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India’s Year

December 14th, 2005 · No Comments

The Economist writes:

In the coming year India will enjoy greater international prestige than at any time since independence in 1947. With an economy that could grow at more than 7% for the fourth year in succession, that prestige is based in part on sheer clout. Over the next half-century India will emerge as one of the worlds biggest economies and great powers. But Indias standing also reflects its greatest achievement: the almost uninterrupted preservation of democratic rule in a poor country of 1.1 billion people.

Tags: Emerging Markets

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