What will be the five world powers in 2050

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The Bridget, Corona virus and trade wars are certainly causing economic hardship, but despite all this, the global economy is expected to grow rapidly in the coming decades.

In fact, by 2050, the world market will have doubled from its current size, although the United Nations estimates that the world's population will increase by 26% during that time.

This economic growth will bring about tremendous changes, but it is very difficult to say what the future holds. Most economists agree that the developing economies of today will be the developed and economic powers of the future.

According to The World in 2050, a report by PWC, a global professional services firm, seven of the six global economic powers in 30 years will be the economically developing countries today, with the United States second to third on the list. Will go to the level.

Thus, Japan will move from fourth to eighth and Germany from fifth to ninth.

The report says that in the coming decades, countries such as Vietnam, the Philippines and Nigeria will also grow economically and move up the list.

Five countries that are said to be booming in the coming years, we talked to their people and asked them how to cope with the changes taking place in their surroundings. What are the benefits of being in the region with rapid economic growth and what are the problems or difficulties they are facing?

China
If the country's gross domestic product (GDP) is equal to the purchasing power of the people, which is calculated by equalizing the price difference between different countries, then China has become the world's largest economy. Is.
Asia's largest country has grown rapidly over the past two decades, but economists say its growth so far has been slower than it has been in the coming decades. Equal to salt

In the eyes of the Chinese people, the country is experiencing rapid economic growth.

Ron Kohl, a Chinese writer from Sochi Province, China, says that when he came to the city 15 years ago, there were fields and ponds all over the area. He said that in these 15 years, the shape of the entire area has changed and now this juggling city has become a shopping paradise with huge shopping malls, industrial parks and restaurants and a lot of traffic.

It would not be wrong to say that the whole country has changed.

Due to this rapid economic growth, skilled businessmen and people looking for better opportunities are being drawn here.

China's largest city is Shanghai, where many people start their own businesses.

John Pabon, founder of the Shanghai-based Flickr Strategic Advisory, says Shanghai is a very business-minded city.

He said that from the meat market in the morning till late in the evening, everyone who was working in the offices till midnight was caught in a race of motorbikes honking their horns at the traffic signals on the roads. However, unlike New York City, where people hide everything, everyone in Shanghai is willing to listen to each other and give the best advice.

He said that in order to live here, you must learn Mandarin Chinese. If you don't know the language, the opportunities to work and do business are limited and you may not be invited to social and cultural events.

India
India, the world's second most populous country, is set to grow rapidly in the next three decades.

According to the report, India will have an average growth rate of five per cent, making it one of the fastest growing countries in the world.

By 2050, India is expected to overtake the United States as the world's second largest economy and account for 15% of the world's gross domestic product. The positive effects of this economic growth are already beginning to show in people's lives.

Sorb Jindal, who runs a company called Talk Travel, says he has seen India change in the late 20th and early 21st centuries.

He said that this economic development has brought a lot of changes in the lives of the people.

He said that in the last 15 years, for example, the brands of TV sets, mobile phones and cars have changed. Jundal said air travel has become more accessible and people's homes have become more luxurious.

This improvement has also caused problems. The number of vehicles on the roads has increased exponentially but the investment in social infrastructure has been reduced. Lack of strict enforcement of laws has led to an increase in pollution, especially in big cities like Delhi.

People have not benefited equally from this economic growth. Jundal said many people still live in extreme poverty. "You will see slums between tall buildings," he said.

The attitude towards women in the society is also very disappointing and the number of sexual crimes against women is reaching alarming levels and the country is facing a crisis.
Namita Kalkarni, a Mysore resident, said the country's development is determined by the human rights of its citizens and the country still has a long way to go.
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