India could become 5th largest economy in 2018, says Report

Report predicts that by 2032 another country will surpass the US as the world’s largest economy

According to the World Economic League Table, published by the London-based think tank, the four largest economies in 15 years are predicted to be China, the US, India, and Japan.

The report also concludes that in 2020, Britain will bounce back to overtake France, should Brexit effects become less than feared.

The Centre for Economics and Business Research (CEBR) suggests China's economy is set to overtake the U.S. with Asia's major economies to continue moving up in the list in 2018 and beyond.

Judging on the trajectory set by this year's national performances, it projects that soaring Asian powerhouse India's ascent will push Britain down to seventh in the world league table in 2018, but only for two years.

But the CEBR also thinks Britain will hold sixth place once we reagin it in 2020 for nearly another decade.

Читайте также: The new 'Black Panther' trailer has us so hyped

India will leapfrog Britain and France to become the world's fifth largest economy in dollar terms in 2018, the report said. It was tipped to retain this position till 2028, before being overtaken by Brazil.

Previous reports had shown that China would take the top spot by 2031, but the predicted negative impact on the USA economy of President Trump has been "less severe" than expected, CEBR said.

Now ranked seventh, India will move up to fifth place in 2018 and vault to third spot by 2032, the Centre for Economics and Business Research, a London-based consultancy, said in its annual rankings. "Because the impact of President Trump on trade has been less severe than expected, the United States of America will retain its global crown a year longer than we anticipated in the last report", the report added.

The report suggests energy will be less expensive for consumers and, because of a weak oil price, Russian Federation will drop from its current position of 11th to 17th in 2032. "Technology and urbanization will be important factors transforming the world economy over the next 15 years".

Italy will drop out of the ten largest economies by 2023 and fall to 13th in 2029.

При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
«» 2007 - 2018 Copyright.
Автоматизированное извлечение информации сайта запрещено.

Код для вставки в блог

Related News:

  • Ex-Steelers linebacker James Harrison visits with Patriots

    Ex-Steelers linebacker James Harrison visits with Patriots

    Deatrich Wise , Eric Lee and Marquis Flowers all have had success rushing the passer in recent weeks but are unproven commodities. Harrison, who made his National Football League debut in 2004, has tallied five or more sacks in nine of the past 10 seasons.

    Bruce Arians not stepping away from Cardinals after season

    Arians is 49-21-1 in five seasons with Cardinals , and was named National Football League coach of the year in 2014. More recently, he said he has not yet made a decision, but it would happen quickly after the season's conclusion.
    Lewis Hamilton Shames Nephew On Instagram:

    Lewis Hamilton Shames Nephew On Instagram: "Boys Don't Wear Dresses!"

    Lewis Hamilton posted his Christmas celebrations with his family on his Instagram story and one part of the posts caused outrage. The video had the "see no evil" monkey emoji placed at the bottom of it as well.
  • Libya opens oil ports after closure due to bad weather

    Libya opens oil ports after closure due to bad weather

    Any drop in production will ease pressure on OPEC and its allies in their effort to drain an oversupply and prop up prices. At the same time, the source accused militants from the Benghazi Defense Brigades of the blast.

    Applied Materials, Inc. (NASDAQ:AMAT) Short Interest Up 17.7% in November

    It increased, as 59 investors sold HD shares while 562 reduced holdings. 69 funds opened positions while 281 raised stakes. Applied Materials has a 52 week low of $31.66 and a 52 week high of $60.89. (NASDAQ:SAGE) rating on Thursday, October 26.
    'Star Wars' Topped The Christmas Box Office - Again

    'Star Wars' Topped The Christmas Box Office - Again

    The film expanded into 2,200 additional theaters and grossed $14.8 million during its initial weekend in wide release. Its top performance came in the United Kingdom with a second-place finish at $10.1 million including previews.
  • What to watch for in Steelers-Texans; Raiders-Eagles

    What to watch for in Steelers-Texans; Raiders-Eagles

    Yates completed 7-of-16 passes for 83 yards with one touchdown and one interception in Monday's Week 16 loss to the Steelers . The duo of quarterbacks were sacked seven times with Mike Hilton grabbing three sacks and Cam Heyward notching two sacks.
    Harry Kane smashes record in Spurs' festive goal glut

    Harry Kane smashes record in Spurs' festive goal glut

    Messi and Ronaldo have dominated football for so long, they're two of the world's greatest players ever", Kane told Sky Sports . The mentality is important for us to keep, this spirit, and then who knows what can happen".
    White House: Trump will likely sign tax bill Friday

    White House: Trump will likely sign tax bill Friday

    The sweeping tax bill cuts the top rate on "qualified" pass-through business income from 39.6% under current law to 29.6%. Mazie Hirono. "After months of empty promises to the middle class, the president has been caught in another big fat lie".
  • 1.2 is American Tower Corp's (NYSE:AMT) Institutional Investor Sentiment

    FNY Partners Fund LP acquired a new position in American Tower Corp during the fourth quarter valued at approximately $137,000. The stock witnessed -0.55% declines, -0.22% declines and 0.35% gains for the 1-month, 3-month and 6-month period, respectively.
    Can't doubt Honey Singh's talent: Bhushan Kumar

    Can't doubt Honey Singh's talent: Bhushan Kumar

    The story premise of Sonu Ke Titu Ki Sweety has been set in the vast and massive locations of Delhi and Uttar Pradesh. The actors looked really great in the song and this song will definitely be played in the New Year's party.

