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Europe predicted to lose hugely in world economy

Europe is doomed to become the big loser in world economics during the next 50 years.

Great China (China, Hong Kong, Macao and Taiwan) will be the number one player in the world economy by 2050 followed closely by North America (US, Canada and Mexico) while Europe will fall to become a second rank economic power.

These are the bleak projections of the French research centre, Institut Francais des Relations Internationales (Ifri), presented in the report 'World Trade in the 21st C...

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Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

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Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

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