Global Scans · Decent Work and Growth · Weekly Summary

In September 2015, 193 world leaders agreed to 17 Global Goals for Sustainable Development. If these Goals are completed, it would mean an end to extreme poverty, inequality and climate change by 2030.
Goal 9: Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.

• [New] Pushing the TFP Growth Frontier forward will require increasing public agricultural R&D by $2.2 billion, comparable to post-World War II levels. Agriculture of America
• [New] The technological terrain in 2025 will be determined by a confluence of cutting-edge innovations that will alter industries, enhance the quality of life, and push economic growth on an international scale. Diplomatist
• [New] The United States, Brazil, Canada, Guyana and Argentina are forecast to account for a large majority of non-OPEC + supply growth this year and next. IEA
• [New] The outlook for non-OPEC + supply growth has marginally increased, to 1.6 mb/d in 2025 and 1.2 mb/d in 2026, mostly due to improved operational efficiency in Brazil and resilient oil production from the United States. IEA
• [New] In 2025, Vietnam's travel industry is expected to experience remarkable growth driven by a strong recovery in both international and domestic tourism. Euromonitor
• [New] China's population decline could slow long-term growth and strain social systems. Advisorpedia
• [New] As investors hunt for growth outside the U.S. and Europe, a rebound in Chinese assets could attract renewed capital, particularly if global conditions stabilize. Advisorpedia
• [New] An extended U.S. government shutdown raises the risk for weaker growth potential. Morgan Stanley
• [New] If spending is deployed wisely, Japan could achieve a more autonomous growth trajectory - one less vulnerable to external factors such as US tariff policies or BOJ rate hikes. EMEA
• [New] With Apple now producing some iPhone models and Mercedes-Benz announcing plans to manufacture in India, employees with greater disposable income are expected to aid in visitation to attractions (last quarter, GDP growth reached 7.8% in India). IAAPA.org
• [New] Growth in South Asia is on track to reach 6.6% in 2025 but then slow to 5.8% in 2026. World Bank
• [New] The world today must adopt a different approach to deal with crises, one where resilience serves as an element in building new opportunities enhanced by artificial intelligence and data, and through which resilience evolves as a proactive and innovative approach to work. Government of Dubai Media Office
• [New] In 2050, based on a predicted annual growth rate of 5%, the price of Neuralink is expected to reach $0.3382. Bitget
• [New] Mineral demand for clean energy technologies will rise at least four-fold by 2040 to meet climate goals, with particularly high growth for minerals needed for electric vehicles. CEPR
• Global liquid fuels consumption growth is driven almost entirely by non-OECD countries, which grow by 1.2 million b/d in 2025 and 1.0 million b/d in 2026, while OECD consumption falls by 0.1 million b/d in 2025 before increasing by 0.1 million b/d in 2026. EIA - Energy Information Administration
• We expect the United States, Brazil, Canada, and Guyana to drive production growth over the forecast period. EIA - Energy Information Administration
• The continued growth of non-OPEC supply, especially from U.S. shale and new offshore projects, will remain a critical determinant. The Chronicle-Journal
• The drag on overall labour force growth stemming from sharp declines in the U.S.-born labour force over the next decade will likely be quite steep. Economic Policy Institute
• Labour productivity growth in mature economies has been weak, with the US expected to witness a substantial decline for the second consecutive year. Staffing Industry Analysts (SIA)
• Growth in South Asia is expected to slow sharply from 6.6% in 2025 to 5.8% in 2026. Deccan Chronicle
• The marketplace lending segment is expected to witness the fastest growth from 2025 to 2034. Precedence Research

Last updated: 19 October 2025