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It presumes a lot about a lot of things. 50 year projections are insane.
Sure but China especially.
I think india can be there at the top if only it manages to remain as it is now.
India's not unreasonable at all, depending on the likelihood of a major secession event.
In 1975, China was one of the poorest countries on Earth and they climbed all the way to second.
Yes. I think (and most Indians believe) that the party that has been ruling till 2014 has kept India behind. And it looks so true when you know how India looked pre Modi and now.
Isn't the current gov very anti free market?
Actually not.
This government has been more liberal than the previous one as far as market is concerned. They have been doing so many reforms to trade and FDA policies but they have just been cautious because they can't hurt India's SMEs which are core to it's growth.
Interesting. Guessing I'm leaning on outdated info.
because Mao died in 1976 and Deng Xioping consolidated leadership in 1977
India is not China for many reasons
Will India impose a one child policy like China did in 1975?
edit: if 40 percent of GDP is in agriculture, India's income per capita will not improve
Nigeria will be in the top 10? is that reasonable?
50 year projections are stupid
We agree on the last point
No one expected China to be China either. The point is that even huge poor economies can grow rapidly in the right circumstances.
huh?
if only it manages to remain as it is now? wtf are you talking about
Maybe. I think China has better odds of being an intact nation than half of the top 10.
I am not sure that political system can hold up another 50 years with a generation of people who expect a decent and consistently improving standard of living. Demographics, lack of resources are also huge issues for them.
Sure, but I think the odds are decent that what comes next will be economically freer.
Probably but I guess it depends on the timeline of that because the transition is probably drawn out and painful.
The Mao to Deng transition was very swift
Yes but the transition to Mao was not.
but what about India and Pakistan
please...
This here is in fact 'Goldman Sachs'. Too much anti America!
Goldman put this out so they could sell more of their international funds that they probably charge 3 and 30 to manage.
Bingo
I sensed it. But one thing looks correct that US won't be at the top.
I think the same, I see it more as communist propaganda, even placing India ahead of the USA.
I think this presumes a lot about China.