Now Focus on Fast Growth in Per Capita Earnings

The rise of India and China in the previous 3 decades is absolutely nothing except incredible, historical and unmatched. The CEO was positive that India would overtake Germany to become the third biggest economy in the next three years. The increase of India and China in the previous three years is nothing short of magnificent, historical and extraordinary. Or is it since India’s democratic system has a cost to pay in terms of slower growth? There are many more questions concerning India’s poor efficiency when compared to China. If that is not achieved, then India might very well end up being the third biggest economy by 2047, but will be stuck in the middle income trap, and per capita income may stagnate well below 10,000 dollars. This has certainly been the fate of the majority of economies in the past fifty years, as documented by the World Bank, whose report reveals that only 34 countries have been able to transition from middle income to high earnings bracket, while 108 nations are stuck in the middle income trap.

Kingsman | Financial Advisor

Kingsman a 35-year-old financial advisor from London, UK, epitomizes the blend of analytical prowess and personable guidance. With a decade of experience in the financial sector, Kingsman has cultivated a reputation for his strategic approach to wealth management and investment advising. His journey began at the University of Oxford, where he graduated with honours in Economics, a discipline that fueled his fascination with the financial markets and their intricacies.

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