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Harvard University Estimate: India will be the fastest growing country in 10 years
Posted on: 24/Dec/2015 3:56:39 PM
The world-famous Harvard University has informed that India will be the (economically) fastest growing country in the world in 10 years.
As far as the South Asian countries are concerned, China will continue to experience a down-trend on the economic front.
A brief on the statistics revealed in this regard by CID (Centre for Industrial Development):
India will continue at the economic growth of 7 percent per year. However, China`s economic growth will stay-put at a steady 4.3 percent.
Especially, economic growth in the East Asia region including countries like Uganda, Tanzania, and Kenya would be 5.5 percent.
Other countries like Philippines, Indonesia, and Vietnam will grow at a higher rate as compared to the average.
USA will grow economically at 2.8 percent, Britain at 3.2 percent, and Spain at 3.4 percent every year.
At the same time the economic growth of countries like Germany & Italy will have a set-back.
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