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How will the global economy change by 2050?

The world’s economic landscape could look very different in a little over two decades.

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What will the world economy look like in 2050? Here are the latest updates on the long-term outlook for global growth.

  1. China to be the dominant world economy, with India challenging the US for second place.
  1. Indonesia could be up to fourth place and Brazil fifth, with six of the largest eight economies being emerging markets by 2050.
  1. The UK could be down to 10th place, France out of the top 10, and Italy out of the top 20, as it is overtaken by high growth economies like Vietnam.
  1. The rise of emerging markets will pose both opportunities and challenges for business.

Michael Jermaine Cards has made a second home in Singapore for the past 15 years. As a business executive and a financial journalist, he has seen first hand the spectacular rise of Asia’s most prosperous country, especially in the IT sector. Today he still gets a front seat at the latest market developments, stock movements, and IT innovations. He keeps close to the Western fintech sphere through his contacts in his native New York. A family man with one son, he does business consulting in parallel to his writing.

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