Long-term projections and prospects for economic growth

Economic growth is a major objective of modern society. It is on the opportunities for economic growth that countries depend, ultimately, on Its level of economic development, competitiveness, indicators of life of the population, positions in the world. The purpose of the study is to analyze and compare authoritative forecasts about the development prospects of the leading countries of the world in the period up to 2050. The study is based on forecasts and analytical materials of the World Bank, International Monetary Fund, Centre for Economic and Business Research, Organisation for Economic Co-operation and Development, international banking group Standard Chartered Bank (SCB), an international network of companies offering consulting and auditing services to PricewaterhouseCoopers (PwC). It is concluded that the long-term low level of economic activity in the world economy can become an insurmountable obstacle to the successful solution of the problem of overcoming poverty and creating jobs.