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Global Economic Prospects: Medium Term Projections and Structural Change

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Author Info

  • Bagnoli, P.
  • McKibbin, W.J.
  • Wilcoxen, P.J.

Abstract

This paper explores prospects for the world economy to the year 2020 through a series of scenarios based on different assumptions about future changes in the structure of individual economies. It differs from most other medium term studies because we do not assume that each economy's variables (such as output, energy use, resource dipletion or pollution) all grow in proportion to GDP.

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Bibliographic Info

Paper provided by Brookings Institution - Working Papers in its series Papers with number 121.

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Length: 46 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:fth:brooki:121

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Postal: THE BROOKINGS INSTITUTION, 1775 MASSACHUSETTS AVE N.W. WASHINGTON D.C. 20036 U.S.A.
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Web page: http://www.brook.edu/
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Related research

Keywords: FORECASTS; INTERNATIONAL ECONOMY; INTERNATIONAL RELATIONS; ECONOMIC GROWTH;

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Cited by:
  1. Warwick J. McKibbin & Peter J. Wilcoxen, 2003. "Estimates of the Costs of Kyoto-Marrakesh versus the McKibbin-Wilcoxen Blueprint," Economics and Environment Network Working Papers 0305, Australian National University, Economics and Environment Network.
  2. Noy, Ilan & Vu, Tam B., 2007. "Capital account liberalization and foreign direct investment," The North American Journal of Economics and Finance, Elsevier, vol. 18(2), pages 175-194, August.
  3. McKibbin, Warwick J., 1998. "Greenhouse abatement policy: insights from the G-cubed multi-country model," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 42(1), March.

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