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Introduction

  • Zoltan J. AcsEmail author
  • László Szerb
  • Erkko Autio
Chapter
Part of the SpringerBriefs in Economics book series (BRIEFSECONOMICS)

Abstract

The world economy is facing important medium- and long-term challenges. Whereas rich countries will be challenged to increase their economic productivity to sustain current standards of living as their populations rapidly age, low-income economies will need to integrate more than two billion young adults into the world economy by 2050. Economic initiatives by enterprising individuals are likely to be key in addressing the challenges of long-term productivity in rich countries, whereas poor countries will continue to struggle to integrate their rapidly growing populations into their economies.

Keywords

World Economy Middle East United Arab Emirate Rich Country Entrepreneurial Ecosystem 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© The Author(s) 2016

Authors and Affiliations

  1. 1.School of Public PolicyGeorge Mason UniversityArlingtonUSA
  2. 2.Faculty of Business and EconomicsUniversity of PécsPecsHungary
  3. 3.Imperial College Business SchoolLondonUK

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