Population Dynamics: How Asia’s Face is Changing

Michael Backman

Chapter 1 in Asia Future Shock, 2008, pp 1-12 from Palgrave Macmillan

Abstract: Abstract The EIU estimates that, in 2020, China will be the world’s largest economy on a PPP basis, with a GDP of US$29,590 billion, while the US will be in second position at US$28,830 billion. But China will be a long way short on a market-based exchange rate basis — US$10,130 billion compared with the US at US$28,830 billion. India will be the world’s third biggest economy on a PPP basis, with a GDP of US$13,363 billion, and fourth biggest on a market-based exchange rate basis at US$3,228 billion.1 Figures as large as these are mind-boggling, almost to the point of being meaningless.

Keywords: Pension Fund; Pension System; Retirement Income; Public Pension Fund; Business Time (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59242-1_1

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DOI: 10.1057/9780230592421_1

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