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emerging economies

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Issue:

Miscellaneous

 

Written by:

Joanna P

 

Date added:

October 30, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 750

 

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5336 times

 

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This will not be the case in 2050 as per capita incomes of China and India will still be less than half of USA. · Large but not so rich population of China and India will keep demand for Consumer Goods and Commodities very high. The threshold income after which demand explodes is US$3000/annum. Almost 2bn people will join this income threshold in the next few years...
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This will not be the case in 2050 as per capita incomes of China and India will still be less than half of USA. · Large but not so rich population of China and India will keep demand for Consumer Goods and Commodities very high. The threshold income after which demand explodes is US$3000/annum. Almost 2bn people will join this income threshold in the next few years...
displayed 300 characters

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