What Will the World Look Like in the Future?

Vito Turitto
HyperVolatility
Published in
2 min readNov 8, 2023

The growth rate of a country tends to have a fairly substantial impact on commodity supply and demand dynamics as well as the shipping industry.

The covid pandemic had a severe impact on global GDP growth but many economies are now expanding as the numerous supply chain disruptions caused by the pandemic are no longer an issue and raw materials needed for industrial processes can freely circulate on a global scale.

Again, GDP growth is crucial when it comes to understand the commodity flow because, it goes without saying, that an expanding economy will be needing more commodities and energy than a shrinking one. Hence, it is of fundamental importance to monitor how economies are projected to expand in future years.

Now, the International Monetary Fund (IMF) publishes on a regular basis numerous projections, structured by country and region, on how the global GDP will grow in the coming year.

The current HyperVolatility research will dig deeper into those forecasts and analyze how the IMF expects GDP growth to look like in 2024.

However, the study doesn’t end there.

In fact, the current research will also explore the long term trends as far as GDP growth is concerned in order to provide a deeper understanding of which countries will be importing more commodities and will be needing more energy for their economies to function properly.

The forecasts that will be analyzed are those presented in 2 reports written by Goldman Sachs and PriceWaterHouseCooper, which try to predict how countries will grow and how the global GDP ranking will look like in 2050 and 2075.

Click here to read the rest of the research and see the forecasts.

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Vito Turitto
HyperVolatility

Vito Turitto is a quant strategist specializing in volatility and quantitative research on commodities and commodity derivatives markets