KZN MONTHLY ECONOMIC NEWS LETTER August 2010

2010-09-13

World Economic Snippets:
India is an emerging economy and the 3rd largest economy in terms of purchasing power
Economic expansion largely based on the outsourcing of work from developed countries and a strong
manufacturing and export oriented industrial framework
Goldman Sachs, the Global Investment Bank, predicts that by 2035 India would be the third largest economy of
the world just after US and China.
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