EQ3 Global predictions pwc Flashcards
What is Price Waterhouse Coopers (PwC)?
A British TNC professional services firm
What significant report did PwC publish in 2017?
‘The Long View’
What does PwC’s report ‘The Long View’ analyze?
Data and predicting global economic growth
By what year does PwC predict the world economy could double in size?
2050
According to PwC, which economies could grow around twice as fast as advanced economies?
Emerging markets (E7)
List the G7 countries.
- US
- UK
- France
- Japan
- Canada
- Germany
- Italy
List the E7 countries.
- China
- India
- Brazil
- Mexico
- Indonesia
- Turkey
- Russia
What projection does PwC make about the largest economies by 2050?
6 of the 7 largest economies are projected to be emerging economies
Which country is projected to be the largest economy in 2050?
China
Which country is projected to be the second largest economy in 2050?
India
What is the projected rank of Indonesia among the largest economies by 2050?
3rd