Business and Economics

Who has the strongest economy? Italy is far from the leaders ...

Every year, the European Center for Economic and Business Research publishes a report with forecasts for the development of key global economies. And the expected forecasts for Italy are not encouraging. What can not be said about the UK ...

By 2030, Britain will overtake France and Germany and become the most economically powerful state in Europe - these are the forecasts of the authoritative European Center for Economic and Business Research, CEBR (Center for Economic and Business Research, CEBR). According to an annual study, tax-free European standards, independence from the eurozone and demographic growth can lead to an increase in British GDP from the current 1,590 billion pounds to 2,640 billion over the next fifteen years.

However, at the global level, the UK will lose ground: being today in sixth place in the world ranking, experts expect it to drop to seventh level in connection with the inevitable take-off of the economies of countries that are only gaining strength today. By 2028, China will surpass the United States and become the first in the world in economic development. At the same time, India, which is in tenth position today, will rise to third place, squeezing Japan. Brazil from seventh will move to fifth place, and Mexico will enter the top ten and take the ninth line. Italy located at the eighth step of the pedestal today, according to experts' forecasts, it will fly out of dozens of leaders and go down to the fifteenth place in the ranking. At the same time, Nigeria, Iraq, Egypt and the Philippines will be included in the top thirty of the most powerful world economies.

The Central Bank of Europe is forecasting that in the next fifteen years, Germany’s GDP will continue to grow, but at a slower pace, increasing from the current 2,200 billion pounds to 2,690 billion. An aging population, a weakening euro and instability in the eurozone have erected insurmountable barriers to Germany, and by 2030 the UK will overtake it in economic development. And the French will be behind the British even earlier, by 2018, according to the study. France, which today occupies the fifth line of the world ranking, will leave the Top 10 due to its slow development and tight tax policy.

The following is the rating of the first ten economies of the world today and after 15 years according to the report of the Center for Economic and Business Research.

Top 10 countries, 2013:

  1. USA
  2. China
  3. Japan
  4. Germany
  5. France
  6. Great Britain
  7. Brazil
  8. Italy
  9. Russia
  10. India

Top 10 countries, 2028:

  1. China
  2. USA
  3. India
  4. Japan
  5. Brazil
  6. Germany
  7. Great Britain
  8. Russia
  9. Mexico
  10. Canada

Watch the video: Why is GERMANY such an INDUSTRIAL LEADER? VisualPolitik EN (April 2024).

Popular Posts

Category Business and Economics, Next Article

Minestrone - Classic Italian Vegetable Soup
Italian soups

Minestrone - Classic Italian Vegetable Soup

Minestrone is the most popular soup born in Italy. It is so associated with first courses that outside the republic, saying "Italian soup", of course, mean minestrone. Its base is broth, vegetables and legumes. Italians cook it with seasonal products, but, nevertheless, it is allowed to use frozen peas or beans.
Read More