As America gradually recovers from what most are calling the Great Recession the recovery though significant, will take time. There is increasing speculation that this decade might end up being America's lost decade just like the 90s for Japan. The US is on its way to recovery no doubt and the leading indicators show that the economic outlook for 2010 is looking way more positive than it did just a year ago. However no recovery from a recession is quick and painless and many speculate that the US GDP growth will continue to be substantially slow in the coming 5 years as it tries to remedy its
India and China have no doubt felt the impact of this Global recession cincinnati #5 jersey but are still greatly insulated from its impact due to their strong internal economies. While average yearly growth in US stock market in the next 5 years will continue to be in single digits, India and China will continue to have high double digit returns. The wise investor would invest significantly in the emerging markets of India and China and be a part of this explosive growth coming in the next 5 years.
Let us examine some factors in India's favor as it continues to grow in the next 5-10 years to become the global economic giant.
Importance of Education
Like most Eastern nations cincinnati #5 jersey the increasing middle class lay great emphasis on a strong education. ?This will not only increase the number of the available work force but also the quality of the work force. This will also make the government and private education institutions invest more into its education infrastructure. Also as the spread of technology increases at break neck speeds in India the $100 laptops and access to the Information Superhighway in the remotest of Indian villages will ensure that the Indian youth will have more access to educational resources than ever before and be more technologically and globally savvy.
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