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Old June 28th, 2006, 10:41 AM   #1
darielqrenz
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Indonesia will overtake british economy

hey guys im a newbie here.. im gonna recognise my lovely country to other nation such as those filipnos weirdo,, i just saw their immaturity.. they dont want to lose against us in fact our country has already overtake the philippines according to gni per capita indonesia $1270 while the philippines only $1070 (est. 2005) and according to gdp indonesia around 280,000 billion while the philippines only 96,000
heres the resource of our economy in 2050.. just have a look guys

http://business.timesonline.co.uk/ar...066804,00.html
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Old June 28th, 2006, 11:16 AM   #2
F-ian
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whoa don't call them weirdo thats kinda offending why weirdo?
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Old June 28th, 2006, 11:20 AM   #3
F-ian
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BTW here was the news:

Indonesia 'will overtake British economy'

By Gabriel Rozenberg, Economics Reporter



MEXICO and Indonesia will both have bigger economies than the UK by 2050, according to a report out today which outlines the massive potential of the world’s emerging nations.
The report examines long-term demographic trends to suggest that countries such as Mexico, Indonesia, Brazil and Turkey all have young and fast-growing populations compared with the UK and continental Europe, putting them in line for significantly higher long-term growth rates.



India is forecast to have the fastest growth rate in its working-age population of any major economy in the next 50 years, while China is projected to become the world’s biggest economy in that time.

The report collectively identifies all these countries, together with Russia, as the “E7” group of emerging economies which it estimates will grow to become 75 per cent larger than the G7 group by 2050.

These seven countries hold between them nearly half the world’s population.

John Hawksworth, the head of macroeconomics for PricewaterhouseCoopers (PwC), who wrote the report, said that India had the potential be the fastest-growing economy in the world, overtaking China.

In US dollar terms, he forecast that India would grow by an average of 7.6 per cent a year between now and 2050, with Indonesia on 7.3 per cent and China at 6.3 per cent.

Mexico would see growth of 4.8 per cent a year, far ahead of the US on 2.4 per cent or the UK on just 1.9 per cent, his report predicted.

On a purchasing power parity measure, which adjusts GDP by the cost of living in each country, China will be 43 per cent larger than the US by 2050 and India will be the same size, PwC forecasts.

The fourth-biggest economy would be Brazil, followed by Japan, and then Indonesia and Mexico. Germany and the UK would drop to joint eighth place, down from third and fifth today.

However, Mr Hawksworth said that Britain should see being overtaken by these economies as an opportunity, and not a threat. He said: “UK companies need to factor these projections into their future planning to ensure they are best placed to take advantage of these opportunities.”

With investment in education, Britain could successfully specialise to its advantage while enjoying the benefits of low-cost imports from emerging markets, he said.

Figures from the Office for National Statistics highlight the size of the opportunity for UK companies.

The figures show that the share of Britain’s exports going to the “E7” economies was just 5 per cent in 2004. This compared with about 44 per cent going to the other six G7 countries.
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Old June 28th, 2006, 11:21 AM   #4
darielqrenz
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well,,

its not actually weirdo.. im kinda overacting,, hhe
i was going to put immature ,,, XD
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Old June 28th, 2006, 11:23 AM   #5
darielqrenz
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is it surprising u?? Im just feel usual to see those info rite..
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Old June 28th, 2006, 11:25 AM   #6
F-ian
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how do you know about them being like that?where did you see? not all of them are like that you know there are a lot of imature Indonesians too that have no pride

(just trying to be equal)
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Old June 28th, 2006, 11:39 AM   #7
darielqrenz
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u know in city vs city section?? many of our friends has been pissed off by those immature filipino, ask to encon or sum1 else
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Old June 28th, 2006, 12:17 PM   #8
JustHorace
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Hmmm... Thanks for being unbiased Gluttony. Like I said, dariel, in the Philippine Forum, it's good to see your economy growing fast. Anyway, which countries are part of the so-called E7?
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Old June 28th, 2006, 12:17 PM   #9
F-ian
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Quote:
Originally Posted by darielqrenz
u know in city vs city section?? many of our friends has been pissed off by those immature filipino, ask to encon or sum1 else
that was a long time ago. they closed the city vs city section long before you were here.
is it the City Vs City.com?
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Old June 28th, 2006, 06:57 PM   #10
darielqrenz
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well.. i knoe its kinda long time ago but.. as u know i just joined yesterday.. hhee PEACE
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Old June 28th, 2006, 08:33 PM   #11
David-80
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dariel, lets not bring this matter into city vs city...or i will have to close this thread. Thanks..

cheers
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Old June 28th, 2006, 08:37 PM   #12
darielqrenz
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owh okay i will not bring this matter city vs city section but please dont close this thread ok?
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Old June 29th, 2006, 11:19 AM   #13
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if Indonesia smarter ... we can be in 3/4 .... after CN,IN and US

Indonesia already 242 mil. people ? .... wow .. produce so many babbies
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