TITLE

From Doom and Gloom to Shangri-La: Scenario Learning Revisited

AUTHOR(S)
Stearns, Dennis
PUB. DATE
May 2006
SOURCE
Journal of Financial Planning;May2006, Vol. 19 Issue 5, p52
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article discusses a series of scenario learning exercises run by the Institute of Certified Financial Planners' Masters Retreat and the Financial Planning Association that attempted to predict the future of the United States economy. Possible scenarios included "good times," in which interest rates and inflation remain modest and high oil prices do not greatly hurt the U.S. economy, and "megatrend convergence," in which the collision of the information revolution, an aging population, and global climate change trigger significant swings between good and bad economies over the next decade. INSET: History of Scenario Learning.
ACCESSION #
20803150

 

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