Global Development Horizons 2011: Multipolarity - The New Global Economy

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The book explores the significant shift in global economic power by 2025, highlighting how six emerging economies—Brazil, China, India, Indonesia, South Korea, and Russia—will drive over half of global growth. It emphasizes the projected annual growth rate of these economies at 4.7%, alongside an increase in their share of global GDP from 36% to 45%. In contrast, advanced economies are expected to grow at a slower rate of 2.3%, yet they will continue to play a crucial role in the global economic landscape.