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Global Economic Outlook 2020: Stagnating Growth amid an Uncertain Outlook


November 2019 | Research Report

Overall, we have arrived in a world of stagnating growth. While no widespread global recession has occurred in the last decade, global growth has now dropped below its long-term trend of around 2.7 percent. The fact that global GDP growth has not declined even more in recent years is mainly due to solid consumer spending and strong labor markets in most large economies around the world. In this edition of the Global Economic Outlook, we’ve included regional sections for the US, Asia, and Europe that describe the underlying forces that will shape growth in the short and medium term.



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AUTHORS

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Bart van Ark

Executive Vice President & Global Chief Economist; Program Director, CFO: Fortune 250 Council
The Conference Board

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Abdul Erumban

Senior Research Fellow
The Conference Board
Assistant Professor, Economics
University of Groningen

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Yuan Gao

Senior Economist
China Center for Economics and Business

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Erik Lundh

Senior Economist
The Conference Board

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Ilaria Maselli

Senior Economist
The Conference Board

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Ataman Ozyildirim, PhD

Director, Economic Research, and Global Research Chair
The Conference Board

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Klaas de Vries

Economist
The Conference Board

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Bart van Ark

Executive Vice President & Global Chief Economist; Program Director, CFO: Fortune 250 Council

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Ataman Ozyildirim, PhD

Director, Economic Research, and Global Research Chair

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Abdul Erumban

Senior Research Fellow

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