In the words of the report’s joint authors John Hawksworth and Gordon Cookson: "The general message is that investors with long-time horizons should look beyond the BRICs — there are many other alternatives worth considering depending on the nature of the investment and the risk tolerance of the investor."
Some of the highlighted projections of this latest analysis:
* By 2050, the E7 emerging economies will be around 50% larger than the current G7 (US, Japan, Germany, UK, France, Italy and Canada)
* China is expected to overtake the US as the largest economy in around 2025
* India has the potential to nearly catch up with the US by 2050
* The projected list of fastest growing economies to 2050 is headed by Vietnam, and the top 10 includes Nigeria, Philippines, Egypt and Bangladesh.