Latest Paris School of Economics News & Updates

New Delhi, June 5 (IANS) India is expected to surpass China in terms of its share of global GDP measured in purchasing power parity (PPP) by 2060, a report has said.The report from Paris School of Economics (PSE)-based World Inequality Lab (WIL) said that China’s contribution to global GDP is likely to decline in the second half of the 21st century.China’s share in world GDP currently around 20 per cent in PPP terms will remain large through the 2030s, but its rapidly falling population will wei…