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The UK’s stability in international GDP rankings
Bloomberg recently reported some good news that should cheer up readers in the U.K. While most advanced economies are expected to decline in the ranks when it comes to international GDP rankings, the U.K.’s position is expected to remain stable.
As large emerging markets like China, India, and Indonesia have been recording high growth rates for decades and their respective populations far outweigh those of Canada and Italy, emerging economies will surpass most developed economies in size.
Furthermore, rich countries like Italy, Germany, and Japan also suffer from a rapidly shrinking population
