The remarkable past and the prospective growth of the BRIC countries (Brazil, Russia, India and China) are drastically changing the economic picture of the world. Threats and opportunities for Slovenia are examined in this context starting with theoretical framework and evaluation of prospective studies like those of Shell and Goldman Sachs. Various 'what if' scenarios of the process of convergence of these countries especially China toward the present GDP per capita level at purchasing power in Slovenia are elaborated. Calculated S-time-distance is indicating that China may reach present Slovenia per capita BDP sometime between 2016 and 2021 (at 8% growth rate in 2019), even though the present level of Slovenia is more than three times that of China. If the difference between China and Slovenia growth rate would be 4% (calculations are given for different growth rates), which sound as realistic assumption, then convergence may happen in 31 years or in 2034. Though a new EU member Slovenia should try to benefit from the high growth of these countries by enhancing economic cooperation with them where the incremental demand will outpace that of developed countries.
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