    Financial Counselors INC Increases Stake in Altria Group INC (MO)

    BMO Capital Markets maintained Facebook, Inc. (NYSE:MO) has "Equal Weight" rating given on Thursday, March 30 by Barclays Capital. According to their observations and findings, the stock could provide a high EPS of $0.82/share and a low EPS of $0.79/share.

Most liked

Thomas Fire now mostly contained
By Thursday, most of the southern end of the fire also was surrounded and the last mandatory evacuation orders were called off. The Cedar fire had been recognized as the biggest California wildfire in terms of acreage since 1932.

Today is the first day of Kwanzaa
The name comes from a Swahili phrase, " matunda ya kwanza ", which means "first fruits of the harvest", according to Infoplease . As such, African American communities of all religious faiths come together to celebrate their shared culture and heritage.

Were Analysts Bearish Delta Air Lines, Inc
Several other large investors have also bought and sold shares of the company. 127 funds opened positions while 657 raised stakes. See Sage Therapeutics, Inc. (NYSE: DAL ) news were published by: which released: " Delta Air Lines, Inc ".

Amazon touts "biggest holiday season" ever
Both placed Amazon Alexa - the voice-based assistant software behind Amazon Echo - as the most downloaded app on Christmas Day . Amazon wouldn't say exactly how many Dots it sold, but said it sold "millions" more devices this year when compared to last.

Utah vs. West Virginia 12/26/17
The Mountaineers are led by quarterback Will Grier , who's thrown for 3,490 passing yards and 34 touchdowns on the season. Without Grier and no threat of Crawford running, Utah's defense will key in on Chugunov and the offense will do enough.

Ycg LLC Continues to Hold Stake in Discovery Communications Inc. (DISCK)
Cubist Systematic Strategies LLC increased its position in shares of Discovery Communications by 347.5% during the 3rd quarter. Stevens Mgmt Limited Partnership invested 0.02% in Discovery Communications, Inc . (NASDAQ: DISCA ) on Thursday, December 14.

Saudi prince offered freedom for USD6 bn, claims U.S. newspaper
More detainees will be released in the coming days after reaching deals with the government, according to local media. The move came after a settlement was agreed with the suspects, the daily Okaz reported yesterday.

Valero Energy Corporation (VLO) Stock Is An 52-Week High Flier
It worsened, as 46 investors sold VLO shares while 310 reduced holdings. 97 funds opened positions while 258 raised stakes. Eidelman Virant Capital holds 3.53% of its portfolio in Reading International, Inc. for 377,650 shares. ( NASDAQ :CORE)., Inc. (AMZN) Shares Sold by Pinnacle Family Advisors LLC
After $0.84 actual EPS reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts 2.38% EPS growth. The e-commerce giant reported $0.52 earnings per share for the quarter, missing the consensus estimate of $1.09 by ($0.57).

2 lifelong best friends discover they're brothers
Now that the initial shock has set in, Macfarlane and Robinson say they have plans to travel and enjoy retirement together. With the help of his family, Walter searched for answers for years through the internet and social media, with no luck.

Arsenal willing to listen to Alexis Sanchez offers in January
Arsenal will go to £30m for a player they have tried to sign in the past - but have indicated that they will only buy if they sell Sanchez.

Elon Musk Tweets Cell Number To 16.7 Million Followers
Musk also hinted that other Tesla updates may be on the way. "That seemed extremely boring", Musk said in an Instagram post . Today Musk also tweeted an incredible image of people next to a landed rocket to give an idea of the scale of themachines.

Disney Walt Co (DIS) Position Raised by Hs Management Partners Llc
The Utah-based Wasatch Advisors has invested 0.01% in The Walt Disney Company (NYSE: DIS ). (NYSE:JONE) for 245,796 shares. It improved, as 30 investors sold HLS shares while 77 reduced holdings. 11 funds opened positions while 30 raised stakes.

Oil Drops Close to $65 Per Barrel on Forties Pipeline Nearing Restart
The rig count in the US , an early output indicator for the future held steady during the week at 747 through December 22. The oil cartel latest forecast calls for the market to be balanced near the end of 2018.

Femen Protester: Jesus Heist Attempted at Vatican Nativity Scene
These infringements include the Pope's stance on abortion and "sacred condemnation" of contraception, the Femen statement said. She was immediately detained by Vatican security forces, and began screaming "God is woman, God is woman".