This paper develops and applies a simple “conditional growth” framework to make long-term GDP projections for the world economy, taking as a starting point recent empirical evidence about the importance of total factor productivity and human capital in explaining current cross-country...

This paper develops and applies a simple “conditional growth” framework to make long-term GDP projections for the world economy, taking as a starting point recent empirical evidence about the importance of total factor productivity and human capital in explaining current cross-country...

This paper develops and applies a simple "conditional growth" framework to make long-term GDP projections for the world economy, taking as a starting point the recent empirical evidence about the drivers of existing cross-country income disparities. Human capital is projected by cohorts, and...