Philippines, 16th largest economy in 2050

OPTIMISTIC. HSBC's latest study shows the Philippines as the 16th largest economy by 2016
MANILA, Philippines - In its prediction on the “rise and fall of world economies,” HSBC Global Research said the Philippines could become the world’s 16th largest economy by 2050, according a global reports on Thursday, Jan. 12, 2012.
Helped by demographics and rising education standards, the Philippines is set to leapfrog 27 places, according reports on the HSBC prediction.

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