It's 2050 A.D. and China has overtaken USA as the biggest economy. The three biggest economies of the world are China, USA and India with GDP of 45000, 35000, 25000 US $bn repectively while the 4th largest economy, Japan, is mere 5ooo US $bn in size. But, inspite of this spectacular rise, China and India won't be wealthy in terms of per capita income. The BRIC Report by Goldman Sachs gives an interesting insights into this phenomenon.
You can visit the flash presentation by Goldman Sachs by logging-in to the following URL:
http://www2.goldmansachs.com/brics/brics_intro_content.html
Thursday, October 05, 2006
THE BRIC REPORT
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