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Fundamental change takes place in the middle of the century the world's economic power relations in 2050, China will have the largest economy, India is the third, the strengthening of emerging countries in turn leads to greater prosperity in the industrialized countries, PricewaterhouseCoopers (PwC) showed that.
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The international economic consulting firm predicts that in the middle of the century in terms of gross domestic product (GDP) in China is far ahead of the then current world leader un population prospects in the United States, which should un population prospects be the second. The current Japanese third slip to fifth place, un population prospects took place in India. Brazil un population prospects will be the fourth to break ahead of the eighth place. The sixth place is Russia and the world in 2050 (The World in 2050), according to a study.
Western Europe lag indicates that the 21 mid-century, the region between two countries will have access to the largest list of ten, it is just the end; Germany in the eighth, the United Kingdom and is in ninth place in 2050, when in fact, drawn up on the latest 2009 data, the list of ten 5 countries in Western Europe.
The largest group of seven emerging countries, the E7 countries (Brazil, India, Indonesia, China, Mexico, Russia and Turkey) in 2050 surpasses the seven most industrialized un population prospects countries as a group G7 (U.S., France, Japan, Canada, Britain Germany and Italy). The E7 group's overall un population prospects GDP will be more than 60 percent higher in 2050 than in the G7 group, which represents a radical transformation compared to the E7 is currently only less than 36 percent of the performance of the G7 performance.
The change is a serious challenge un population prospects for the governments of the G7 group. Will be treated unemployment resulting from a breakdown of becoming uncompetitive industries and to encourage the transformation of the economic structure, while also restricting the discretion of the government tensions. While the western corporations are forced to face increased competition from emerging countries emerging new giant companies for markets and raw material resources.
"The engine of world economic growth will be in Asia and Latin America, but the strengthening of emerging countries leads to increasing prosperity in the industrialized countries," said the study presented week outlining Alfred Hohn, PwC partner, who said that the rise of the E7 group creates a huge market for Western economy produced goods and services. With the rapid advancement in addition to similar rates of population growth in the world associated with the E7 group, the GDP per capita un population prospects will therefore grow more slowly - said the expert.
The PwC study by the GDP per capita in purchasing power basis, compared to the Chinese economy is now the United States' GDP to 14 percent. 20