Jorgen Randers

Jorgen RandersJorgen Randers is professor emeritus of climate strategy at the BI Norwegian Business School, where he works on climate and energy issues, scenario analysis and system dynamics. He spends much of his time lecturing and advising all over the world on these and other sustainable development issues, for both corporate and non-corporate audiences. He has spent one third of his life in academia, one third in business, and one third in the NGO world. He has been the chair of three Norwegian banks, non-executive member of numerous corporate boards, and serves on the sustainability council of Astra Zeneca in the UK and the ExCom of the Club of Rome. He coauthored The Limits to Growth in 1972 and wrote 2052 – A Global Forecast for the Next Forty Years in 2012.

Papers Published in World Economics:

How Fast Will China Grow Towards 2030

Historical data for the last fifty years shows that there is a surprisingly strong correlation between the growth rate of a nation’s GDP per person and its income level. The growth rate declines linearly with income, and this relationship can be used to estimate the future growth rate of a nation’s economy. Using the same method it is also possible to forecast the share of GDP in agriculture, industry, and services – and to demonstrate the continuing decline of the share in industry as a nation get very rich. This article concludes with a discussion of the likely impact of robotisation and greening on GDP growth.

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