{"id":22411,"date":"2018-01-12T15:37:49","date_gmt":"2018-01-12T12:37:49","guid":{"rendered":"http:\/\/www.textilegence.com\/?p=22411"},"modified":"2018-07-09T15:34:51","modified_gmt":"2018-07-09T12:34:51","slug":"world-economy-indicators-points-out-to-asia","status":"publish","type":"post","link":"https:\/\/www.textilegence.com\/en\/world-economy-indicators-points-out-to-asia\/","title":{"rendered":"World Economy Indicators Points Out To Asia"},"content":{"rendered":"<figure id=\"attachment_22406\" aria-describedby=\"caption-attachment-22406\" style=\"width: 382px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-22406 size-medium\" src=\"https:\/\/www.textilegence.com\/wp-content\/uploads\/2018\/01\/global-ekonomi-detail.jpg\" alt=\"World economy indicators points out to Asia\" width=\"382\" height=\"250\" \/><figcaption id=\"caption-attachment-22406\" class=\"wp-caption-text\">World economy indicators points out to Asia<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><strong>According to the report published by Cebr, India looks set to leapfrog Britain and France next year to become the world\u2019s fifth-largest economy. China is likely to overtake the United States as the world\u2019s No.1 economy in 2032.<\/strong><\/p>\n<p style=\"text-align: justify;\">London based Centre for <a href=\"https:\/\/www.textilegence.com\/en\/category\/topical\/textile-markets\/\" target=\"_blank\" rel=\"noopener\">Economics<\/a> and Business Research (Cebr) has published the 2018 World Economic League Table (<a href=\"https:\/\/cebr.com\/welt-2018\/\" target=\"_blank\" rel=\"noopener\">WELT2018<\/a>).\u00a0 WELT2018 comprises a report covering 192 countries with forecasts and ranking to 2032. This research done by Cebr is coveted for its insightful analysis and long-range forecasts that give confidence to business decision making.<\/p>\n<p style=\"text-align: justify;\">WELT 2018 provided clear insight into the world economy and the growth prospects for each of 192 countries. It also widened it scope by comprising forecasts for inflation and currency exchanges. A separately available database provides annual data for each of 192 countries over 30 years from 2002 to 2032. At a time of significant change for the world\u2019s economies; developments in construction and engineering sectors are emphasized which are important to growth, productivity and employment. Global mega projects such as the Chinese Belt and Road Initiative and the Indian infrastructural project are forecasted to change the shape of the world economy.<\/p>\n<p style=\"text-align: justify;\">Reviewing the report Reuters stated that India\u2019s economy will overtook Britain and France according to WELT 2018 forecasts. Cebr Deputy Chairman Douglas McWilliams said; \u201cDespite temporary setbacks &#8230; India\u2019s economy has still caught up with that of France and the UK and in 2018 will have overtaken them both to become the world\u2019s fifth largest economy in dollar terms.\u201d McWilliams said India\u2019s growth had been slowed by restrictions on high-value banknotes and a new sales tax.<\/p>\n<p style=\"text-align: justify;\">Thus India will become world\u2019s fifth largest economy. India\u2019s ascent is part of a trend that will see Asian economies increasingly dominate the top 10 largest economies over the next 15 years as well. In 2032 India will become world\u2019s third largest economy. According to the report in 2030 the largest economies will be the China, Japan and India triumvirate. Korea and Indonesia will be in the top 10 largest economies in 2032.<\/p>\n<h1 style=\"text-align: justify;\"><strong>Chine will be the largest economy in 2032<\/strong><\/h1>\n<p style=\"text-align: justify;\">Cebr\u2019s WELT2018 report forecasted that China is likely to overtake the United States as the world\u2019s No.1 economy in 2032. The report states because the impact of President Trump on trade has been less severe than expected; the USA will retain its global crown a year longer than anticipated in the last report.<\/p>\n<p style=\"text-align: justify;\">According to WELT 2018 while Britain looks set to lag behind France over the next couple of years; Cebr predicts that Brexit\u2019s effects on Britain\u2019s economy will be less than feared, allowing it to overtake France again in 2020.<\/p>\n<p style=\"text-align: justify;\">In Reuters\u2019 report review Russia is indicated as vulnerable to low oil prices and too reliant on the energy sector; and looked likely to fall to 17th place among the world\u2019s largest economies by 2032, from 11th now.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the report published by Cebr, India looks set to leapfrog Britain and France next year to become the world\u2019s fifth-largest economy. China is likely to overtake the United States as the world\u2019s No.1 economy in 2032. London based Centre for Economics and Business Research (Cebr) has published the 2018 World Economic League Table [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":25375,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[84,9859],"tags":[10739,9978,120,9979,9982],"class_list":{"0":"post-22411","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-guncel","8":"category-topical","9":"tag-asian-market-en","10":"tag-cebr","11":"tag-india","12":"tag-welt2018","13":"tag-world-economy"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>World Economy Indicators Points Out To Asia - Textilegence<\/title>\n<meta name=\"description\" content=\"London based Centre for Economics and Business Research (Cebr) has published the 2018 World Economic League Table (WELT2018). 