Some Strategists Say Get Ready for ‘Peak Decade’ in World Economy

  • Date: 20-Jan-2020
  • Source: Business Live ME
  • Sector:Economy
  • Country:Middle East
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Some Strategists Say Get Ready for ‘Peak Decade’ in World Economy

Home Economy Strategists Say Get Ready for 'Peak Decade' in World Economy. Ian Bremmer, a delegate at the World Economy Forum's annual meeting and founder of Eurasia Group, describes this year as a "tipping point.". Participants will also discuss the future of globalization and whether central banks are out of ammunition.. The era of people, goods and money flowing increasingly unchecked around the world may have past its high point as governments pursue protectionism and erect more obstacles to migration.. The World Trade Organization calculates the pace of growth in international commerce fell below the rate of economic expansion in 2019 for the fifth time since the financial crisis.. Away from Beijing, Trump is also seeking to remodel the World Trade Organization and potentially clamp down on European auto exports.. When making investment decisions, 87% of those born between 1981 and 1996 believe environmental, social and governance factors are important, according to Bank of America.. Abhijit Banerjee and Esther Duflo, last year's winners of the Nobel Prize for economics, estimate the average income of the world's bottom 50% of earners also almost doubled since 1980.. There are now more seniors than children in the world