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In this article

• The bear's case
• Fading 'third industrial' revolution
• Permanent headwinds
• Missing elements
• Reasons for optimism
• Uneven productivity declines
• 'Green industrial revolution'
• Emerging market catch up
• Limitations of GDP metric
• Reasons for pessimism
• The trouble with long-term projections

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.