StraightTalk® Global Economic Outlook 2016: Quality over Quantity: How Business Can Generate Sustainable Growth in a slow Global Economy

It is tempting to treat the current medium-growth environment as a “new normal.” However, the variation and divergence in fortunes and perils across economies is enormous. It is critical for businesses not to apply blanket strategies but instead to consider each region individually, carefully noting the balance of four main growth drivers: (1) labor supply growth in the medium term; (2) opportunities for innovation and digital growth; (3) conditions for productivity and competitiveness improvement; and (4) remaining potential for catch-up growth in emerging markets.