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Social cohesion is vital to promote long-run growth

Location:

INT

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

Investing in people is key to a sustainable recovery

Location:

INT

The pandemic has damaged human and social capital; both are key to economic prospects but under-recorded in GDP accounts

Demographic trends will shape economic prospects

Location:

INT

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

Emerging markets growing old faster than growing rich

Location:

INT

Emerging markets are ageing at lower incomes than advanced markets, a policy challenge that will influence GDP prospects

Worker shortages and skills mismatches will hit growth

Location:

INT

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

Joblessness will rise as job-save policies are unwound

Location:

INT

Policies have reduced the damage COVID-19 has done to Western job markets but these temporary schemes have to be unwound

Deaths of despair could hinder the economic recovery

Location:

INT

Social isolation and economic uncertainties arising from COVID-19 lockdowns could prompt many more deaths of despair