Eurozone economy could catch up in the long term: OECD forecast.
According to a report from www.boerse.de, the euro area economy could catch up somewhat according to a long-term forecast from the OECD. Productivity could increase by 2060, but the distance to leading countries remains. According to the forecast, the increase in per capita gross domestic product in Germany could increase slightly by 2040 and remain at this level until 2060, which will be driven primarily by higher productivity. This forecast could have an impact on the market and the financial industry. If productivity actually increases, this could lead to higher economic growth, which could have a positive impact on stock prices and investments. In addition, a higher...

Eurozone economy could catch up in the long term: OECD forecast.
According to a report by www.boerse.de, according to a long-term forecast from the OECD, the euro area economy could catch up somewhat. Productivity could increase by 2060, but the distance to leading countries remains. According to the forecast, the increase in per capita gross domestic product in Germany could increase slightly by 2040 and remain at this level until 2060, which will be driven primarily by higher productivity.
This forecast could have an impact on the market and the financial industry. If productivity actually increases, this could lead to higher economic growth, which could have a positive impact on stock prices and investments. In addition, higher productivity could reduce the pressure from the aging population and increase economic performance.
The forecast for the entire OECD and G20 region sees gross domestic product growing more slowly. This could potentially lead to a lower willingness to invest in these markets.
Furthermore, in its forecast, the OECD looked at a scenario in which states significantly increase their climate efforts from 2026. In this scenario, which assumes fairly high carbon taxes, Germany would have around three percent less economic output by 2050 than in the base scenario. This could impact companies that rely heavily on fossil fuels and lead to adjustments in their business models.
Overall, these forecasts and scenarios could have a significant impact on the financial market and the financial industry. It is important that financial professionals prepare for possible changes and develop investment strategies accordingly. The forecasts mentioned are long-term and could influence the long-term planning of investors and companies.
Read the source article at www.boerse.de