Title page
Contents
ACKNOWLEDGMENTS 2
INTRODUCTION 3
THE GLOBAL SLOWDOWN: AN OVERVIEW 4
REVITALIZING GLOBAL GROWTH: SOME COORDINATED POLICY RESPONSES 9
REVITALIZING GLOBAL GROWTH: WHY AFRICA MATTERS? 15
CONCLUSION 21
Table 1. Lack of Access to Basic Infrastructure (2021) 21
Figure 1. World GDP Growth Rate (Five-year Moving Average, 2000-2021) 4
Figure 2. World GDP per Capita Growth Rate (Five-year Moving Average, 2000-2021) 5
Figure 3. Population 65+ as Percentage of Total Population 6
Figure 4. Average Public Debt-to-GDP Ratio 6
Figure 5. Food Price Index 7
Figure 6. Energy Price Index 7
Figure 7. Growth Rate of Share of Trade in Global GDP (Five-year Moving Average, 1990-2021) 8
Figure 8. Frequency of Climate-Related Disasters (Annual recorded events in the Emergency Events Databse) 8
Figure 9. Labor Force Participation Rate 9
Figure 10. Youth Labor Force Participation Rate 10
Figure 11. Global Infrastructure Investment Gap (Amount Needed to Achieve SDGs, 2023-2040) 10
Figure 12. Trade as Share of World GDP 13
Figure 13. CO₂ Emissions per Capita (Metric Tons (2019)) 14
Figure 14. CO₂ Emissions per Capita by Income Level (Metric Tons (2019)) 14
Figure 15. Population 65+ as Percentage of Total Population 15
Figure 16. Age Breakdown of Population 16
Figure 17. Access to Electricity (Share of Population by Continent) 18