1. PROSPECTS FOR THE GLOBAL ECONOMY
SEPTEMBER 20, 2009
PROSPECTS FOR THE GLOBAL ECONOMY BY
Jeffrey E. Garten
Professor, Yale School of Management

2. HOW STRONG IS THE RECOVERY?
V U W L J

3. WHAT ARE LONGER TERM DRIVERS OF GROWTH
WHAT ARE LONGER TERM DRIVERS OF GROWTH? EMERGING MARKETS HOW SIGNIFICANT IN GLOBAL ECONOMY?
Population in 2000 = 6 billion
Population in 2050 = 9 billion
Incremental 3 billion will be almost entirely outside of rich countries
Source: World Bank / UN

4. WHAT ARE LONGER TERM DRIVERS OF GROWTH
WHAT ARE LONGER TERM DRIVERS OF GROWTH? EMERGING MARKETS HOW SIGNIFICANT IN GLOBAL ECONOMY?
In 2000 rich countries = 75% global GDP, rest = 25%
Today 50% of all incremental growth from developing world
In 2050 rich countries = 32% global GDP, rest = 68%
Source: World Bank

5. LONGER TERM DRIVERS OF GROWTH
THE $41 TRILLION INFRASTRUCTURE PICTURE