Global growth

The world needs a new economic growth model

The sustainability of global economic growth comes up for discussion at a conference hosted by the University of Southern California.

The growing scarcity of the world’s natural resources is an obvious concern for China, India and other developing nations with fast-growing populations, triggering debate about how best to sustain economic development.

The World Bank has projected that demand for food will rise by 50% by 2030, while growth in average productivity will continue to fall, after dropping to 1.1% between 1990 to 2007, from 2% between 1970 and 1990. Global food production also lagged behind consumption in seven of the eight years between 2000 and 2008. This is of particular concern in much of the developing world.

“If Chinese begin eating chicken, the world is going to...

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