Report
How should future growth globally and in the major regions be estimated?
We try to estimate potential growth in the United States, the euro zone, France, Japan, China, emerging countries excluding China and the world. This estimate has to begin with : Demographics, i.e. the working-age population and the trend in its participation rate; Productivity gains and the effort to invest and modernise among companies and to improve labour force skills, which can increase productivity gains ; and the ageing of the labour force, which can reduce them. This points to potential growth during the decade of the 2020s of: 2.2% per year in the United States ; 0.8% per year in the euro zone; 1.1% per year in France; 0.2% per year in Japan; 3.9% per year in China; 2.7% per year in emerging countries excluding China; 2.4% per year for the world.
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Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
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