VIDEO from PricewaterhouseCoopers LLP Available on thenewsmarket.com: Global Financial Crisis Accelerates Shift in Economic Power to Emerging Economies

NEW YORK, Jan. 6, 2011 /PRNewswire/ -- See video from PricewaterhouseCoopers LLP at:

http://www.thenewsmarket.com/Releases/StoryDetailPage.aspx?GUID=9ea426d4-e788-49e8-9db9-8176d7843c6e  

The global financial crisis has accelerated the shift in economic power to emerging economies, says a report published by PwC. This is one of the conclusions from the latest in the series of PwC's 'The World in 2050' reports. Measuring GDP at purchasing power parities (PPPs) - which corrects for the fact that price levels tend to be lower in emerging economies - the analysis shows that the E7 emerging economies are likely to overtake the G7 economies before 2020.

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Story Id: 21171

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