H1 2016 GDP downgrade explained: the big picture

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Report summary

We have downgraded our long term forecasts for global economic growth. China India and the USA account for most of the 8% reduction in global GDP by 2035. But there are significant revisions to most economies. Ageing demographics are a drag on growth in many areas including some major emerging markets. In addition poor progress with structural reform will hinder investment and productivity.

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    H1 2016 GDP downgrade explained - the big picture.pdf

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