China is set to overtake the U.S. as the world's number one economy, while India has jumped into third place ahead of Japan, according to a new study from the world's leading statistical agencies. The 2011 International Comparison Program (ICP), which …

The share of world economic output produced by developed economies is falling, but the incomes of people living in them continue to be well above the levels enjoyed by their counterparts in more rapidly-growing large developing economies, according to …

In one corner, Stephen Poloz, sober-sided career bureaucrat and rookie governor of the Bank of Canada. In the other corner, Thomas Piketty, international economic superstar author of the smash new book Capital in the 21st Century—with 121 hits on the …

Since the financial crisis, China has contributed around one quarter of global growth and even as it slows that contribution is still likely to increase given how big its economy has become. The news is likely to be greeted with delight by President Xi …

China is set to overtake the U.S. as the world's number one economy, while India has jumped into third place ahead of Japan, according to a new study from the world's leading statistical agencies. The 2011 International Comparison Program (ICP), which …

In a matter of six years, India emerged as the world's third-largest economy in 2011 from being the tenth largest in 2005, moving ahead of Japan, while the US remained the largest economy closely followed by China, latest figures have revealed.

In parallel, the Organisation for Economic Cooperation and Development (OECD), grouping 34 advanced economies and analysing the same data, said that “the three largest economies in the world were the United States with 17.1 per cent (of global output), …

"The United States remained the world's largest economy, but it was closely followed by China when measured using purchasing power parity," the ICP said in its report. According to expectations from the International Monetary Fund for growth between …

This past week at the Milken Conference in Los Angeles, a panel on risk featured warnings from the ever-cheery Nouriel Roubini that the Ukraine crisis could trigger a European recession that would in turn cause a global economic decline. Jim Rogers and …