
Mark Johnson watches it head east:
Danny Quah of the London School of Economics (LSE) recently wrote a paper describing the dynamics of the global economy’s centre of gravity [WECG]. By economic centre of gravity he refers to the average location of the planet’s economic activity measured by GDP generated across nearly 700 identifiable locations on the Earth’s surface. … The graphic … shows, in 3 year intervals, the WECG 1980-2007 in black and projections for 2010 – 2049 in red.