Report
India will not be able to replace China as the world's economic powerhouse, even by 2050
Population ageing and declining productivity gains will lead to a very low growth rate in China, lower, for example, than in the United States in the medium term. As a result, many investors are betting on India to replace China as the driving force of the global economy . India has the potential for persistently strong growth, thanks to the productivity gains that will result from infrastructure investment, continued rapid labour force growth, and strong growth in IT services. But even assuming average real growth of 5% per year by 2050, India n GDP would only rise from 12% to 26% of US GDP between 2022 and 2050. The very low starting point for India’s per capita GDP prevents India from becoming a major economic power, even by 2050.
Provider
Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Other Reports from Natixis
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.