Global economic growth projected to slow in 2026
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Our annual global real GDP growth projections for 2025-27 are broadly unchanged in September’s update, but this masks divergent national revisions.
Michael Pettis Sure. It’s a growth model that you can trace it way back to the so-called American system of the 1830s and onwards. The more recent version of that model, the sort of high-savings, high-investment model that you can argue was actually developed in the Soviet Union and in Germany in the 1930s.
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