Growth in the New Economy Towards a Blueprint 2026

fastest growth rates, low-income economies are projected to jointly represent only 1% of global growth over the same period. Regionally, Asia is expected to remain the core driver of global growth, contributing more than 50%. Information technology (IT) services, advanced manufacturing, health and healthcare, and accommodation and leisure are expected to be key drivers of growth in the next 5 years. At the lower end of the distribution, sectors such as real estate, electronics, insurance and pensions, and chemicals and materials are less frequently identified as key growth drivers. Demographic shifts and geoeconomic fragmentation are expected to drive increasingly divergent growth trajectories across countries over the next 5 years. Advances in frontier technologies and the acceleration of green and energy transitions are expected to have a positive impact on growth, while higher debt levels, societal polarization and climate change impacts are seen as the main headwinds. Higher energy costs and lack of policy stability are seen as the most common barriers to accelerating growth. Other barriers vary widely across regions and income levels, with skills shortages and rigid regulations cited most frequently in high-income countries, while limited access to finance and a lack of infrastructure are among the key bottlenecks in lower-income countries. Domestic business investment is seen as a key source of growth over the next 5 years, particularly in low- and middle-income countries, while companies in high-income countries expect to rely on exports and foreign demand. Domestic consumption and public spending are expected to have a smaller contribution to growth. Growth in the New Economy: Towards a Blueprint 4