* GDP in Purchasing Power Parity terms with added estimates for the size of the informal economy and adjustments for out-of-date GDP base year data.


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Without Migration the Workforce of Many Countries will Dramatically Shrink
Without Migration the Workforce of Many Countries will Dramatically Shrink
Developed countries across the globe have faced falling fertility rates over recent decades. This will continue to shrink the working-age population in these countries. In South Korea, for example, the working-age population is predicted to fall by almost 18% by the middle of this century. Attempts to reverse this trend have so far proven futile. Out of all the age groups in the population, retiree...
The Future is Asian
The Future is Asian
The world economy has radically changed over the past decade. The Asian share of global GDP has risen from about 48%, and is likely to be around 58% by 2030. Today, the Asian share of global GDP is 55%, whereas Europe and North America combined now account for less: about 33%. An extraordinary change in a remarkably short space of time. Clearly mostly a result of the furious growth seen in China ...
The Four Giant Economies
The Four Giant Economies
Four areas of the world are now far ahead of all other places in both economic and political terms. They are China; the EU (although not a country it is a political and economic entity with many of the characteristics of a country); the USA and India. This list is in order of GDP size, calculated in Purchasing Power Parity terms with additional estimates for their Informal economies and for the age of...