E7 (countries)
The E7 is a group of seven countries with emerging economies. The E7 are predicted to have larger economies than the G7 countries by 2020.[1] The term was coined by the PricewaterhouseCoopers[2] in the Stern Review report, which was published on 30 October 2006. The E7 represents the seven major emerging economies.[3]
Below are the E7 countries and their predicted economies in 2050 [4][5] as predicted by Goldman Sachs:
Country | Economy in USD (billions) |
---|---|
China | 70,710 |
India | 69,668 |
Brazil | 11,366 |
Mexico | 9,340 |
Russia | 8,580 |
Indonesia | 7,010 |
Turkey | 3,943 |
The "Emerging 7" according to Peter Marber (author of Seeing the Elephant (2009)) states the 7 countries as follows: China, Russia, India, Indonesia, Mexico, Brazil and South Korea—as opposed to Turkey. The back-study to this is South Korea's rapid economic growth in 3 decades paired with enrollment rates (between 1966 to 1995); compared to the growth of the UK (150 years) and the US (100 years).
See also
References
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- http://www.e7countries.com
- http://www.pwc.com/gx/en/world-2050/impact-of-global-growth-on-carbon-emissions.jhtml
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