Latest releases of new datasets and data updates from different sources around the world
Our Insights blog presents deep data-driven analysis and visual content on important global issues from the expert data team at Knoema.Learn more
Quick data summaries and visualizations on trending industry, political, and socioeconomic topics from Knoema’s database.China: Is Pork a Barrier to Economic Stimulus? US Purchasing Managers Index Falls Below 50, Signals Contraction US Agricultural Exports to China Falling, Farmers Seek New Markets Learn more
Leverage our AI Workflow Tools and online data environment to manipulate, visualize, present, and export data.
Published by source: 01 April 2015
Expected next release: 20 February 2020
This chapter finds that potential output growth across advanced and emerging market economies has declined in recent years. In advanced economies, this decline started as far back as the early 2000s and worsened with the global financial crisis. In emerging market economies, in contrast, it began only after the crisis. The chapter’s analysis suggests that potential output growth in advanced economies is likely to increase slightly from current rates as some crisis-related effects wear off, but to remain below precrisis rates in the medium term. The main reasons are aging populations and the gradual increase in capital growth from current rates as output and investment recover from the crisis. In contrast, in emerging market economies, potential output growth is expected to decline further, owing to aging populations, weaker investment, and lower total factor productivity growth as these economies catch up to the technological frontier.