WORLD BANK SEES RUSSIA AS ECONOMIC GIANT BY 2020.
Publication: Monitor Volume: 3 Issue: 167
A report just issued by the World Bank predicts that, by the year 2020, five new economic giants will dominate the global economy. They are Brazil, China, India, Indonesia, and Russia. Between them, they will account for one half of the world’s workforce. The World Bank says the emergence of these new economic powers should not worry western countries grouped under the OECD’s protective umbrella, but that smaller countries may be threatened. (BBC World Service, September 10)