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Long-term global economic outlook

India is set to benefit from its demographic dividend, whereas China is expected to slow tremendously

Illustration by Ajay Mohanty
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Illustration by Ajay Mohanty

Akash Prakash
Capital Economics, a highly respected and independent economic research consultancy, recently released their forecasts for the global economy for the coming 20 years. They provided forecasts for the global economy as a whole, specific EM (emerging markets) regions as well as more granular country specific details, for 10 major countries including India.
 
Their forecasts are quite interesting, as in a major break from the current sell-side consensus, they do not believe that the future belongs to China. They are on the contrary more bullish than most on the US and India, both for different reasons.
 
Some of the
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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