The World Bank sees a long-term shortfall in global economic growth

3.1%

The World Bank says the global economy is in the midst of a “broad-based cyclical upturn,” set to grow 3.1% in 2018 and keep that pace until 2020. But there are big problems on the horizon.

Published   |  Photo by Reuters/Gary Wiepert
3.1%

3.1%

But there has been a slowdown in “potential growth”—a measure of how fast an economy can expand at full employment—due to years of meager productivity growth, weak investment, and aging workforces.

3.1%

For now, though, every major region of the world is growing, fueled by increases in investment, production, and trade.

3.1%

Asia should see the fastest growth over the next few years, with Easy Asia growing by 6.2% in 2018 and South Asia by 6.9%.

3.1%

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