The Path to 2075 — Slower Global Growth, But Convergence Remains Intact

Two decades since Goldman Sachs Research first set out long-term growth projections for the BRICs economies, GS Research economists update and expand those projections to cover 104 countries out to 2075. They identify four major themes for the global economy: 1. slower global potential growth, led by weaker population growth, 2. EM convergence remains intact, led by Asia’s powerhouses, 3. a decade of US exceptionalism that is unlikely to be repeated, and 4. less global inequality and more local inequality.