E7 (countries) - Revision history

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	{{About\|the group of countries\|\|E7 (disambiguation){{!}}E7}}		{{About\|the group of countries\|\|E7 (disambiguation){{!}}E7}}
			{{Use dmy dates\|date=May 2022}}

	The '''E7''' (short for "Emerging 7") is the seven countries China, India, Brazil, ~~Mexico~~, Russia, Indonesia ~~and Turkey~~, grouped together because of their major [[Emerging markets\|emerging economies]].<ref>{{cite web\|url=https://www.bbc.co.uk/news/business-12133254\|title=~~BBC News -~~ UK economy risks 'playing in slow lane of history'\|date=2011-01-07\|publisher=~~Bbc.co.uk~~\|access-date=2012-01-29}}</ref> The term was coined by the economists [[John Hawksworth (economist)\|John Hawksworth]] and Gordon Cookson at [[PricewaterhouseCoopers]] in 2006.<ref>{{Cite web\|url=http://www.pwc.com/la/en/publications/assets/world_2050_brics.pdf\|title=The World in 2050\|last=Hawksworth\|first=John\|website=PricewaterhouseCoopers}}</ref>		The '''E7''' (short for "Emerging 7") is the seven countries China, India, Brazil, Turkey, Russia, Mexico and Indonesia, grouped together because of their major [[Emerging markets\|emerging economies]].<ref>{{cite web\|url=https://www.bbc.co.uk/news/business-12133254\|title=UK economy risks 'playing in slow lane of history'\|date=2011-01-07\|publisher=BBC\|access-date=2012-01-29}}</ref> The term was coined by the economists [[John Hawksworth (economist)\|John Hawksworth]] and Gordon Cookson at [[PricewaterhouseCoopers]] in 2006.<ref>{{Cite web\|url=http://www.pwc.com/la/en/publications/assets/world_2050_brics.pdf\|title=The World in 2050\|last=Hawksworth\|first=John\|website=PricewaterhouseCoopers}}</ref>

	The growth of the E7 countries has been characterized in comparison with its size versus the [[Group of Seven]] countries, which had made up many of the largest economies in the world in the 20th century. In 2011, the E7 were predicted to have larger economies than the [[G7 (economies)\|G7]] countries by 2020.<ref>{{cite web \|url=http://www.investmentweek.co.uk/investment-week/news/1936788/china-overtake-2018-pwc \|title=China to overtake US by 2018 - PwC \|author=Emma Dunkley \|date=2011-01-13\|access-date= 2012-04-16\|work=[[Investment Week]] \|publisher=Incisive Financial Publishing Limited}}</ref> By 2014, the E7 countries had passed the G7 countries based on [[purchasing power parity]] terms.<ref>{{Cite book\|url=https://books.google.com/books?id=GZzgDQAAQBAJ\|title=Promotional Strategies and New Service Opportunities in Emerging Economies\|last=Vipin\|first=Nadda\|last2=Sumesh\|first2=Dadwal\|last3=Roya\|first3=Rahimi\|date=2017-01-10\|publisher=IGI Global\|isbn=9781522522072\|language=en}}</ref> Other estimates said the E7 were 80% of the G7 in 2016 in PPP.<ref>{{Cite book\|url=https://books.google.com/books?id=hhiHDQAAQBAJ\|title=Integral Operational Leadership: A relationally intelligent approach to sustained performance in the twenty-first century\|last=Park\|first=Greg\|date=2016-11-18\|publisher=Routledge\|isbn=9781317070863\|language=en}}</ref> In 2016, another prediction estimated that the E7's economies would be larger than the G7 in 2030.<ref>{{Cite book\|url=https://books.google.com/books?id=DIF4CwAAQBAJ\|title=Managing and Leading People Through Organizational Change: The theory and practice of sustaining change through people\|last=Hodges\|first=Dr Julie\|date=2016-02-03\|publisher=Kogan Page Publishers\|isbn=9780749474201\|language=en}}</ref> ~~PWC~~ predicted that the E7 could be 75% larger than the G7 in PPP terms by 2050.<ref>{{Cite book\|url=https://books.google.com/books?id=gem_CwAAQBAJ\|title=The BRICS and Beyond: The International Political Economy of the Emergence of a New World Order\|last=Xing\|first=Li\|date=2016-03-16\|publisher=Routledge\|isbn=9781317040002\|language=en}}</ref>		The growth of the E7 countries has been characterized in comparison with its size versus the [[Group of Seven]] countries, which had made up many of the largest economies in the world in the 20th century. In 2011, the E7 were predicted to have larger economies than the [[G7 (economies)\|G7]] countries by 2020.<ref>{{cite web \|url=http://www.investmentweek.co.uk/investment-week/news/1936788/china-overtake-2018-pwc \|title=China to overtake US by 2018 – PwC \|author=Emma Dunkley \|date=2011-01-13\|access-date= 2012-04-16\|work=[[Investment Week]] \|publisher=Incisive Financial Publishing Limited}}</ref> By 2014, the E7 countries had passed the G7 countries based on [[purchasing power parity]] terms.<ref>{{Cite book\|url=https://books.google.com/books?id=GZzgDQAAQBAJ\|title=Promotional Strategies and New Service Opportunities in Emerging Economies\|last=Vipin\|first=Nadda\|last2=Sumesh\|first2=Dadwal\|last3=Roya\|first3=Rahimi\|date=2017-01-10\|publisher=IGI Global\|isbn=9781522522072\|language=en}}</ref> Other estimates said the E7 were 80% of the G7 in 2016 in PPP.<ref>{{Cite book\|url=https://books.google.com/books?id=hhiHDQAAQBAJ\|title=Integral Operational Leadership: A relationally intelligent approach to sustained performance in the twenty-first century\|last=Park\|first=Greg\|date=2016-11-18\|publisher=Routledge\|isbn=9781317070863\|language=en}}</ref> In 2016, another prediction estimated that the E7's economies would be larger than the G7 in 2030.<ref>{{Cite book\|url=https://books.google.com/books?id=DIF4CwAAQBAJ\|title=Managing and Leading People Through Organizational Change: The theory and practice of sustaining change through people\|last=Hodges\|first=Dr Julie\|date=2016-02-03\|publisher=Kogan Page Publishers\|isbn=9780749474201\|language=en}}</ref> PwC predicted that the E7 could be 75% larger than the G7 in PPP terms by 2050.<ref>{{Cite book\|url=https://books.google.com/books?id=gem_CwAAQBAJ\|title=The BRICS and Beyond: The International Political Economy of the Emergence of a New World Order\|last=Xing\|first=Li\|date=2016-03-16\|publisher=Routledge\|isbn=9781317040002\|language=en}}</ref>

