Prepare developed democracies for long-run economic slowdowns
Abstract
Developed democracies proliferated over the past two centuries during an unprecedented era of economic growth, which may be ending. Macroeconomic forecasts predict slowing growth throughout the twenty-first century for structural reasons such as ageing populations, shifts from goods to services, slowing innovation, and debt. Long-run effects of COVID-19 and climate change could further slow growth. Some sustainability scientists assert that...
Paper Details
Title
Prepare developed democracies for long-run economic slowdowns
Published Date
Nov 18, 2021
Journal
Volume
5
Issue
12
Pages
1608 - 1621
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Notes
History