The world in 2050

Discussion in 'Economy' started by ekrem, Mar 12, 2006.

  1. ekrem
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    ekrem VIP Member

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    Hello. The last days, there was media-reports in several languages that

    E-7 (china, India, Russia, Indonesia, Turkey, Mexiko, Brazil)

    will throw G-7 from the crown of biggest economies.

    Here you can download the report from Pricewaterhousecoopers:
    http://www.pwcglobal.com/ru/eng/about/press-rm/Report_2050_eng.pdf


    From 2005-2050 following economies will grow in average:


    India: 7,6%
    Indonesia: 7,3
    China: 6,3
    Turkey: 5,6
    Brasil: 5,4
    Mexiko: 4,8
    Russia: 4,6
    S.korea: 3,3
    Kanada: 2,6
    Australia: 2,6
    USA: 2,4
    Spain: 2,3
    UK: 1,9
    France: 1,9
    Italy: 1,5
    Germany: 1,5
    Japan: 1,2


    -------------------------------------------


    Biggest economies in 2050
    (Relative size to US economy):

    country --- 2005 USA - 2050 USA - GDP/p.P in 2050
    1. USA - 100% - 100% - 88.443 $
    2. China - 18% - 94% - 23.534 $
    3. India - 6 - 58% - 12.773 $
    4. Japan - 39% - 23% - 70.646 $
    5. Brasil - 5 % - 20 % - 26.924 $
    6. Indonesia - 2 % - 19 % - 23.097 $
    7. Mexiko - 6 % - 17 % - 42.879 $
    8. UK - 18 % - 15 % - 75.855 $
    Germany- 23 % - 15 % - 68.216 $
    9. Russia - 5 % - 13 % - 41.876 $
    France - 17 % - 13 % - 74.685 $
    10. Turkey - 3% - 10 % - 35.861 $
    Italy - 14 % - 10 % - 66.165 $
    11. Kanada - 8 % - 9 % - 75.425 $
    12. Spain - 9 % - 8 % - 66.552 $
    S. Korea - 6 % - 8 % - 66.489 $
    13. Australia - 5 % - 6 % - 74.00 $
     
  2. ekrem
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    ekrem VIP Member

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    http://web.worldbank.org/WBSITE/EXT...2~piPK:64256810~theSitePK:4607,00.html#Story3
     
  3. NATO AIR
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    NATO AIR Senior Member

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    Thanks, this is great news and a hopeful development for the future.
     
  4. Toro
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    Toro Diamond Member

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    Maybe, maybe not.

    Nobody has any ideas.

    Those forecasts are based on models where, if the assumptions change slightly, there can be a dramatic change in the long-term outlook. And remember, these are emerging countries with emerging problems. There is no gaurantee that there will be the political and institutional stability required to get to these levels.

    Also, US share of GDP today is about the same as it was 100 years ago.
     

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