High Technology Exports are diminishing in USA and they are trending exponentially in Israel and China. USA needs to re-focus on Hi-tech innovations for returning to technology growth. Click here to see graph.
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The Indian Economy is poised to join an exclusive group of Countries with $2 trillion in GDP. This exclusive club already has countries lead by US, China, Japan, Germany, UK, France and Italy.
India also is set to out pace it's Asian neighbor, China, to be the fastest major growing economy in the world. The economy is predicted to grow at 8.75% in 2011 and 9.25% in 2012. To continue it's growth, India will have to focus on continued emphasis on Growth-friendly economic policies that were implemented in the past twenty years. Hindustan Times in it's article on 3/4/2010 mentioned "prudent fiscal policies, continued emphasis on Foreign trade and investment, increased investment in transport and energy infrastructure, and improved educational standards will likely to hold the key to India's growth prospects". |
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