Led by India, South Asia going to be centre of global growth: IMF
LED by India, South Asia is moving towards becoming centre of global growth and could contribute about one-third of the world’s growth by 2040, according to a latest research by the International Monetary Fund. Notably, under the IMF’s geographical division of the world, South Asia does not include Afghanistan and Pakistan. For IMF, South Asia includes India, Bangladesh, Nepal, Sri Lanka, Bhutan, and Maldives. Under a substantial liberalisation scenario, supported by stepped-up efforts to improve ..