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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

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

Population trends pose development challenges

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INT

Just 2% of global population gain in 2016-40 will be in advanced countries; 56% will be in Africa and the Middle East

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

Stimulating skills is key to emerging markets growth

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INT

Human capital will become as key to low-to-mid-income countries as it is for high-income ones

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

The job dislocation of COVID-19 will reduce global GDP

Location:

INTERNATIONAL

The more jobs that are lost worldwide this year, the more disjointed the economic recovery will initially be

Taxing capital over income and spending needs momentum

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INT

Wealth is more unequal than income; tackling property prices and tax is more crucial for some nations than others

Official aid is under pressure; private aid is growing

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INT

Large US budget cuts risk squeezing public foreign aid, but more private co-funding may fill some of the gap

Risk and Opportunities, 2018, Part 3

Location:

INT

Risks mostly ignored by investors in 2017 will move front-of-mind in 2018