A CHOICE FOR THE FUTURE
Coming choices may be made in the joining of the BRICS. A , PwC forecast , expects China to be the world’s largest economy in 2050, with India overtaking the US to take the second place. Indonesia, Brazil and Russia may rise to possess the third, fifth and sixth places.
In the decades to come, the structure of power will change. If in 2016, China and India accounted for 25 per cent of the world discuss of GDP, in 2050 they will add 35 per share. Both the US and the EU will see their promote decline over time.
Viewed from another perspective, the downturn is obvious. In 1995, the seven biggest emerging economies, or E7 ( China, India, Indonesia, Brazil, Russia, Mexico and Turkey ), were half as big as the G7 ( United States, United Kingdom, Canada, Japan, Germany, France and Italy ). In 2050, the G7’s length might get twice as large as the E7’s.
Anwar has a logical understanding of the statistics and tendencies, and he is considering how things will turn out. He is not happy with how events may turn out. He is likely to seek to establish the foundation for the future.