Difference between revisions of "China becoming the largest economy"

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[[China becoming the largest economy]]
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==Description:==
 
Over the next 50 years, Brazil, Russia, India and China—the BRICs economies—could become a much
larger force in the world economy. Goldman Sachs has predicted that China will become the largest economy in 2041, closely followed by the US and India
 
==Enablers:==
 
1. Stable Macro Environment
 
2. Strong and Stable political institutions
 
3. Openess to trade and foreign direct investments
 
4. High levels of education
 
==Inhibitors:==
 
1. Unstable political environment, minority issues
 
2. Unhealthy financial institutions (Not commercial driven)
 
3. Working population decreasing (one child policy) 
 
==Paradigms:==
 
1. Change of world power when China becomes the biggest economy
 
 
==Timing:==
 
2015: China's economy will be bigger than Japan
 
2041: China's economy will be bigger than US
1949: psychologist Donald Hebb suggests that a strengthening of the connections between neurons in the brain accounts for learning.
 
==Web Resources:==
 
1. http://www2.goldmansachs.com/ideas/brics/book/99-dreaming.pdf

Latest revision as of 14:08, 31 May 2010

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