Finance, Forex and Investments

Can the Philippines catch-up the economic trend of the so-called BRIMC (Brazil, Russia, India, Mexico, China)?

Modern economist predict that with in the span of 30-50 years the economy of China would surpass the US economy, India would somehow same as US today, Russia and Brazil second to US today, and Mexico third to the US economy today. I'm from the Philippines which is relatively developing and which the economy largely dependent to that of US, what would be the future of the countries same as the Philippines?

Public Comments

1. I'm a bit concerned where your infomation comes from. In the 30-50 year time frame, the USA is still expected to be in the number one slot followed by (in order) India, China, the EU, and Brazil. Mexico has been having huge economic troubles that are geting worse after some promise about ten years ago. Russia is not expecetd to fair well as the only item it has working in its favour is the petroleum industry and they have had little success in modernizing it to date and, as in the USA, their "easy" oil has already been found and exploited.
2. The best future for Philippines is to produce nurses and doctors to the rest of the world. You should triple the outcome and teach them other languages (beyond English)