Tuesday, December 20, 2016

The Power Of Demographics

As Britain grapples with a depreciating pound sterling in a post-Brexit era and India continues to grow rapidly since its economic liberalization in 1991, the two have swapped spots in the rankings of world economies. 

For the first time in 150 years, India has surpassed its erstwhile colonial master in terms of GDP, which is now the fifth largest in the world after the U.S., China, Japan and Germany.

With three countries in the top 5 being in Asia, the trend is clear that it make sense to be optimistic about the prospect of Asia.Additionally, there are a couple of medium size economies with more than 100m population growing at a faster clip compare to the average eg Vietnam, Indonesia, Philippines etc.

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