This paper investigates the macroeconomic policy challenges associated with a prospective continuation of international trade and financial integration over the next two decades, making use of a global macroeconomic model newly developed by the OECD. The analysis has several important policy...

This paper was prepared in the OECD Economics Department as a contribution to the Organisation-wide study entitled, “Towards a New Global Age”. It examines macro-structural economic developments in and between OECD and non-OECD economies, the economic linkages and a number of structural...