WASHINGTON Newsecoinfo Reported - In 2025 the coming six major countries namely Brazil, China, India, Indonesia, South Korea, and Russia will enter the global growth and the international monetary system. Therefore, trade seprtinya no longer dominated by the single currency (USD).
It is revealed from the World Bank press release received by Legal Tuesday (05/17/2011). World Bank says, the shift map of the economy managed to push the growth in low-income countries through cross-border commercial and financial transactions.
This positive response by the Global Development Horizons 2011 multipolarity. He said, will form a new global economy, a group of developing economies. Economic groups will grow an average 4.7 percent per year between 2011 and 2025.
"rapid rise in developing countries has encouraged a shift, where economic growth centers distributed across the developed and developing countries," said World Bank chief economist who is also senior vice president for development economics Justin Lin Yifu.
Meanwhile middle class is expected to grow by 2.3 percent in the same period, but will remain prominent in the global economy in Europe, Japan, the United States. In addition, all predicted to play a central role in the problem of fuel. "That's really a multipolar world," he added.
He also estimates that, if the emerging market (developing countries) and the growth of multinational companies into force in reshaping the global industry, with investments growing rapidly. (Newsecoinfo)
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