The global economy is in the midst of a decade long slow growth environment characterized by an imminent productivity growth crisis. The looming labor shortage in mature economies and skill deficiencies in emerging markets will add further challenges to global economic prospects. Global growth lacks demand drivers and potential output is likely shrinking while uncertainty is increasing. What is the growth outlook for major economies and core regions in 2019 and beyond? The Conference Board Global Economic Outlook will examine the role of increasing uncertainty and risk factors for investment and growth in the medium and longer term in different parts of the world.
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