India likely to be world`s no. 1 economy by 2050: Citi

[prototype]

i think he was being sarcastic.......

ok,then he should add some smileys also with it,sorry to metro if that was all u meant,the problem is people mistook it.

 

[Frankenstein]

...Here come the trolls.

what do you expect?? hugs and kisses

 

[Brotherhood]

Actually the majority of younger generation of India not only believe they are on the blink of being a superpower in "economy" but a emerging "Super Power" in almost all aspects except for a few issues. here is a survey done in 2010:

Superpower India

Politically, young Indians believe their country is on the brink of achieving global superpower status.

Driven by growth rates that should hit 8 per cent again this year, 55 per cent of respondents believe India will be a superpower by 2020, against 24 per cent who think it will take longer.

India is increasingly a pivotal world power, coordinating its strategy at the Copenhagen climate summit with China and Brazil. It expects to get its UN Security Council seat this decade.

But young Indians are aware that their economic boom has not benefited all their countrymen; 56 per cent say that the poor are not getting their fair share of this new found wealth.

Fourteen months on from the Mumbai attacks, or 26/11 as it is known here, Islamic militants are seen as by far the greatest threat to India's security. The militants come over the border from Pakistan rather than being from home. This threat dominates the agenda here and made Indo-Pakistan relations fraught.

The greatest internal threat, according to India's prime minister, is the Naxals, the Maoist guerrillas fighting an insurgency against the state and mining companies in India's poor tribal areas.
Indian Winter survey: 'superpower by 2020' - Channel 4 News

 

[Frankenstein]

in 1950s (i guess) when Pakistan were one of the fastest growing economy, they might have thought that in 2000, they will take over US, now look what happened

The thing is, no one can tell the future, so please stop publishing nonsense

 

[prototype]

in 1950s (i guess) when Pakistan were one of the fastest growing economy, they might have thought that in 2000, they will take over US, now look what happened

The thing is, no one can tell the future, so please stop publishing nonsense

Nobody in 1950 thought so(infact never),from were did u get that idea?

 

[JayAtl]

If the US continues its current strategy of building and closely allying w/ India ( signs are very positive it is)
If NATO and developed countries continue w/ their plans of future investments moving away from China as no1 destination to India
If Japan who in 5 years promises to make India is no1 trading partner from china ( japan and its industrilist have annouced so)

Then you know this news will be true. The first tests are --how US is allying with New Delhi and vice versa and ! most importantly if Japan will switch to India as no1 trader. The things India can do to quicken this process is build its manufacturing base and infrastructure. ( and it is moving at a fast pace)

Gold Sachs did not predict the financial crisis , so them predicting about WHO is going to be no1 maybe be a temporary blip- then to be taken over for India!

 

[ares]

in 1950s (i guess) when Pakistan were one of the fastest growing economy, they might have thought that in 2000, they will take over US, now look what happened

The thing is, no one can tell the future, so please stop publishing nonsense

Well when an Economy is doing well..only a foolish country would start a war.. as Pakistan did in 1965..that was the beginning of your demise.

 

[DesiGuy]

in 1950s (i guess) when Pakistan were one of the fastest growing economy, they might have thought that in 2000, they will take over US, now look what happened

The thing is, no one can tell the future, so please stop publishing nonsense

not sure, if you made fun of india or pakistan in there.....! lol

 

[Frankenstein]

Nobody in 1950 thought so(infact never),from were did u get that idea?

just trying to say that nobody knows what will happen tomorrow heck you guys are talking about 2050

 

[Frankenstein]

not sure, if you made fun of india or pakistan in there.....! lol

it was a sarcasm, what part you didn't understand, i wasn't talking in Hebrew, was I?

 

[DesiGuy]

it was a sarcasm, what part you didn't understand, i wasn't talking in Hebrew, was I?

ooh, no, you weren't talking in Hebrew, but it was not sarcasm as well.....

 

[Nomenclature]

Man!,You Chinese are very good at calculations!

In case you fail to realize, knowing how to add a rofl icon doesn't make one look less clueless.

Incase you dont know our population growth rate is slowing down

Yes population growth changes, but predicting future population is still a far more established subject than predicting future GDP, especially in PPP terms. Actually, all reasonable predictions of future GDP must taken into account future population growth. One simply can not accept the conclusion of GDP growth while denying the underlying assumption of population growth.

According to Population Reference Bureau by 2050 India will have 1.74 billion people and China will have 1.43 billion, which makes Chinese population roughly 80% that of India.
http://www.prb.org/pdf10/10wpds_eng.pdf
So what I said still stands. By 2050 India may have a bigger economy but China will have a lot less people living in a far larger country.

 

[tanlixiang28776]

change the decimal places will you.

 

[Pickle]

In case you fail to realize, knowing how to add a rofl icon doesn't make one look less clueless.


Yes population growth changes, but predicting future population is still a far more established subject than predicting future GDP, especially in PPP terms. Actually, all reasonable predictions of future GDP must taken into account future population growth. One simply can not accept the conclusion of GDP growth while denying the underlying assumption of population growth.

According to Population Reference Bureau by 2050 India will have 17.4 billion people and China will have 14.3 billion, which makes Chinese population roughly 80% that of India.
http://www.prb.org/pdf10/10wpds_eng.pdf
So what I said still stands. By 2050 India may have a bigger economy but China will have a lot less people living in a far larger country.

Hello Nomenclature, you appear to have read the figures wrong India's population forecast for 2050 is 1.74 billion not 17.4 billiion.

 

[Nomenclature]

change the decimal places will you.

Done.
Thanks for spotting that.