Insight
Q1 2013 Macroeconomics Update: Long term economic growth - rising stars vs falling asteroids
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Report summary
Wood Mackenzie's annual GDP outlook for the world has been downgraded from 2.6% to 2.5% for this year. Deepening recession in Europe and weaker growth in Japan underpins most of this revision. Elsewhere the major economies are unchanged. The US is set for another year of modest growth - forecast at just 2.1%, while we continue to expect China to accelerate to annual GDP growth of 8.4%. In this Insight we summarise the key structural changes in the world's major economies over the next 20,
Table of contents
- Executive Summary
-
Long term economic growth – rising stars vs falling asteroids
- Short term Stabilisation
- China: The Great Rebalance
- Europe: Demographischer Schock
- Japan - What ‘lost decade'?
-
US Oil and Gas Boom - the Yarkovsky effect
- USA Oil, Gas and NGL Production by State (constant 2012 US$ billion)
- Conclusion
Tables and charts
This report includes 13 images and tables including:
- Average annual investment growth in China
- China's GDP Growth to 2030 by component
- Working age population index (2010 = 100)
- Working age population (million)
- Real GDP Growth (Annual %)
- Japanese Inflation/ Deflation (Annual change in prices)
- Japan's Sovereign Debt
- GDP per working age population index (2000=100)
- Real GDP Growth (Annual Average 2012-2030)
- USA Oil, Gas and NGL Revenue in 2030 (constant US$, 2012)
- Q1 2013 Macroeconomics Update: Long term economic growth - rising stars vs falling asteroids: Image 11
- Gas Demand by Sector Based on All Announcements
- Additional gas demand from gas intensive industry
What's included
This report contains:
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