Signal G7 economic and political influence projected to shift to E7 by 2050

Summary

The Megatrends 2040 report projects that if current trends continue, the economic and political influence of the G7 will steadily move to the E7 by 2050. The G7 consists of the United States, the United Kingdom, France, Germany, Japan, Canada and Italy. The E7 comprises China, India, Indonesia, Brazil, Russia, Mexico and Turkey. This projection is part of a broader shift of economic power from established advanced economies toward emerging economies in the East and the South. The report expects the result to be a multipolar world with more regional powers and new geostrategic policies.