India To Have One Of The Largest Working-Age Populations By 2030: McKinsey

India, China, and Indonesia are predicted to have the largest working-age populations among G20 countries by 2030, indicating a shift in economic geography towards Eastern nations, according to a report by McKinsey, which also highlights the varying trends of sustainability and inclusion among G20 economies.

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8/26/2023

Highlights: Decoding G20 - NDTV's Mega Conclave

India's G20 presidency has shaped its global future and brought the country to the forefront of the international stage, with discussions at the NDTV G20 Conclave focusing on energy transition, clean growth, digital economy, and India's rising global influence.

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Infographic: How the G20 Power Dynamic Shifted

The G20, which is meeting in New Delhi, India, has seen a major shift in power dynamics over the past two decades, with the BRICS bloc now having a slightly higher combined GDP than the US, and EU countries accounting for around 20% of the G20's economic output.

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India's G20 Presidency Lauded as Ambitious and Decisive, Achieving Consensus on Key Global Issues

India's G20 presidency has been hailed as highly ambitious, achieving 112 outcomes and presidency documents and addressing key global issues such as sustainable development goals, climate action, and women-led development, while receiving exceptional support from developing nations and emerging markets.

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G20 Shows India's Balancing Act Between West and BRICS As World Transitions to Multipolar Order

The G20 summit in New Delhi highlighted the shift in power dynamics, as Western leaders signed a joint statement on Ukraine with Russia, recognizing the need for realpolitik and the importance of India's role in the emerging multipolar world. The inclusion of the African Union in the G20 and calls to increase World Bank lending to developing countries further reflect this changing landscape.

9/11/2023

China's Slowdown Signals Global Economic Shift as Developing Nations Rise

The global economy is slowing down, but India and other developing countries are experiencing strong growth, while the G7 countries and China are struggling; however, the growth in developing countries is being engineered under conservative fiscal conditions, making it more sustainable, in contrast to the debt-fueled growth in the West and China. China's economic model is facing challenges, as it needs to shift from an investment-based model to a consumption-based one, but it lacks the administrative capacity to provide necessary services to its citizens. The world economy is experiencing a redistribution of power, with rising middle powers playing major powers against each other to secure concessions. While the world economy slows down, there are signs of improvement for individuals, with real wages turning positive in Western countries and labor's bargaining power increasing.

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Posted 8/26/2023, 7:02:00 AM

India To Have One Of The Largest Working-Age Populations By 2030: McKinsey

ndtv.com

Relevant topic timeline:

8/26/2023

Highlights: Decoding G20 - NDTV's Mega Conclave

9/6/2023

Infographic: How the G20 Power Dynamic Shifted

9/9/2023

India's G20 Presidency Lauded as Ambitious and Decisive, Achieving Consensus on Key Global Issues

9/11/2023

G20 Shows India's Balancing Act Between West and BRICS As World Transitions to Multipolar Order

9/11/2023

China's Slowdown Signals Global Economic Shift as Developing Nations Rise