Issue Entrenchment of structurally low global growth

Summary

The third global issue is the risk that global growth becomes stuck at a low level. The world economy is expected to remain in the low 3 percent range, and slow growth may harden into a structural feature. US trade pressure and geopolitical conflict are expected to push investment uncertainty to a peak. To respond, the report says nations need strategies to secure new growth engines through new AI technologies, new markets and stronger resource diplomacy. It proposes expanding research budgets for advanced materials and components and concentrating fiscal resources on future growth axes such as AI and climate change.