The Centre for Economics and Business Research reported that
World Economic League Table indicates Asian countries moving up while European
countries moving down. It expects European economy to shrink 0.6% in case the
crisis is solved and by 2% in case it is not. Russia is likely to become the
ninth largest economy next year and approach the forth place by 2020. India is
predicted to jump from being the 10th largest economy to the fifth
by 2020.
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