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Globalisation and Linkages: Macro-Structural Challenges and Opportunities

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  • Pete Richardson

Abstract

This paper was prepared in the OECD Economics Department as a contribution to the Organisation-wide study entitled, “Towards a New Global Age”. It examines macro-structural economic developments in and between OECD and non-OECD economies, the economic linkages and a number of structural factors and policies which have influenced growth performance. It goes on to consider a number of alternative forward-looking macroeconomic scenarios to 2020 for the world economy based on different hypotheses about economic policies and other factors influencing factor productivity developments. A final section provides a model-based evaluation of the potential influence of some of the key factors underlying these scenarios, in particular the influence of demographic changes such as population ageing and alternative fiscal policies ... Ce document a été élaboré par des membres du Département des Affaires économiques de l’OCDE, en tant que contribution à une large étude de l’Organisation intitulée, “Vers une nouvelle ère mondiale”. On y étudie les évolutions macro-structurelles, au sein et entre les économies de l’OCDE et les économies non membres, ainsi que les inter-relations économiques et qu’un certain nombre de facteurs structurels et de politiques économiques ayant eu une influence sur la croissance. Ensuite cette étude prend en compte un certain nombre de scénarios macroéconomiques prospectifs de l’économie mondiale, à l’horizon de l’an 2020, fondés sur différentes hypothèses de politiques économiques et d’autres éléments influençant l’évolution de la productivité des facteurs. Dans une dernière section on donne, à partir d’un modèle, une évaluation de l’influence potentielle de certains éléments clés à la base de ces scénarios, particulièrement les incidences de changements démographiques tels que le ...

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File URL: http://dx.doi.org/10.1787/807377186466
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Bibliographic Info

Paper provided by OECD Publishing in its series OECD Economics Department Working Papers with number 181.

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Date of creation: 1997
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Handle: RePEc:oec:ecoaaa:181-en

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Cited by:
  1. Kieran Mc Morrow & Werner R�ger, 2003. "Economic and financial market consequences of ageing populations," European Economy - Economic Papers 182, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission.
  2. C�cile Denis & Kieran Mc Morrow & Werner R�ger, 2006. "Globalisation : trends, issues and macro implications for the EU," European Economy - Economic Papers 254, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission.

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