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^^ That's true. Turkey and Malaysia have performed well even without the petro dollars.

this because they are more liberal and have concentrated on economy from beginning. at least for turkey it is true. for it turkey owes to kemal pasha.
 
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Actually it will reach with in a year in market prices terms as absolute GDP grown in India is around 15% which is the growth sans inflation. Here irony is GDP in nominal terms increases by 15% but in PPP terms its growth will be much less.
 
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Its not speculation .. its the fact. 2010 GDP is around 1.5T$ and the absolute growth for year 2011 is 16%, which makes 1.74T$.

"absolute growth" contain GDP growth,CPI and currency appreciation(Since we caculate our GDP by US Dollars),all of this are not absolute.

Well,we should admit that India is a fast growing economy,and maby or there's a great chance that India will have such a growth pace in which you speculated.Only after the publication of the offcial data can we claim this.

Cause we are dicussing things currently.Of cource,India has a bright economy futrue,I will not deny that.
 
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