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...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222