1、Trends,Expectations,and PoliciesFalling Long-TermGrowth ProspectsEdited by M.Ayhan Koseand Franziska OhnsorgeAdvance Edition This book presents a sobering analysis of the secular growth slowdown based on the most comprehensive database of potential growth estimates available to date.With nearly all

2、the forces that have driven growth and prosperity in recent decades now weakened,the book argues that a prolonged period of weakness is underway,with serious implications for emerging market and developing economies.The authors call for bold policy actions at both the national and global levels to l

3、ift growth prospects.The book is essential reading for policy makers,economists,and anyone concerned about the future of the global economy.Beatrice Weder di Mauro Professor of International Economics,Geneva Graduate Institute,and President of the Centre for Economic Policy Research(CEPR)A terrific

4、book that couldnt be published at a better time.As economic growth is in the midst of a sustained slowdown across regions,there is an urgent need for understanding the factors behind these developments and for identifying policy solutions.This volume tremendously delivers on both fronts and more as

5、it also introduces a comprehensive global database on potential growth that will facilitate much needed research in this area.Undoubtedly,the books insightful analysis and policy recommendations will be a useful tool for policy makers around the world for years to come.A tour de force that is a must

6、 read!Liliana Rojas-Suarez Director of the Latin America Initiative and Senior Fellow,Center for Global Development(CGD)Economic policy making is becoming increasingly complicated in the 2020s.In addition to tackling traditional tradeoffs in aggregate demand management and improving efficiency on th