The leading analysts of the competent international organizations give surprising outlook on leadership among the global economies. The experts are sure that in the short-term, more precisely by 2028, the Chinese economy might take the top position and overleap the United States, holding the leadership for a long time. Besides, the optimistic forecasts concern the United Kingdom as well. The economists believe that in 2030 the UK will be the European largest economy leaving Germany behind. The factors necessary to achieve such results are demographics growth, lower taxes compared to the neighbors, and nonparticipation in the euro area’s economic problems. If such tendency is maintained and Germany fails to take up active steps, the UK will enjoy the title of the European economic leader. The consensus think that the UK’s major target is to focus on exports to fast developing markets, reshape trading relationship with its EU members, and decide on Scotland’s independence. In this case the country has great odds to become the second Western economy with the USA on the top of the list. Apart from this, the report from the Center for Economic and Business Research places a high value on fast growing markets of India, Brazil, and Russia. Thus, Indian GDP should be bigger than that of Japan due to the Japanese ultra-loose monetary policy aimed to weaken the local currency. Other forecasts are also optimistic: Brazil might take the 5th position by 2023, overtaking both Great Britain and Germany. Russia is going to reach the 6th position by 2018 among the global economies, India – 9th, Mexico – 12th, Korea – 13th, and Turkey – 13th.
