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In fact, as if China was not enough in causing considerable commotion in the world of business and investment (challenging the long held belief that the world will always remain divided between the developed prosperous North and the developing poor South), the question could now well be applied to the lumbering Indian elephant that seems to be chasing the Chinese dragon at some speed, with both projected to overtake most of the G6 countries by the time the new generation born today grow up and enter the work force. The chart below from a Goldman Sachs study of the BRIC (Brazil, Russia, India and China) economies, based on certain assumptions having regard to the present trends, graphically illustrates how the "catch-up" game is projected to unfold in the first half of this century:
According to this study, "India has the potential to show the fastest growth over the next 30 and 50 years...
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