kak1978
FULL MEMBER
- Joined
- Dec 31, 2009
- Messages
- 323
- Reaction score
- 0
Few Quotes from the original press release from BCG.
In terms of individual countries, the nations showing the largest absolute gains in wealth were the United States, China, the United Kingdom, and India.
Outlook
Tjun Tang, another BCG partner who worked on the report, said that the firm expects global wealth to grow at a compound annual rate of 5.9 percent from year-end 2010 through 2015—to about $162 trillion—driven by the performance of the capital markets and the growth of GDP in countries around the world. Wealth will grow fastest in emerging markets. In India and China, for example, it is expected to increase at a compound annual rate of 18 percent and 14 percent, respectively.
BCG - Press Release - Global Wealth Continues Its Strong Recovery with $9 Trillion Gain, but Pressures on Wealth Managers Persist, Says Study by The Boston Consulting Group
We are a growing Democratic nation. So progress is slow, but the outlook is excellent. Wait till corruption in India is tackled with upcoming legislative changes, It should give the growth rate a shot in the arm.
Now Pakistani's who are talking about Indian toilets, try to find out where your country is in that list or article instead of imagining China's success as yours.
In terms of individual countries, the nations showing the largest absolute gains in wealth were the United States, China, the United Kingdom, and India.
Outlook
Tjun Tang, another BCG partner who worked on the report, said that the firm expects global wealth to grow at a compound annual rate of 5.9 percent from year-end 2010 through 2015—to about $162 trillion—driven by the performance of the capital markets and the growth of GDP in countries around the world. Wealth will grow fastest in emerging markets. In India and China, for example, it is expected to increase at a compound annual rate of 18 percent and 14 percent, respectively.
BCG - Press Release - Global Wealth Continues Its Strong Recovery with $9 Trillion Gain, but Pressures on Wealth Managers Persist, Says Study by The Boston Consulting Group
We are a growing Democratic nation. So progress is slow, but the outlook is excellent. Wait till corruption in India is tackled with upcoming legislative changes, It should give the growth rate a shot in the arm.
Now Pakistani's who are talking about Indian toilets, try to find out where your country is in that list or article instead of imagining China's success as yours.
.. but you can use common sense also to know the figures are fairly good estimate.
