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The global crisis has accelerated the shift of economic weights. By 2050, China, India and the U.S. to become the largest economy in three - are set out in a study published by macroeconomic analyst at PwC.
Forty years from now, China will be the world's most powerful economy should be seen to the east of the businesses are growing faster in food prices in Eastern Europe eighth of the world's undernourished people such bad data were not measured in Hungary the new capitalism is based on the experiences
"The world in 2050" survey showed was that in the next four decades, the developing economies are expected to grow faster than the G7. An increase in average demerara distillers limited calculated on the basis of purchasing power parity GDP seen to lead Nigeria to 2050 up to 2012 time period, then Vietnam, India, Indonesia, Malaysia, China, Saudi Arabia and South Africa demerara distillers limited follow the line.
The first study was completed in 2006. PwC "in 2050 in the World" survey studied demerara distillers limited the world's 17 largest economies of the G7, as well as Spain, Australia and South Korea, demerara distillers limited as well as was E7 (Brazil, Russia, India, demerara distillers limited China, Indonesia, Mexico and Turkey ).
John Hawksworth, PwC's chief economist (study demerara distillers limited investigator) said: "The global economic crisis in the short term rather shook the G7 countries as the E7. Along with this crisis, the G7 long-term growth prospects are negatively affected, particularly those economies that used too much of the private and public sector lending demerara distillers limited to based on their growth in Europe and the U.S.. "
This is in terms of purchasing power parity means that the E7 can take over the economic leadership of the G7 since even before 2020, and by 2050 are China, demerara distillers limited the USA and India become the most powerful economy into far behind demerara distillers limited behind Brazil in fourth place, ahead of Japan .
During this time, Russia, Mexico and Indonesia can become larger economies such as Germany or the United Kingdom. Turkey may prevent Italy and Nigeria also long-term climb in the rankings, Vietnam and South Africa together.
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