	== List ==		== List ==
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	Below are the E7 countries and their predicted economies in 2050 <ref>{{cite web\|last=Thornton \|first=Philip \|url=https://www.independent.co.uk/news/business/news/new-e7-nations-will-overtake-g7-by-2050-468415.html \|archive-url=https://web.archive.org/web/20100127181121/http://www.independent.co.uk/news/business/news/new-e7-nations-will-overtake-g7-by-2050-468415.html \|url-status=dead \|archive-date=27 January 2010 \|title=New E7 nations 'will overtake G7 by 2050' - Business News - Business \|~~publisher~~=The Independent \|date=2006-03-03 \|access-date=2012-01-29}}</ref><ref>{{cite web\|url=http://wn.com/E7_(countries) \|title=E7 Countries \|publisher=Wn.com \|access-date=2012-01-29}}</ref> as predicted by [[Goldman Sachs]]:		Below are the E7 countries and their predicted economies in 2050<ref>{{cite web\|last=Thornton \|first=Philip \|url=https://www.independent.co.uk/news/business/news/new-e7-nations-will-overtake-g7-by-2050-468415.html \|archive-url=https://web.archive.org/web/20100127181121/http://www.independent.co.uk/news/business/news/new-e7-nations-will-overtake-g7-by-2050-468415.html \|url-status=dead \|archive-date=27 January 2010 \|title=New E7 nations 'will overtake G7 by 2050' – Business News – Business \|work=The Independent\|date=2006-03-03 \|access-date=2012-01-29}}</ref><ref>{{cite web\|url=http://wn.com/E7_(countries) \|title=E7 Countries \|publisher=Wn.com \|access-date=2012-01-29}}</ref> as predicted by [[Goldman Sachs]]:

	{\| class="wikitable"		{\| class="wikitable"
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	\| {{TUR}}		\| {{TUR}}
	\|7,943		\|6,943
	\|}		\|}

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{{Use dmy dates|date=February 2013}}
{{About|the group of countries||E7 (disambiguation){{!}}E7}}

The '''E7''' (short for "Emerging 7") is the seven countries China, India, Brazil, Mexico, Russia, Indonesia and Turkey, grouped together because of their major [[Emerging markets|emerging economies]].<ref>{{cite web|url=https://www.bbc.co.uk/news/business-12133254|title=BBC News - UK economy risks 'playing in slow lane of history'|date=2011-01-07|publisher=Bbc.co.uk|access-date=2012-01-29}}</ref> The term was coined by the economists [[John Hawksworth (economist)|John Hawksworth]] and Gordon Cookson at [[PricewaterhouseCoopers]] in 2006.<ref>{{Cite web|url=http://www.pwc.com/la/en/publications/assets/world_2050_brics.pdf|title=The World in 2050|last=Hawksworth|first=John|website=PricewaterhouseCoopers}}</ref>

