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It is this papers firm belief that India is a rising super power, and will, in a few short years, surpass the USA and China. In this essay, I will explore the relevance of the above statement and evaluate how valid it is.
Which is an emerging market in South Africa?
2.0 South Africa as an Emerging Market According to Haley et al (2006) emerging markets “are those in low and middle- income countries characterized by lower standards of living with access to fewer goods and services than do most people in high income countries”.
Is the Indian economy still a developing country?
India’s economy is growing strong and at an extremely rapid pace. However, it is still a developing country, because of the poverty scattered about the country. 11.8% of all people in India fall below the international poverty line of US$ 1.25 per day. This is as indicated below. As shown on the map, we can see a…show more content…
Which is an example of an emerging power?
India is also a major space power. India’s growth is the perfect example of the powerful synergies created by a healthy democracy, open society and a robust economy.
Last Update: Oct 2021
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