The Global Economy in 2030: Trends and Strategies for Europe

Long-standing economic trends that were disrupted by the global financial crisis can no longer be counted on as a reliable guide for understanding and charting the future. To provide a more accurate analysis of the likely course of worldwide financial developments, this volume concentrates on a set of critical economic factors and offers a description of the possible evolution of their reach and scope. The Global Economy in 2030 is the result of a collaborative effort of CEPS, the Centre International de Recherches et d'Etudes Monétaires, the Institute of Studies for the Integration of Systems, and Société Européenne d'Economie.Contents1. Executive SummaryPart I. Global Drivers of Growth2. Population and Human Capital3. Capital and Capital Markets4. Globalization5. Technology and Innovation6. Natural Resources: Energy and MetalsPart II. Economic Growth and Prosperity in 20307. The State of the Global Economy in 20308. The Impact of Growth on Affluence and Poverty9. The Impact of Growth on Climate ChangePart III. The EU's Transition Towards 203010. The Outcome of the Nemesis Model: Introduction11. Europe as Whole12. A More Detailed Approach13. The Consequence of Higher Productivity Gains14. ConclusionsPart IV. Policy Challenges and Game Changers for the EU15. A Smaller EU in the World Economy16. Facing an Ageing World17. The EU Needs to Focus Its Trade Policy18. Centrifugal Forces in Europe19. Climate Change Challenge20. Demographic Cooling Down in the Euro-Mediterranean21. Is the World Economy Becoming Less Democratic?22. A Global Game Changer from China23. The Economic Emergence of Sub-Saharan Africa24. Hydraulic Fracking