By the year 2020 which 5 countries will be the most powerful economies in the world?

Question

Give a strong explanation to your answer and why did you choose these countries.

Answer 1

1--United States--despite current superficial difficulties, we have the largest and strongest economy. In addition, we are on the verge of (yet another) technological revolution--that willmaintain our competitive advantage
2--United Europe--same as the US, on a bit smaller scale.
3--Japan again, same as the US and UE--Japan will probablybe smaller than India and China--but have the competitive advantage in technology, education, and experience as a industrial power.
4--India--India is investing wisely, and is working to adopt alternative enrgy now--rather than pour capital into outmoded energy technologies as is China
5--China. Sizewize, the gross national product may be approaching the US. But the per-capita will still be only a fith ours, at best. In addition, they are taking the wrong road on energy. Alternative energy is going to be a sine qua non by then--they are investing in technology verging on being obsolete. That's going to put their entire economy at a disadvantage. Further, the "China miracle" everyone is talking about is going to prove to be a bubble---and when it bursts, they will have major problems Especially political--China cannot maintain a one-party dictatorship indefinately with a open economy based on international trade. A fracture is inevitable.

Answer 2

Top 5 Powerful Countries

Answer 3

Let's call the E.U. a country. The U.S., E.U., China, Japan, and India, roughly in that order.

If the E.U. is not a country include Germany or the U.K. in its place (or both and knock off India).

Note: completely speculative, generally based on current rates of growth and change in policy, and not considering differences in population. While I can't say the same for overall GDP, I have no doubts that per capita the U.S. will stay dominant over the others listed.

Answer 4

Did you know that the 20th largest entity in the world by monetary turnover is a corporation not a country.

The 21st is Indonesia with 364 billion and 22nd Twaiwan with 356 billion
while Exxon Mobil had revenues of $365 billion

in 2000 Exxon Mobil was on place 26 and moved to 20. in 7 years...

the U.S. grew 5.4% on average per year in this time.
Exxon grew 11.6%on average per year in this time...

As of 2000 of the world's 100 largest economic entities, 51 were corporations and 49 countries.

so my prediction of the top 5 in 2020:

China
United States
Exxon-Mobil
Walmart
Lockheed-Martin

Answer 5

The United States, China, India, Japan and Germany

Answer 6

China will be number one. Mostly because of population numbers.
US may remain the major power. Just not the major producer. We have become a consumer economy.
The Russians will be there also. Many square miles, many people.
The Arab part of the world will always have the most money.
The collection of England and Europe will keep growing

Answer 7

you're questioning approximately this the incorrect way. it particularly is maximum suitable to teams international places by way of tiers by using fact all potential is relative. do no longer concentration on entire potential concentration on entire potential minus materials a rustic has to dissipate to counter different nearby threats. In different words, concentration on skill minus constraints no longer basically features. international large potential: united states of america Dominant nearby large Powers: Russia nearby large Powers Contending for Dominance: China/Japan India/Pakistan Iran/Turkey/Saudi Arabia South Africa/Angola Brazil/Argentina Germany/France/U.ok. (reckoning on no count number if Europe's disaster of the 2nd demands militia potential or a bailout) So in case you insist on making me checklist them i might bypass: a million. united statesA. 2. Russia 3. China 4. Japan 5. France My opportunities of China and Japan (the two are particularly interchangable - China has the bigger financial equipment and armed forces, yet Japan has the greater progressed technological base and an excellent army and better high quality air tension) are based on the certainty that the nearby potential shape in East Asia (between the three key areas of economic activity alongside Western Europe and North united states of america) is bipolar while Western Europe's is multipolar. My final determination had to come again from Western Europe and grow to be slightly a crap shoot, yet i desperate on France for an odd reason: whilst financial disaster hits France often companions with Germany on the middle of the E.U., and whilst militia disaster hits, France often companions with Britain to grant militia forces. This sounds unusual, yet France holds a pivot place in eu potential kinfolk between the E.U.-3, and that makes them very nearly continuously appropriate.

Answer 8

What world? Thing are so screwed up that by 2020 the only things that will be left by then will be cockroaches and that white stuff in the middle of Twinkies.

Answer 9

Northern China, Central China, Southern China, Western China and The Republic of Hilarity [bet you thought I would say Eastern China huh].

Answer 10

1. China
2. USA
3. Japan
4. Germany
5. ???

Just simply extrapolating from today, given current trends and populations.

However, when it comes to per capita wealth, the USA will still be #1. We can't help it of China outnumbers us 4:1 in population.