Difference between revisions of "Wider economic divide"

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==Description:==
==Description:==


Over the next 50 years, Brazil, Russia, India and China—the BRICs economies—could become a much
 
larger force in the world economy. Goldman Sachs has predicted that China will become the largest economy in 2041, closely followed by the US and India
   
   


==Enablers:==
==Enablers:==


1. Stable Macro Environment
2. Strong and Stable political institutions
3. Openess to trade and foreign direct investments


4. High levels of education


==Inhibitors:==
==Inhibitors:==


1. Unstable political environment, minority issues
 


2. Unhealthy financial institutions (Not commercial driven)
==Paradigms:==


3. Working population decreasing (one child policy) 


==Paradigms:==


1. Change of world power when China becomes the biggest economy
==Timing:==




==Timing:==


2015: China's economy will be bigger than Japan


2041: China's economy will be bigger than US
1949: psychologist Donald Hebb suggests that a strengthening of the connections between neurons in the brain accounts for learning.


==Web Resources:==
==Web Resources:==
1. http://www2.goldmansachs.com/ideas/brics/book/99-dreaming.pdf

Revision as of 19:46, 13 September 2009

This page is being edited by Seda Demircioglu EMBA09. In case of any questions/remarks contact me.

Description:

Enablers:

Inhibitors:

Paradigms:

Timing:

Web Resources:

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