ECONOMIC SUPERPOWER IN 2020/2030

By the year 2020, a great shift will have occurred in the worldwide balance of economic power. Analysts predict emerging market economies will become some of the most important economic forces. The rising importance of emerging market economies in 2020 will have broad implications for the world’s allocation of consumption, investments and environmental resources.

Although income per capita will remain the highest in the world's developed economies, the growth rate in per capita income will be much higher in major emerging market nations such as China and India. 

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