The Russian economy will be among the strongest only by 2050
16.01.2012 3478

The Russian economy will be among the strongest only by 2050

HSBC has published the World in 2050 report, which aims to identify the world's 100 largest economies by the middle of the XNUMXst century. Most of the leading economies will be represented by countries that are now part of the developing group. Russia, according to the forecast, will be able to enter the twenty most powerful economies.

One hundred largest economies are divided into three categories: countries with rapid economic growth (annual growth of more than 5%), countries with growing economies (growth from 3 to 5% per year) and countries showing stability (growth of less than 3% annually). In total, the report identifies 26 of rapidly developing countries, including China, India, Malaysia, Ecuador, as well as some countries of Central Asia and the Middle East. The category of nations with a growing economy includes 43 countries, including countries in Latin America, Central and Eastern Europe, as well as Iraq and Yemen.

By the 2050 year, the Philippines will be able to rapidly develop, taking the 16 place in the top 100. In addition, changes are planned in Latin America: Peru will be able to achieve an average growth of 5,5% per year and occupy the 26 position, while Chile “has every chance of becoming another star in the economic horizon”, taking the 32 position. The report suggests that African countries will leave the “economic darkness”: five of them (Tanzania, Ethiopia, Kenya, Uganda and Ghana) are among the fast-growing countries, and four (Nigeria, Morocco, Libya, Cameroon) are in the category of economies, showing growth.

HSBC analysts put Russia in the 15-th place in a hundred countries, classifying it as a country with a growing economy. At the same time, the report notes that the country's able-bodied population will decrease by 31%. Similar problems will be expected for the Eurozone: in Germany, the working population will decrease by 29%, in Portugal and Spain - by 24 and 23%, respectively.

“Judging by the pace with which Russia has developed lately, such a forecast is quite realistic,” agrees Vladimir Zuev, head of the department of international economic organizations and European integration at the HSE. However, he notes that such predictions are fortune-telling, and the main problem is whether, for example, African countries will develop democracy. “This question depends on the behavior of the leading countries, in particular on Russia. Now we do not allow the international community to intervene in Syria, which means that we do not have to wait for democratic changes in this country: this is impossible without intervention, ”the expert said.

“The HSBC publication is conditionally scandalous, since it contradicts two classical forecasts of the International Monetary Fund and the World Bank,” said Alexei Krasavin, professor at the Academy of National Economy and Higher School of Economics. On the example of highly specialized moments, he explains that for such a forecast “it is enough to trace where the leading producers place their orders, and usually these are countries with a weak currency and, accordingly, low wages, and to predict the development of these countries in the future due to secondary signs to which and HSBC analysts appeal. ” Regarding the assessment of Russia's place in this rating, “the answer to this can be the fact that after a series of scandals, HSBC is closing its business in our country,” the expert said. About this writes retailer.ru with reference to the newspaper RBC daily.
 HSBC has published the World in 2050 report, which aims to identify the world's 100 largest economies by the middle of the XNUMXst century. Most of the leading economies will be represented by countries that ...
5
1
Rating

Latest News

Tod's Releases Volume 2 of Italian Hands – Artisanal Stories From Italy

Tod's Group has published the second volume of the book "Italian Hands – Artisanal Stories From Italy".
19.06.2025 158

EKONIKA opens fifth flagship store in new design concept

The fifth updated EKONIKA flagship opened today in the capital in the Aviapark shopping center. The store's retail space is 143,5 sq. m. And the brand's signature design, which was first introduced by the company last year and has already managed to…
18.06.2025 189

Detsky Mir has added capsules of summer accessories to its own brand collections

Detsky Mir continues to develop its own brands Futurino and Wapoo. The brands' summer collections include clothing and footwear, including bright plastic clogs with decorative jibbits. In addition to them, there are also cassoulet collections...
18.06.2025 225

Bob Marley's Family Collaborates With Shoe Brand Chaco

Sandals that reflect the spirit of Bob Marley's creativity were released in collaboration with the Bob Marley family and the American brand Chaco.
18.06.2025 190

Bikkembergs Enlists Gosha Rubchinskiy to Reissue Its Football Sneakers

Bikkebergs is reissuing its iconic football shoe in collaboration with Russian designer Gosha Rubchinskiy, known for his post-Soviet aesthetic. The new version of the shoe is part of the spring/summer 2026 collection, which is presented at…
17.06.2025 462
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning