India ahead of Japan. Mexico ahead of Canada. And China breathing down US’ neck.

India is now the world’s third largest economy in terms of Purchasing Power Parity [PPP], moving ahead of Japan. This, according to a World Bank Report that is based on the bank’s 2011¬†International Comparison Program (ICP). The same report shows that Mexico’s economy is now ahead of Canada and China is close on USA’s heels.Continue reading “India ahead of Japan. Mexico ahead of Canada. And China breathing down US’ neck.”