Prediction: China to Become World's Largest Economy by 2016

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Looking to 2060: Long Term Prospects for the World, a report produced by the Organization for Economic Co-operation and Development (OECD) says China is projected to overtake the U.S. to become the world's largest economy as early as 2016.

“The United States is expected to cede its place as the world's largest economy to China, as early as 2016. India’s GDP is also expected to pass that of the United States over the long term."

Learn more here.

Report:  Looking to 2060:  Long Term Prospects for the World

Agenda For Growth: A Soul-Searching Exercise

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The following are remarks by Angel Gurría, OECD Secretary-General, delivered at the Official Monetary & Financial Institute Forum (OMFIF) Golden Series Lecture, July 2012 (still relevant today):

Thank you for this opportunity to present the OECD’s agenda for growth and our initiative on New Approaches to Economic Challenges (immediate download of PDF file) I think you’ll agree that now more than ever, we need to shine a brighter light on these issues.  Before I expand on this, let me first describe some of the economic and social realities we all face.

New Approaches to Economic Challenges: An OECD Agenda for Growth