EQ3 Global predictions pwc Flashcards

1
Q

What is Price Waterhouse Coopers (PwC)?

A

A British TNC professional services firm

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2
Q

What significant report did PwC publish in 2017?

A

‘The Long View’

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3
Q

What does PwC’s report ‘The Long View’ analyze?

A

Data and predicting global economic growth

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4
Q

By what year does PwC predict the world economy could double in size?

A

2050

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5
Q

According to PwC, which economies could grow around twice as fast as advanced economies?

A

Emerging markets (E7)

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6
Q

List the G7 countries.

A
  • US
  • UK
  • France
  • Japan
  • Canada
  • Germany
  • Italy
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7
Q

List the E7 countries.

A
  • China
  • India
  • Brazil
  • Mexico
  • Indonesia
  • Turkey
  • Russia
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8
Q

What projection does PwC make about the largest economies by 2050?

A

6 of the 7 largest economies are projected to be emerging economies

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9
Q

Which country is projected to be the largest economy in 2050?

A

China

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10
Q

Which country is projected to be the second largest economy in 2050?

A

India

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11
Q

What is the projected rank of Indonesia among the largest economies by 2050?

A

3rd

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