It is now well accepted that the global economic picture in 2050 will look very different from today. The established G7 economies are already seeing a shift of their traditional economic power to the emerging countries, the so-called E7 of China, India, Brazil, Russia, Indonesia, Mexico and Turkey.
In the latest PricewaterhouseCoopers report, we conclude there is even more reason to be optimistic about the prospects for India and China. But we also look beyond the BRICs — Brazil, Russia, India and China — to take into account 13 other emerging economies. We see that they, too, have the potential to grow significantly faster than the established Organisation for Economic Co-operation and Development (OECD) countries.
To gain insights into how the economic world might appear in 2050:
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Listen to an interview with the report's author John Hawksworth, our macroeconomics specialist, interviewed by Noel McCarthy, editor, PricewaterhouseCoopers monthly highlights.
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