Growth in the New Economy Towards a Blueprint 2026

NO-REGRET MOVES – Focus on productivity growth – Invest in human capitalTechnology, productivity and human capital DILEMMAS – Competition vs cooperation to drive technology and growth – Mobility- vs redistribution-based approaches to ensure fairness NO-REGRET MOVES – Reinforce the fundamentals of economic policy – Nurture multistakeholder alignmentBusiness environment and the role of government DILEMMAS – “Small” vs “bold” government approaches to drive growth – Fiscal prudence vs financial repression to manage rising debts NO-REGRET MOVES – Focus on the economic and societal synergies in green transition strategiesSustainability and economic policy DILEMMAS – Cost-led vs investment-led green transition strategiesNO-REGRET MOVES – Seek comparative advantages and diversificationGlobal cooperation and domestic capacity DILEMMAS – Self-reliance vs global integration to navigate geoeconomic competitionEnabling growth in the new economy2 The winners in the new economy will be those who understand competing threats and opportunities and build agile growth pathways. Note: Around each dilemma, this report presents a binary choice for simplicity. However, these choices should be interpreted as a range – effective policy-making often combines elements of both ideas.Growth in the new economy: “no-regret” moves and dilemmas FIGURE 1 7 Growth in the New Economy: Towards a Blueprint