Global economic power will shift to the East

February 3, 2007 at 2:58 pm 1 comment

David (MindShare Thailand) writes:

Three links to items about the other Big Switch – the unremitting eastward shift of global economic power, which Goldman Sachs predict could lead to the Indian economy overtaking first the UK’s within 10 years and then the USA’s by mid-century. The two Big Switches are inseparable.

“Indian economy to overtake UK”

” Multinationals lead India’s IT revolution”

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“Globalisation shakes the world”

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Entry filed under: all asia, india, media general.

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1 Comment Add your own

  • 1. mumbaiKar  |  February 3, 2007 at 3:37 pm

    Asset allocation models that suggest Large Cap Growth investment holdings are interpreting US large cap holdings as components of such portfolios. Your thoughts suggest that we should consider Indian Stock Market as portfolio holdings. Here in US, we have IIF, IFN, and INP which provide us direct access to the Indian markets.

    Beware through, Indian Market Crash can be quite bloody.

    Reply

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