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Who knows what the future will bring
(2016-2050!)
Today's advanced economies will continue to have higher average incomes, but emerging economies should make good progress towards closing this gap by 2050. This will open up great opportunities for businesses prepared to make long-term...
...investments in these markets. But this will require patience to ride out the storms we have seen recently in economies like, for example, Brazil, which should still have considerable long-term economic potential...
PWC projects the world economy to slow down over time, with a marked moderation in growth rates after 2020. But over the next 4 years to 2020 PWC projecs annual global economic growth to average around 3.5%.
PWC-link (report/.pdf): www.pwc.com/gx/en/world-2050
