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Where will we be in 2060?

Today, the wealthy countries of the OECD area account for almost two-thirds (65%) of world GDP. But by the time little Abigael is in her mid-50s, their share will fall to not much more than two-fifths (43%). That will be below the forecast combined share for China and India of 46%, which today account for just around a quarter of global economic activity. Average living standards in China and India, as measured by GDP per capita, will more than quadruple, although by 2060 they will still be well behind those of the leading economies.
Prediction pronounced on: 09-11-2012
Prediction ends on: 31-12-2060
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