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China is\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.textilegence.com\/en\/world-economy-indicators-points-out-to-asia\/\" \/>\n<meta property=\"og:site_name\" content=\"Textilegence Magazine and Digital Platform\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TextilegenceMagazine\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/TextilegenceMagazine\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-12T12:37:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-07-09T12:34:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.textilegence.com\/wp-content\/uploads\/2018\/01\/global-ekonomi-textilegence.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"742\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Engin Buz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/textilegence\" \/>\n<meta name=\"twitter:site\" content=\"@textilegence\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Engin Buz\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/world-economy-indicators-points-out-to-asia\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/world-economy-indicators-points-out-to-asia\\\/\"},\"author\":{\"name\":\"Engin Buz\",\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/#\\\/schema\\\/person\\\/46ccc7bfc34edbc7d46b6b189f88849f\"},\"headline\":\"World Economy Indicators Points Out To Asia\",\"datePublished\":\"2018-01-12T12:37:49+00:00\",\"dateModified\":\"2018-07-09T12:34:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/world-economy-indicators-points-out-to-asia\\\/\"},\"wordCount\":491,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/world-economy-indicators-points-out-to-asia\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.textilegence.com\\\/wp-content\\\/uploads\\\/2018\\\/01\\\/global-ekonomi-textilegence.jpg\",\"keywords\":[\"asian market\",\"cebr\",\"India\",\"WELT2018\",\"world economy\"],\"articleSection\":[\"G\u00fcncel\",\"Topical\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.textilegence.com\\\/en\\\/world-economy-indicators-points-out-to-asia\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/world-economy-indicators-points-out-to-asia\\\/\",\"url\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/world-economy-indicators-points-out-to-asia\\\/\",\"name\":\"World Economy Indicators Points Out To Asia - Textilegence\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/world-economy-indicators-points-out-to-asia\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.textilegence.com\\\/en\\\/world-economy-indicators-points-out-to-asia\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.textilegence.com\\\/wp-content\\\/uploads\\\/2018\\\/01\\\/global-ekonomi-textilegence.jpg\",\"datePublished\":\"2018-01-12T12:37:49+00:00\",\"dateModified\":\"2018-07-09T12:34:51+00:00\",\"description\":\"London based Centre for Economics and Business Research (Cebr) has published the 2018 World Economic League Table (WELT2018). 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The platform provides news, articles, and updates on various aspects of the textile industry, including sustainability, technological advancements, and market trends.","email":"editor@textilegence.com","telephone":"+90 212 442 24 12","legalName":"Textilegence Mag and Digital Platform","foundingDate":"2013-01-01","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"1","maxValue":"10"}},{"@type":"Person","@id":"https:\/\/www.textilegence.com\/en\/#\/schema\/person\/46ccc7bfc34edbc7d46b6b189f88849f","name":"Engin Buz","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.textilegence.com\/wp-content\/uploads\/2018\/12\/engin-buz.jpg","url":"https:\/\/www.textilegence.com\/wp-content\/uploads\/2018\/12\/engin-buz.jpg","contentUrl":"https:\/\/www.textilegence.com\/wp-content\/uploads\/2018\/12\/engin-buz.jpg","caption":"Engin Buz"},"description":"Engin Buz, Ankara \u00dcniversitesi \u0130leti\u015fim Fak\u00fcltesi Gazetecilik B\u00f6l\u00fcm\u00fc\u2019nden mezun olduktan sonra Y\u0131ld\u0131z Teknik \u00dcniversitesi\u2019nde Siyaset Bilimi ve Uluslararas\u0131 \u0130li\u015fkiler alan\u0131nda y\u00fcksek lisans\u0131n\u0131 tamamlam\u0131\u015ft\u0131r. 2000 y\u0131l\u0131ndan sonra \u00e7e\u015fitli yay\u0131nc\u0131l\u0131k \u015firketlerinde \u00e7al\u0131\u015fmaya ba\u015flayarak k\u00fclt\u00fcr-sanat ve daha sonra ekonomi haberleri haz\u0131rlam\u0131\u015ft\u0131r. 2009 y\u0131l\u0131ndan itibaren tekstil end\u00fcstrisine d\u00f6n\u00fck yay\u0131nlarda edit\u00f6r olarak g\u00f6rev alan Buz, 2013 itibariyle kurulan Textilegence\u2019de haber edit\u00f6r\u00fc olarak yer almaya ba\u015flam\u0131\u015ft\u0131r. 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