November 18, 2010

World in a 20 year Economic Super Cycle

Per Standard Chartered’s research, the world is in a 20 year economic super cycle, a period of high economic growth, which is expected to last upto 2030.

The world economy will grow from $62 T today to $300 T by 2030. Most of the growth will come from emerging economies. China will grow at a 6.9% rate and India at 9.3% over the next 20 years.

Impressive!