Whither Europe, Cometh India
By mid-century, the U.S. will probably still be the largest economy in the world, but it will have company. According to a new report from PricewaterhouseCoopers, China will be nipping at the U.S.’s heels in 2050, and, measured in terms of purchasing power parity, may even exceed America’s gross domestic product, with India not far behind.
April 10, 2006