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World growth over 3% in 2020 rests on emerging markets

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INT

Around 60% of 2019 global GDP is set to come from emerging markets, and as much as 66% by 2024, but many are fragile

Budget and climate pressures affect the growth outlook

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INT

OECD economies will be under increasing strain to decarbonise while also keeping their budget balances sustainable

Coronavirus will hit tourism-driven economies’ growth

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INT

Outbound Chinese tourists totalled 150 million in 2018, up from 10 million in 2000, and they spent 277 billion dollars

Demographic trends will shape economic prospects

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INT

Transforming the world economy by 2040, working-age population growth will come almost entirely from lower-income states

Social cohesion is vital to promote long-run growth

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INT

Strong social and human capital can offset costs such as technologically stranded workers

Geoeconomic fragmentation will reduce long-term growth

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INT

Several studies estimate the global cost of geoeconomic confrontation, which is newly in the top three WEF global risks

Gender friendly business and law policies need impetus

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INTERNATIONAL

Gender equality is a Sustainable Development Goal, but most countries lag regardless of income and political stability

The scope to increase global productivity is immense

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INT

Global growth is picking up, but the lack of structural reform from 2007-17 is holding back countries across the world

Inclusion and privacy policies may lag cashless growth

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INTERNATIONAL

Cashless spending is surging, giving customers and traders more flexibility and reducing ‘organisational’ costs

Worker shortages and skills mismatches will hit growth

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INT

High youth unemployment and rising worker retirements are straining labour markets and productivity