Fundamental Analysis Of Power Sector

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Charles M

 

Date added:

May 28, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

40 / 11067

 

Was viewed:

3711 times

 

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Essay content:

For over a century the United States has been the largest economy in the world but major developments have taken place in the world economy since then, leading to the shift of focus from the US and the rich countries of Europe to the two Asian giants- India and China. According to some experts, the share of the US in world GDP is expected to fall (from 21 per cent to 18 per cent) and that of India to rise (from 6 per cent to 11 per cent in 2025), and hence the latter will emerge as the third pole in the global economy after the US and China...
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By 2025 the India's economy is projected to be about 60 per cent the size of the US economy. The transformation into a tri-polar economy will be complete by 2035, with the Indian economy only a little smaller than the US economy but larger than that of Western Europe. By 2035, India is likely to be a larger growth driver than the six largest countries in the EU, though its impact will be a little over half that of the US...
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