The NextWave of Expeditious Economic Growth (China, India, Brazil, South Africa and Russia)

Gupta, Shubham (2011) The NextWave of Expeditious Economic Growth (China, India, Brazil, South Africa and Russia). [Dissertation (University of Nottingham only)] (Unpublished)

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Being a finance student what amazes me, and should really astound every

individual who has the slightest economic sense, is the nature and sheer pace of

the changing dynamic of the economies of this world. It will have a profound

impact on almost every financial decision made and in fifty years (or even

less), the list of the world’s ten largest economies will look very different. The

might of United States of America (USA), Japan and Western European

countries like Germany and United Kingdom will slowly diminish and pave

way for the next surge of dominance in the form of countries like China, India

and Brazil. This notion, to my mind, is no longer a matter of opinion but

increasingly becoming a matter of fact. It is clear when India grows at around

8% per annum while most industrialized economies contract. It is clear when

China manufactures more and more of what the world consumes. It is clear

when the President of the USA tells students that ‘you are competing with the

kids not only in your own country but in India and China’.

This dissertation attempts to highlight this change by reflecting on the many

facets of this proposition and giving an overall view of this exciting alteration

in the world economy.

Item Type: Dissertation (University of Nottingham only)
Depositing User: EP, Services
Date Deposited: 25 Apr 2012 14:09
Last Modified: 01 Jan 2018 15:44

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