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E7 (countries)

The E7 (short for "Emerging 7") is the seven countries Brazil, China, India, Indonesia, Mexico, Russia and Turkey, grouped together because of their major emerging economies.[1] The term was coined by the economists John Hawksworth and Gordon Cookson at PricewaterhouseCoopers in 2006.[2]

The growth of the E7 countries has been characterized in comparison with its size versus the Group of Seven countries, which had made up many of the largest economies in the world in the 20th century. In 2011, the E7 were predicted to have larger economies than the G7 countries by 2020.[3] By 2014, the E7 countries had passed the G7 countries based on purchasing power parity terms.[4] Other estimates said the E7 were 80% of the G7 in 2016 in PPP.[5] In 2016, another prediction estimated that the E7's economies would be larger than the G7 in 2030.[6] PwC predicted that the E7 could be 75% larger than the G7 in PPP terms by 2050.[7]

List

 
E7 countries.

The following table is an estimate for largest 10 economies by nominal GDP using PPP exchange rates for 2030 made by UK based Standard Chartered.[8]

Rank Country 2030
1   China 64.2
2   India 46.3
3   United States 31.0
4   Indonesia 10.1
5   Turkey 9.1
6   Brazil 8.6
7   Russia 7.9
8   Japan 7.2
9   Germany 6.9
10   Egypt 6.1


Below are the E7 countries and their predicted economies in 2050[9][10] as predicted by Goldman Sachs:

Economy in 2050
Country Economy in
USD (billions)
  China 70,710
  India 37,668
  Brazil 11,366
  Mexico 9,340
  Russia 8,580
  Indonesia 7,010
  Turkey 6,943

See also

References

  1. ^ "UK economy risks 'playing in slow lane of history'". BBC. 7 January 2011. Retrieved 29 January 2012.
  2. ^ Hawksworth, John. "The World in 2050" (PDF). PricewaterhouseCoopers.
  3. ^ Emma Dunkley (13 January 2011). "China to overtake US by 2018 – PwC". Investment Week. Incisive Financial Publishing Limited. Retrieved 16 April 2012.
  4. ^ Vipin, Nadda; Sumesh, Dadwal; Roya, Rahimi (10 January 2017). Promotional Strategies and New Service Opportunities in Emerging Economies. IGI Global. ISBN 9781522522072.
  5. ^ Park, Greg (18 November 2016). Integral Operational Leadership: A relationally intelligent approach to sustained performance in the twenty-first century. Routledge. ISBN 9781317070863.
  6. ^ Hodges, Dr Julie (3 February 2016). Managing and Leading People Through Organizational Change: The theory and practice of sustaining change through people. Kogan Page Publishers. ISBN 9780749474201.
  7. ^ Xing, Li (16 March 2016). The BRICS and Beyond: The International Political Economy of the Emergence of a New World Order. Routledge. ISBN 9781317040002.
  8. ^ "These Could Be the World's Biggest Economies by 2030". Bloomberg.com. 8 January 2019. Retrieved 12 January 2019.
  9. ^ Thornton, Philip (3 March 2006). . The Independent. Archived from the original on 27 January 2010. Retrieved 29 January 2012.
  10. ^ "E7 Countries". Wn.com. Retrieved 29 January 2012.


countries, this, article, about, group, countries, other, uses, short, emerging, seven, countries, brazil, china, india, indonesia, mexico, russia, turkey, grouped, together, because, their, major, emerging, economies, term, coined, economists, john, hawkswort. This article is about the group of countries For other uses see E7 The E7 short for Emerging 7 is the seven countries Brazil China India Indonesia Mexico Russia and Turkey grouped together because of their major emerging economies 1 The term was coined by the economists John Hawksworth and Gordon Cookson at PricewaterhouseCoopers in 2006 2 The growth of the E7 countries has been characterized in comparison with its size versus the Group of Seven countries which had made up many of the largest economies in the world in the 20th century In 2011 the E7 were predicted to have larger economies than the G7 countries by 2020 3 By 2014 the E7 countries had passed the G7 countries based on purchasing power parity terms 4 Other estimates said the E7 were 80 of the G7 in 2016 in PPP 5 In 2016 another prediction estimated that the E7 s economies would be larger than the G7 in 2030 6 PwC predicted that the E7 could be 75 larger than the G7 in PPP terms by 2050 7 List Edit E7 countries The following table is an estimate for largest 10 economies by nominal GDP using PPP exchange rates for 2030 made by UK based Standard Chartered 8 Rank Country 20301 China 64 22 India 46 33 United States 31 04 Indonesia 10 15 Turkey 9 16 Brazil 8 67 Russia 7 98 Japan 7 29 Germany 6 910 Egypt 6 1Below are the E7 countries and their predicted economies in 2050 9 10 as predicted by Goldman Sachs Economy in 2050 Country Economy in USD billions China 70 710 India 37 668 Brazil 11 366 Mexico 9 340 Russia 8 580 Indonesia 7 010 Turkey 6 943See also EditBRIC EAGLEs Goldman Sachs G6 EU Group of Eight G20References Edit UK economy risks playing in slow lane of history BBC 7 January 2011 Retrieved 29 January 2012 Hawksworth John The World in 2050 PDF PricewaterhouseCoopers Emma Dunkley 13 January 2011 China to overtake US by 2018 PwC Investment Week Incisive Financial Publishing Limited Retrieved 16 April 2012 Vipin Nadda Sumesh Dadwal Roya Rahimi 10 January 2017 Promotional Strategies and New Service Opportunities in Emerging Economies IGI Global ISBN 9781522522072 Park Greg 18 November 2016 Integral Operational Leadership A relationally intelligent approach to sustained performance in the twenty first century Routledge ISBN 9781317070863 Hodges Dr Julie 3 February 2016 Managing and Leading People Through Organizational Change The theory and practice of sustaining change through people Kogan Page Publishers ISBN 9780749474201 Xing Li 16 March 2016 The BRICS and Beyond The International Political Economy of the Emergence of a New World Order Routledge ISBN 9781317040002 These Could Be the World s Biggest Economies by 2030 Bloomberg com 8 January 2019 Retrieved 12 January 2019 Thornton Philip 3 March 2006 New E7 nations will overtake G7 by 2050 Business News Business The Independent Archived from the original on 27 January 2010 Retrieved 29 January 2012 E7 Countries Wn com Retrieved 29 January 2012 This article about an international organization is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title E7 countries amp oldid 1143028861, wikipedia, wiki, book, books, library,

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