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Showing posts from March, 2010

INDIA 2020

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HERE ARE EIGHT PREDICTIONS OF WHAT IT WILL LOOK LIKE IN 2020.
    1.INDIA WILL OVERTAKE CHINA AS THE FASTEST-GROWING ECONOMY IN THE WORLD.CHINA WILL START AGEING AND SUFFERING FROM A DECLINING WORKFORCE,AND WILL BE FORCED TO REVALUE ITS CURRENCY.SO ITS GROWTH WILL DEACCLERATE,JUST AS JAPAN DECELARATED IN THE 1990'S AFTER LOOKING UNSTOPPABLE IN THE 1980'S.HAVING BECOME THE WORLD'S SECOND-BIGGEST ECONOMY,CHINA'S EXPORT ORIENTED MODEL WILL ERODE SHARPLY-THE WORLD WILL NO LONGER BE ABLE TO ABSORB ITS  EPORTS AT THE EARLIER PACE.MEANWHILE,INDIA WILL GAIN DEMOGRAPICALLY WITH A GROWING WORK FORCE THAT IS MORE LITERATE THAN EVER BEFORE.THE POOER INDIAN STATES WILL CATCHUP WITH RICHER ONE.THIS WILL TAKE INDIA'S GDP GROWTH TO 10%BY 2020. 

    2.INDIA WILL BECOME THE LARGEST ENGLISH SPEAKING NATION IN THE WORLD,OVERTAKINGTHE US.SO THE GLOBAL PUBLISHING INDUSTRY WILL SHIFT IN A BIG WAY TO INDIA.RUPERT MURDOUCH'S  HEIRS WILL SELL HIS COLLEPSING MEDIA EMPIRE TO INDIAN BUYERS…