World’s top economies in 2050 will be...

[Avisheik]

Singapore not on the list? They have one of the best and safest economy in the world

 

[rcrmj]

Its not difficult to see why

Peru's growth rate is 5.5%. Pakistan's 3.7%

even a 5-years-old kid knows things change``omg

 

[Sugarcane]

Russia @ 15 spot !!!!
What a prediction man..

And shopar pawar India at No. 3 - That's ridicules

http://www.defence.pk/forums/world-affairs/94746-india-likely-world-s-no-1-economy-2050-citi.html

 

[farhan_9909]

WTF

plzz go and somebody tell the article publisher that zardari regime is in end in pak

and imran khan and musharaf are coming.
we will stand next to our brother china got it :X

 

[888jamie888]

6th?! I'll take that.

 

[Holmes]

Russia only at 15?
kidding?

 

[saiyan0321]

cmon how can they predict that many things can happen massive growth can happen too what if china becomes the top or india or pakistan or heck even iran who knows 50 years is alot of time...... hey what happens if a world war happens and the economies of the world hit downhill fifty years later who knows there can be only one country anyone can predict and make presumptions nothing new just like other articles

 

[Crive]

lol iran is already 18 how is it that with +7 we will be 27.damn its stupid!

 

[Pioneerfirst]

By Kevin Voigt, CNN

The global research department of HSBC has released a report predicting the rise and fall of the world’s economies in the next 40 years.

The world’s top economy in 2050 will be China, followed by the United States. No surprises there – since China’s reforms in the 1980s, economists have said it’s not a question of if, but when, China’s collective economic might will top the U.S.

But among the smaller, developing nations, there are several surprises by HSBC prognosticators:

* By 2050, the Philippines will leapfrog 27 places to become the world’s 16th largest economy.

* Peru’s economy, growing by 5.5% each year, jumping 20 places to 26th place – ahead of Iran, Columbia and Switzerland. Other strong performers will be Egypt (up 15 places to 20th), Nigeria (up nine places to 37th), Turkey (up six spots to 12th), Malaysia (up 17 to 21st) and the Ukraine (up 19 to 45th).

* Japan’s working population will contract by a world-top 37% in 2050 – yet HSBC economists predict it will still be toward the top performing economies, dropping only one spot to the 4th largest economy. India will jump ahead of Japan to 3rd on the list.

* The big loser in the next 40 years will be advanced economies in Europe, HSBC predicts, who will see their place in the economic pecking order erode as working population dwindles and developing economies climb. Only five European nations will be in the top 20, compared to eight today. Biggest drop will be felt northern Europe: Denmark to 56th ( -29), Norway to 48th ( -22), Sweden to 38th (-20) and Finland to 57th (-19).

HSBC 2050 list of top economies (change in rank from 2010)

1) China (+2)

2) U.S. (-1)

3) India (+5)

4) Japan (-2)

5) Germany (-1)

6) UK (-1)

7) Brazil (+2)

8) Mexico (+5)

9) France (-3)

10) Canada (same)

11) Italy (-4)

12) Turkey (+6)

13) S. Korea (-2)

14) Spain (-2)

15) Russia (+2)

16) Philippines (+27)

17) Indonesia (+4)

18) Australia (-2)

19) Argentina (2)

20) Egypt (+15)

21) Malaysia (+17)

22) Saudi Arabia (+1)

23) Thailand (+6)

24) Netherlands (-9)

25) Poland (-1)

26) Peru (+20)

27) Iran (+7)

28) Colombia (+12

29) Switzerland (-9)

30) Pakistan (+14)

“If we step away from the cyclicality, there are two ways economies can grow; either add more people to the production line via growth in the working population, or make each individual more productive,” the report says.

In other words, demographics – the size of your working population – along with the opportunities to flex that muscle help determine long-term economic trends. Big factors on the back half of that equation: Education opportunities, democratic governments or strong rule of law (a caveat that explains China and Saudi Arabia’s high placement).

“We openly admit that behind these projections we assume governments build on their recent progress and remain solely focused on increasing the living standards for their populations,” the report says. “Of course, this maybe an overly glossy way of viewing the world.”

Chief factors that may derail economies moving forward, the report says: War, energy consumption constraints, climate change, and growing barriers to population movement across borders.

World

Russia under UK.Russia has the natural resources to surpass even US and It is highest growing economy in G-8
Italy upper than Indonesia. Indonesia will actually bypass Italy in 2020 and here Philippine is upper than Indonesia.

 

[American Pakistani]

How can Pakistan be lower than Phillipines, Peru, Columbia & Egypt. Seems BS ratings. Pakistan will be somewhere on 15-16.

 

[Dance]

And shopar pawar India at No. 3 - That's ridicules

http://www.defence.pk/forums/world-affairs/94746-india-likely-world-s-no-1-economy-2050-citi.html

Seriously

Why India will be world's No. 1 economy by 2050 - Rediff.com Business

 

[Roybot]

This ranking makes no sense. Oh wait its HSBC ranking, typical Chinese quality

 

[LAKHNAVI]

This ranking makes no sense. Oh wits ''ait its HSBC ranking, typical Chinese quality

its ''hsbc'' ranking and you may may like it or not its your perrogative but one thing is for sure it has made you all intrested.

 

[Serpentine]

I don't know who made this list but surely he didn't know a damn thing about economy.Russia at 15?Behind Turkey?Philippines at 16?seriously.
And about Iran.although being under tough sanctions,Iran is currently 18th largest economy.If sanctions lifted today,Iran,with huge natural resources will become one of the 12 largest economies in 2025.We can't talk about 2050.Imagine in 60s,who could predict that South Korea is going to have such a large economy today?or even about china,or India or Mexico.We hardly can predict world economics within 1 year,and now they are predicting this in 38 years.

 

[888jamie888]

I don't know who made this list but surely he didn't know a damn thing about economy.Russia at 15?Behind Turkey?Philippines at 16?seriously.
And about Iran.although being under tough sanctions,Iran is currently 18th largest economy.If sanctions lifted today,Iran,with huge natural resources will become one of the 12 largest economies in 2025.We can't talk about 2050.Imagine in 60s,who could predict that South Korea is going to have such a large economy today?or even about china,or India or Mexico.We hardly can predict world economics within 1 year,and now they are predicting this in 38 years.

I know right?? HSBC the second largest bank in the world, what would they know about the economy?