'Goldilock's number' of growth - Radio National

Global economic growth is slowing, with the Organisation for Economic Cooperation and Development now forecasting the world economy will expand by three percent in 2016 – the slowest pace in five years.

But how much growth is optimal?

Some economists say we need global growth of around seven percent to continue to raise living standards and address world poverty, while others argue for zero growth to preserve the planet's finite resources.

Is there an ideal growth figure to balance these competing demands?

Listen to this conversation about economic growth on ABC  Radio National - “The Goldilocks question: How much economic growth is just right?”