in line with historical experience. This paper then speculates about possible reasons for that discrepancy.
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spelling CGSpace1484312025-11-06T07:47:04Z The future ain’t what it used to be: Growth models, structural change, and history Díaz-Bonilla, Eugenio forecasting economic growth modelling macroeconomics trade demography infrastructure economic indicators poverty In this paper I focus only on medium- to long-term trends for economic growth, considering first the global historical experience and discussing then projections for future growth utilized in some important exercises of prospective. A conclusion is that many projections suggest further acceleration of world economic growth at levels that do not seem to be in line with historical experience. This paper then speculates about possible reasons for that discrepancy. 2016-04-18 2024-06-21T09:24:40Z 2024-06-21T09:24:40Z Working Paper https://hdl.handle.net/10568/148431 en https://hdl.handle.net/10568/146731 Open Access application/pdf International Food Policy Research Institute Díaz-Bonilla, Eugenio. The future ain’t what it used to be: Growth models, structural change, and history. 2016. MTID Working Paper. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/148431
spellingShingle forecasting
economic growth
modelling
macroeconomics
trade
demography
infrastructure
economic indicators
poverty
Díaz-Bonilla, Eugenio
The future ain’t what it used to be: Growth models, structural change, and history
title The future ain’t what it used to be: Growth models, structural change, and history
title_full The future ain’t what it used to be: Growth models, structural change, and history
title_fullStr The future ain’t what it used to be: Growth models, structural change, and history
title_full_unstemmed The future ain’t what it used to be: Growth models, structural change, and history
title_short The future ain’t what it used to be: Growth models, structural change, and history
title_sort future ain t what it used to be growth models structural change and history
topic forecasting
economic growth
modelling
macroeconomics
trade
demography
infrastructure
economic indicators
poverty
url https://hdl.handle.net/10568/148431
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