Here’s Why India Is About To BecomeThe World’s Most Important Economy
Move over, China.
Don’t tell Donald Trump, but China’s days as the globe’s most exciting economy are numbered.
That’s because while China’s workforce has already begun to shrink, in part as a result of the country’s one-child policy, its neighbor to the West, India, is growing its workforce at a breakneck pace.
According to Ernst and Young, the Indian workforce will grow to 900 million strong by 2020. To put that in perspective, the American workforce, which is the third largest in the world, comes in at just under 160 million people.