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Trends and Insights

30 Dec 2023

Global Economic Balance Shifting Towards BRIC by 2028

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By 2028, the collective GDP of G7 economies [is projected]( to be only 1.7 times greater than that of the BRICs, narrowing from 2.5 times in 2011. The substantial growth in emerging markets exemplified by BRIC countries contributes to a shifting global economic landscape.