WORLD ECONOMY : GROWTH . IN LAST 25 YEARS & FUTURE AHEAD
The World Economy has grown in the last twenty five years from 1990 to 2015 from USD 23.7 Trillion to USD 73 T +. If we divide this economic growth into buckets of the Top 20 Economies , Next 50 Economies , Bottom 20 Economies , Next Last 50 and the reaming Middle 80 ( Total countries being 220) we see that in 1990 the Top 20 is worth 84 % of the Total world Economy whereas the Bottom 20 is worth only 0.01 % . There is some improvement in this in 2010 and 2015 when Top 20 comprises of 79 % of the world economy but still the Bottom 20 is worth 0.16 % only. If we look at some of the World's Top Economies , from 1970 to 2015 and the expected future 1n 2050 the world economy is expected to double to USD 146 T by 2050 and the Top 20 economies would be constituting 85 % of the total economy. The top economies and their rankings and GDPs from 1970 to 2050 as follows United Sates which was number 1 from 1970 would be displace to No 3 in ...