The growth of the E7 countries has been characterized in comparison with its size versus the [[Group of Seven]] countries, which had made up many of the largest economies in the world in the 20th century. In 2011, the E7 were predicted to have larger economies than the [[G7 (economies)|G7]] countries by 2020.<ref>{{cite web |url=http://www.investmentweek.co.uk/investment-week/news/1936788/china-overtake-2018-pwc |title=China to overtake US by 2018 - PwC |author=Emma Dunkley |date=2011-01-13|access-date= 2012-04-16|work=[[Investment Week]] |publisher=Incisive Financial Publishing Limited}}</ref> By 2014, the E7 countries had passed the G7 countries based on [[purchasing power parity]] terms.<ref>{{Cite book|url=https://books.google.com/books?id=GZzgDQAAQBAJ|title=Promotional Strategies and New Service Opportunities in Emerging Economies|last=Vipin|first=Nadda|last2=Sumesh|first2=Dadwal|last3=Roya|first3=Rahimi|date=2017-01-10|publisher=IGI Global|isbn=9781522522072|language=en}}</ref> Other estimates said the E7 were 80% of the G7 in 2016 in PPP.<ref>{{Cite book|url=https://books.google.com/books?id=hhiHDQAAQBAJ|title=Integral Operational Leadership: A relationally intelligent approach to sustained performance in the twenty-first century|last=Park|first=Greg|date=2016-11-18|publisher=Routledge|isbn=9781317070863|language=en}}</ref> In 2016, another prediction estimated that the E7's economies would be larger than the G7 in 2030.<ref>{{Cite book|url=https://books.google.com/books?id=DIF4CwAAQBAJ|title=Managing and Leading People Through Organizational Change: The theory and practice of sustaining change through people|last=Hodges|first=Dr Julie|date=2016-02-03|publisher=Kogan Page Publishers|isbn=9780749474201|language=en}}</ref> PWC predicted that the E7 could be 75% larger than the G7 in PPP terms by 2050.<ref>{{Cite book|url=https://books.google.com/books?id=gem_CwAAQBAJ|title=The BRICS and Beyond: The International Political Economy of the Emergence of a New World Order|last=Xing|first=Li|date=2016-03-16|publisher=Routledge|isbn=9781317040002|language=en}}</ref>

== List ==
[[File:Map of E7.svg|thumb|300px|E7 countries.]]

The following table is an estimate for largest 10 economies by nominal GDP using PPP exchange rates for 2030 made by [[United Kingdom|UK]] based [[Standard Chartered]].<ref>{{cite web |title=These Could Be the World’s Biggest Economies by 2030 |url=https://www.bloomberg.com/news/articles/2019-01-08/world-s-biggest-economies-seen-dominated-by-asian-ems-by-2030 |access-date=12 January 2019}}</ref>
{| class="wikitable sortable" style="text-align: right"
!Rank
!Country
!2030
|-
|1
| align="left" |{{CHN}}
|64.2
|-
|2
| align="left" |{{IND}}
|46.3
|-
|3
| align="left" |{{USA}}
|31.0
|-
|4
| align="left" |{{IDN}}
|10.1
|-
|5
| align="left" |{{TUR}}
|9.1
|-
|6
| align="left" |{{BRA}}
|8.6
|-
|7
| align="left" |{{EGY}}
|8.2
|-
|8
| align="left" |{{RUS}}
|7.9
|-
|9
| align="left" |{{JPN}}
|7.2
|-
|10
| align="left" |{{GER}}
|6.9
|}<br />

Below are the E7 countries and their predicted economies in 2050 <ref>{{cite web|last=Thornton |first=Philip |url=https://www.independent.co.uk/news/business/news/new-e7-nations-will-overtake-g7-by-2050-468415.html |archive-url=https://web.archive.org/web/20100127181121/http://www.independent.co.uk/news/business/news/new-e7-nations-will-overtake-g7-by-2050-468415.html |url-status=dead |archive-date=27 January 2010 |title=New E7 nations 'will overtake G7 by 2050' - Business News - Business |publisher=The Independent |date=2006-03-03 |access-date=2012-01-29}}</ref><ref>{{cite web|url=http://wn.com/E7_(countries) |title=E7 Countries |publisher=Wn.com |access-date=2012-01-29}}</ref> as predicted by [[Goldman Sachs]]:

{| class="wikitable"
|+Economy in 2050
!Country
!Economy in <br>[[United States dollar|USD]] (billions)
|-
| {{CHN}}
| 70,710
|-
| {{IND}}
| 37,668
|-
| {{BRA}}
|11,366
|-
| {{MEX}}
|9,340
|-
| {{RUS}}
|8,580
|-
| {{IDN}}
|7,010
|-
| {{TUR}}
|7,943
|}

==See also==
* [[BRIC]]
* [[Emerging and growth-leading economies|EAGLEs]]
* [[Goldman Sachs]]
* [[G6 (EU)]]
* [[Group of Eight]]
* [[G20]]

==References==
{{reflist}}

{{International power}}

[[Category:Intergovernmental organizations]]
[[Category:2000s economic history]]
[[Category:Economic country classifications]]
[[Category:E7 (countries)| ]]

{{int-org-stub}}