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Topic: |
Business
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Number of pages / Number of words: |
4 / 878 |
Essay's paper body
By 2025 they could account for over half the size of the G6. Currently they are worth less than 15%.
Concerning the economic growth (chart 2) India has the potential to showthe fastest growth over the next 30 and 50 years. Growth could be higher than5%over the next 30 years and close to 5% as late as 2050 if development proceeds successfully...
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By 2050, only India on our projections would be recording growth rates significantly above 3%.
Slide 6
Incomes and Demographics
Despite much faster growth, individuals in the BRICS are still likely to be poorer on average than individuals in the G6 economies by 2050. Russia is the exception, essentially catching up with the poorer of the G6 in terms of income per capita by 2050...
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