India displaces Japan to become third-largest world economy in terms of PPP: World Bank
Economic Times ET Bureau 30 Apr, 2014 New Delhi: PPP ( purchasing power parity) is used to compare economics and incomes by adjusting for differences in prices and incomes to make meaningful comparisons between very different countries. In 2005, India was 10th in the world and in 2011 it is 3rd!
This Indian shopping center could be in any western country.
India has a population between 1.2-1.4 billion people compared to our population of 315 million. This map tells the tale of the density!
I wondered when that would happen! Thank you for an informative post, Anne! Big hugs, Cher xo
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India is slated to overtake China as most populist country on earth. . . . say around 2030. This is because of the one child policy in China while India doesn’t have that. China and India are very competitive and the Indians I have spoken to about China. . . . have no love for it . There was actually a war between the two, years ago and China whooped India.
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I recall the one child policy in China but I did not know that India does not have the same policy. Such interesting information, Anne. Thank you! Cher xo
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Wow, the population density compare to US is about 4:1 …
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It is hard to get your head around that. , right. . . . .
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Wow. Surprised
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