Please Share:: 
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
● The Credit Suisse Research Institute released its second annual
Global Wealth Report, the most comprehensive study of world
wealth, from the very bottom of the “wealth pyramid” to ultra high
net worth individuals.
● Key findings: Global wealth has doubled since 2000 thanks to
strong economic growth and rising populations in the emerging
world and stands at a record US$231 tn. In the next five years, the
analysis points to global wealth rising by 50% to US$345 tn.
● Emerging markets have remained the main wealth growth engine.
China is projected in 2016 to become the second largest source of
household wealth in the world with wealth rising by US$18 tn to
US$39 tn. The progress of wealth creation in the emerging world
is leapfrogging the path taken by the Western world. It took the
US more than 20 years to replicate this five-year forecast for
China.
● The report finds that emerging markets have considerable scope
to increase personal wealth given their much lower ratio of net
financial assets to income and debt-income ratio than the mature
economies.
What is wealth?
Household net worth or “wealth” is defined as the value of financial
assets plus real assets (principally housing) owned by individuals less
their debts. The figures are obtained by applying cutting-edge
techniques to data derived from a great variety of sources. In the
longer Credit Suisse Global Wealth Databook that accompanies this
report, the methodology employed is described in more detail.
Why wealth?
Wealth is one of the key components of the economic system. It is
valued as a source of finance for future consumption, especially in
retirement, and for reducing vulnerability to shocks like unemployment,
ill health or natural disasters. Wealth also enhances opportunities for
informal sector and entrepreneurial activities, when used either
directly or as collateral for loans. These functions are less important in
countries that have adequate social safety nets, good public health
care, high quality public education, generous state pensions and welldeveloped
business finance.
The world wealth spectrum
In summary, the Credit Suisse Global Wealth Report provides a
comprehensive picture of world wealth – all parts of the wealth spectrum
from rich to poor, across a wide range of countries and regions.
Wealth is unevenly distributed. Our analysis finds some stark
differences in the distribution of wealth. The bottom half of the global
population owns barely 1% of global wealth. In sharp contrast, the
richest 10% own 84% of the world’s wealth, with the top 1% alone
accounting for 44% of global assets.
In time, we expect that the distribution of the world’s wealth will
become more even, with China and India likely to be the major
catalysts toward such a trend.
Wealth and age
An aging population and the associated need for retirement provision
is a global driver of wealth accumulation but is expected to increase
the demand for financial assets relative to real assets like housing.
Saving for retirement and other factors lead to a distinct age profile
with regard to wealth holdings and personal debt. The links between
wealth and age have important implications for global aging in future,
increasing demand for financial assets, for example, relative to real
assets like housing. We employ new data and analysis on long-term
patterns in wealth and on the link between wealth and aging.
Figure : Top 20 contributors of global wealth growth in value terms
(early 2010 to mid-2011)
Ranking Country Increase in total wealth (USD billion)
1 USA 4,555
2 China 4,072
3 Japan 3,805
4 Brazil 1,870
5 Australia 1,855
6 India 1,272
7 Canada 865
8 Switzerland 735
9 France 684
10 Mexico 551
11 United Kingdom 514
12 Germany 461
13 South Korea 421
14 Indonesia 420
15 Sweden 409
16 Taiwan 387
17 South Africa 339
18 Singapore 307
19 Colombia 228
20 Norway 218
Source: Credit Suisse Global Wealth Databook 2011
Looking ahead, we expect to see total world wealth increase by 50%
to US$345 tn by end-2016. China should add a total of US$18 tn to
the stock of global wealth in the next five years, surpassing Japan as
the second-wealthiest country in the world, with total household
wealth reaching almost US$39 tn in 2016. The USA should remain top
of the wealth league though, with US$81 tn by 2016.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
● The Credit Suisse Research Institute released its second annual
Global Wealth Report, the most comprehensive study of world
wealth, from the very bottom of the “wealth pyramid” to ultra high
net worth individuals.
● Key findings: Global wealth has doubled since 2000 thanks to
strong economic growth and rising populations in the emerging
world and stands at a record US$231 tn. In the next five years, the
analysis points to global wealth rising by 50% to US$345 tn.
● Emerging markets have remained the main wealth growth engine.
China is projected in 2016 to become the second largest source of
household wealth in the world with wealth rising by US$18 tn to
US$39 tn. The progress of wealth creation in the emerging world
is leapfrogging the path taken by the Western world. It took the
US more than 20 years to replicate this five-year forecast for
China.
● The report finds that emerging markets have considerable scope
to increase personal wealth given their much lower ratio of net
financial assets to income and debt-income ratio than the mature
economies.
What is wealth?
Household net worth or “wealth” is defined as the value of financial
assets plus real assets (principally housing) owned by individuals less
their debts. The figures are obtained by applying cutting-edge
techniques to data derived from a great variety of sources. In the
longer Credit Suisse Global Wealth Databook that accompanies this
report, the methodology employed is described in more detail.
Why wealth?
Wealth is one of the key components of the economic system. It is
valued as a source of finance for future consumption, especially in
retirement, and for reducing vulnerability to shocks like unemployment,
ill health or natural disasters. Wealth also enhances opportunities for
informal sector and entrepreneurial activities, when used either
directly or as collateral for loans. These functions are less important in
countries that have adequate social safety nets, good public health
care, high quality public education, generous state pensions and welldeveloped
business finance.
The world wealth spectrum
In summary, the Credit Suisse Global Wealth Report provides a
comprehensive picture of world wealth – all parts of the wealth spectrum
from rich to poor, across a wide range of countries and regions.
Wealth is unevenly distributed. Our analysis finds some stark
differences in the distribution of wealth. The bottom half of the global
population owns barely 1% of global wealth. In sharp contrast, the
richest 10% own 84% of the world’s wealth, with the top 1% alone
accounting for 44% of global assets.
In time, we expect that the distribution of the world’s wealth will
become more even, with China and India likely to be the major
catalysts toward such a trend.
Wealth and age
An aging population and the associated need for retirement provision
is a global driver of wealth accumulation but is expected to increase
the demand for financial assets relative to real assets like housing.
Saving for retirement and other factors lead to a distinct age profile
with regard to wealth holdings and personal debt. The links between
wealth and age have important implications for global aging in future,
increasing demand for financial assets, for example, relative to real
assets like housing. We employ new data and analysis on long-term
patterns in wealth and on the link between wealth and aging.
Figure : Top 20 contributors of global wealth growth in value terms
(early 2010 to mid-2011)
Ranking Country Increase in total wealth (USD billion)
1 USA 4,555
2 China 4,072
3 Japan 3,805
4 Brazil 1,870
5 Australia 1,855
6 India 1,272
7 Canada 865
8 Switzerland 735
9 France 684
10 Mexico 551
11 United Kingdom 514
12 Germany 461
13 South Korea 421
14 Indonesia 420
15 Sweden 409
16 Taiwan 387
17 South Africa 339
18 Singapore 307
19 Colombia 228
20 Norway 218
Source: Credit Suisse Global Wealth Databook 2011
Looking ahead, we expect to see total world wealth increase by 50%
to US$345 tn by end-2016. China should add a total of US$18 tn to
the stock of global wealth in the next five years, surpassing Japan as
the second-wealthiest country in the world, with total household
wealth reaching almost US$39 tn in 2016. The USA should remain top
of the wealth league though, with US$81 tn by 2016.
No comments:
Post a Comment