After two decades Russia will become the most powerful economic power in Europe, and in the global rankings on this indicator, it will be on the fifth place, experts predict the auditing and consulting firm PricewaterhouseCoopers LLP. PwC report on the prospects of world economy circulated today in the City of London. The second position in Europe-2030 analysts assign Germany, the third - France. The report introduces the concept of “geopolitical revolution” - a cardinal change of the leaders of the world economy.
replaced the traditional leaders - the industrialized powers of the West, united in a “seven” G7 (U.S., Japan, Germany, France, Britain, Italy and Canada), comes a group of categories emerging markets - E7 (China, Russia, India and Brazil , Mexico, Indonesia and Turkey). According to PwC, the group E7 equals the G7 in terms of aggregate GDP by 2019, and another a decade later, by 2030, will surpass it by 30%.
It should be noted that in 2000 the GDP of the G “was 50% higher than the GDP growing sevens. This year the gap had reduced to 35%, the report cites Business Week.
“Effect of E7 is already very high, and our analysis shows that the issue no longer is whether E7 overtake G7, but that when it happens,” - said Hoksvort. And then he answers his question: according to his calculations, China will overtake the United States and call the world”s largest economy as early as 2020 - before the aging population will affect the growth of the country.
As a result, by 2030 world ranking of economic power would look like this: China, USA, India, Brazil, Russia, Germany, Mexico, France and Britain.
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