Global Economic Outlook – Planning for 2021
11 November 2020
08:00 - 10:00
The 2020s will present new and unique challenges for most of the G20 economies. After a decade of sluggish productivity and disappointing economic growth, many governments still ﬁnd themselves with increased debt from the 2008 ﬁnancial crisis – which most had assumed would have been reduced by growth and increased tax revenues by now.
Going into the next decade they face the possibility of another global recession or, at the very least, a continued period of prolonged low growth. UN projections suggest that the rate at which populations are ageing will increase during the next decade in the advanced and the developing economies. This will place greater pressure on public spending and may well lead to skills and labour shortages in some areas.
At a time when you will be thinking about budgets and plans for next year, Chris Giles, The FT’s economics editor, will give us his perspective on how the opening years of the 2020s might look