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World on the Move: Consumption Patterns in a More Equal Global Economy (Policy Analyses in International Economics)

Paolo Mauro, Tomas Hellebrandt




[PDF.xj89] World on the Move: Consumption Patterns in a More Equal Global Economy (Policy Analyses in International Economics)

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 | #1614690 in eBooks |  2016-12-20 |  2016-12-20 | File type: PDF

|| |What will the global economy look like in twenty years? I know of no better guide than World on the Move. Hellebrandt and Mauro combine global growth and demographic projections with evidence from household surveys on individual incomes and consumption-

The world is poised on the threshold of economic changes that will reduce the income gap between the rich and poor on a global scale while reshaping patterns of consumption. Rapid economic growth in emerging-market economies is projected to enable consumers worldwide to spend proportionately less on food and more on transportation, goods, and services, which will in turn strain the global infrastructure and accelerate climate change. The largest gains will be made i...

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