<p>I don't think there is a consensus about this. In 1980s and 1990s, growth theorists have tried to endogeneize the technological progress in growth models, that shows a "balanced growth path" (in which economy grows at a constant rate in long distance.) So, we can say that economists don't want a decrease in GDP.</p>

<p>But note that there are some people who support the idea of "degrowth". You can find a definition on <a href="https://en.wikipedia.org/wiki/Degrowth" rel="nofollow">Wikipedia</a>.</p>

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2015-07-13T19:47:18.757Z
2015-07-13T19:53:18.700Z
2015-07-13T19:53:18.700Z
optimal control
<p>From 60's to 70's, the real GDP growth per capita of the world fluctuated about 3%. Since then, it fluctuated about 1.8% or somewhere around. (I mean, the average would be about 1.8% since 1970.) I  found this trend from the data provided by Google public data. Is there a consensus among economists that the real GDP growth per capita of the world will be stable or gradually decrease in the future?    </p>

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2015-07-13T21:25:22.707Z
No consensus. See Bob Gordon, http://www.nber.org/papers/w18315 , and his critics (many reviews of Gordon's works online).
Anton Tarasenko
<gdp>
Estimation of the future growth of real GDP per capita of the world
Math.StackExchange
# Estimation of the future growth of real GDP per capita of the world

(Asked by: username_0 on 2015-07-13)

From 60's to 70's, the real GDP growth per capita of the world fluctuated about 3%. Since then, it fluctuated about 1.8% or somewhere around. (I mean, the average would be about 1.8% since 1970.) I found this trend from the data provided by Google public data. Is there a consensus among economists that the real GDP growth per capita of the world will be stable or gradually decrease in the future?

**Tags:** gdp

> **Comments:**
> **username_1**: No consensus. See Bob Gordon, http://www.nber.org/papers/w18315 , and his critics (many reviews of Gordon's works online).  

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## 1 answers

### Answer by username_2 on 2015-07-13. Score: 1 | Accepted answer

I don't think there is a consensus about this. In 1980s and 1990s, growth theorists have tried to endogeneize the technological progress in growth models, that shows a "balanced growth path" (in which economy grows at a constant rate in long distance.) So, we can say that economists don't want a decrease in GDP.

But note that there are some people who support the idea of "degrowth". You can find a definition on [Wikipedia](https://en.wikipedia.org/wiki/Degrowth).


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