The shift of economic power from the established Western economies and Japan towards the emerging economies in the East and South is set to continue.
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The diffusion of power among countries and from countries to informal networks will have a dramatic impact by 2030, largely reversing the historic rise of the West since 1750 and increasing Asia’s...
Source: PwC, (2017), The Long View, How will the global economic order change by 2050?, The world in 2050 - summary report
Source: McKinsey, (2015), Shifting tides: Global economic scenarios for 2015–25