Forget the threat of a global recession in 2023, the team at Goldman Sachs is already thinking about global economic growth potential through the year 2075. “It is almost twenty years since we first set out long-term growth projections for the BRICs [Brazil, Russia, India, China, South Africa] economies and a little over ten years since we updated and expanded those projections to cover 70 emerging (EM) and developed (DM) economies,” Goldman’s macroeconomic team explained in a lengthy 45-page… Source link
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