The document summarizes economic trends predicted for the year 2015, including: - The US is expected to surpass Saudi Arabia in oil production for the first time. - China's economy will overtake the US to become the largest in the world based on purchasing power parity. - Tablets and hybrid devices will outsell desktop and laptop PCs. - Asia will account for 45% of new car registrations globally. - "Wearables" will be a major technology buzzword and topic. - Drones will see expanded commercial and industrial uses.

1. The World in 2015
The Economist

2. The world economy will grow a bit
faster in 2015 led by America.

3. America will produce 12 millions
barrels per day of Oil, more than
Saudi Arabia for the first time in
history.

4. The world’s economic center of
gravity is now in Iran in 2015, it
will somewhere between India
and china by 2050.

5. China’s outward foreign direct
investment will exceed inward
foreign direct investment, a
measure of a global power.

6. China’s GDP in purchasing power
parity terms will overtake US GDP
in 2015.

7. In 2015, tablets and hybrid
products will outsell desktop and
laptop PCs.

8. Global mobile phone subscriptions
( sim cards ) will be more than the
world population

9. US advertising revenue on the
internet in 2015 will be about 40
billion $, the same as revenue
from newspapers, magazines and
outdoors.

10. The most successful companies
will focus on connecting the
physical and digital worlds

11. The year’s buzzword will be
‘wearables’

12. Drones will be a hot topic in 2015
as the FAA decides by September
30 th on a policy to allow drones.

13. Drones will bring improvements
and cost cutting to film making,
news collection, search and
rescue, forensic photography,
firefighting, monitoring of
pipelines, volcanoes.

14. Development is not defined solely
on GDP per person. True
development includes sustainable
growth, inclusion, social cohesion,
governability, diversity,
transparency and accountability.

15. China will enter 205 as the world’s
largest economy in terms of PPP.

16. GDP Growths in 2015
Region Growth %
North America 3.2
Latin America 2.8
MENA 4.1
Sub Saharan Africa 4.5
Asia 6.0
Japan 1.6
Australasia 2.7

17. Change in real wages since 2005 %
Country %
China 150
Vietnam 60
Bangladesh 58
Thailand 30
Japan (2)
Pakistan (8)
India (10)

18. Asia will account for 45 % of the
73 million car registrations in
2015.

19. Oil price $/barrel
Year Price
2011 111
2012 112
2013 109
2014 104
2015 98

20. Entertainment spending
Medium 2011 spend
$bn
2015 spend $
bn
Television 218 254
Film 83 91
Video games 59 72
Music 42 42

21. Global advertising spending
Medium 2015 spend in $ bn % growth
Internet 149 12.2
Television 182 4.7
Outdoor 39 4.6
Radio 36 2.8
Cinema 68 1.9
Magazines 50 0.8
Newspapers 81 (0.6)

22. Retail sales Increase in 2015 %
Country %
India 17.2
Indonesia 14.8
China 13.7
Russia 9.8
Nigeria 7.4
US 4.9
Brazil 4.8

23. In 2015 there will be fewer pointless
initiatives, fewer meetings. Memos
will be shorter. Performance reviews
will be less unwieldy. For most things
three bullet points will be enough.
Productivity which has been flat
despite technology inputs will move
up in offices.