The world's biggest economies are changing fast
THE World in 2050, published by PwC, a professional-services firm, concludes that the financial crisis has accelerated the shift in global economic power to emerging economies. Our chart sets out its projections for potential GDP growth for a selection of countries. The world’s two biggest economies are not shown as they would be off the scale, but in December The Economist invited you to predict when China would overtake America. This year India’s economy (which becomes too big for our chart by 2025) could overtake Japan’s, and Brazil could move ahead of France. In 2014 Russia could overtake Germany.
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