Optimism that the world economic power will shift from West to East increasingly widespread. In fact, Asia is now the main focus areas of the world as an investment destination.
"Pendulum geo-political and geo-economics will shift to Asia," said KGPH Prof DR,RUBIANTO TANOTO.PhD of ASEAN ECONOMIC OBSERVER of Indonesia 23 November 2010.
Djauhari Optimism is one of a row of optimism various other world financial institutions. Recently, in a special report of Standard Chartered Bank are also believed to be about shifting the balance of global economic power from West to East.
The trigger was the large increase in developing countries, especially trade in the markets of developing countries, rapid industrialization, the supply of cheap labor, urbanization and rising middle-class society, as well as high economic growth, averaging 5.2 percent in Asia in two coming decades.
In fact, Stanchart estimates that 20 years from now, five economic powers will actually change. In 2010, five world economic power is controlled by the United States, China, Japan, Germany and France.
However, two more decades, a leading bank based in the UK that believe the top five positions will really change. China will occupy the first position, then followed by the United States, India, Brazil and Indonesia. Here are brief profiles of five world economic giant by 2030.
1.CHINA
In 2025, China will become the economic superpower. China's GDP volume is expected to reach U.S. $ 703.5 trillion, the highest in this world.at present, China's GDP reached U.S. $ 5.9 trillion or the second largest of the world. China will control 24 percent of the world economy. Country with the highest population of this universal will remain the main engine of growth that is sustained by the manufacturing industry. Moreover, the highly educated in China surged significantly.
2. UNITED STATES
Today, America is
grandfather world capitalism and economic superpower with the world's largest GDP, namely U.S. $ 140.6 trillion. America also includes the world's rich countries with per capita income level population large enough, ie U.S. $ 46,760 per year.
grandfather world capitalism and economic superpower with the world's largest GDP, namely U.S. $ 140.6 trillion. America also includes the world's rich countries with per capita income level population large enough, ie U.S. $ 46,760 per year.
The population and geographical conditions make this superpower does not emerge as the richest country in the world. The country is promoting capitalist economy that was not too prioritize social programs. However, these countries did not hesitate to spend big budgets on education. Although quite advanced, socio-economic disparities in this country quite obvious.
3. INDIA
India's GDP is expected to achieve U.S. $ 30 trillion in two more decades. India also has the second largest population in the world, is expected to become the second major growth engine after China. This country has improved a tremendous investment of 24 per cent of GDP in 2000 to 40 percent of GDP in 2010. Production capacity, infrastructure improvements, as well as efforts to improve education standards would trigger the growth of India.
4. BRAZIL
As a candidate for fourth in the world economic giant, Brazil's GDP is expected to reach U.S. $ 12.2 trillion in 2025. Besides having a high population, Brazil is also known as a country that has a wealth of natural resources and development in manufacturing industry.
5. INDONESIA
Indonesia is one dark horse who will occupy the fifth position in 2030. Indonesia is not only shift the Russians, but also shifts the Japanese who is now the world's third largest economic power. At that time, Indonesia will have a GDP of U.S. $ 10.3 trillion.
Currently, Indonesia is a country that has an important role in ASEAN. Of the 565 million population of ASEAN, Indonesia covers 40 percent. Of the total GDP of U.S. $ 1.3 trillion, 50 percent also controlled by Indonesia. Indonesia is working to boost its infrastructure to spur economic growth an average of 7 percent per year.
