POSTED BY Sundeep Dougal ON Nov 16, 2009 AT 04:02 IST ,  Edited At: Nov 16, 2009 05:34 IST

The Economist's annual collection of predictions for the year ahead is out and it forecasts: Pakistan will be messy but stable (unless there is catastrophic violence—an important assassination or a terrorist attack in India), China will become the world’s second-largest economy but will need to learn to chill, Obama will have a lousy year, Japan will remain in its fiscal black hole, NATO may lose in Afghanistan, the UK would get a regime change, the only thing harder to sell than a newspaper will be a newspaper company, green engineers would be way cooler than MBAs and, on July 11th, the world will watch a proud team win the FIFA World Cup in South Africa. In between, India's factories will overtake its farms: 

The monsoon once decided India’s economic fate. Now it only influences it. Agriculture’s share of India’s national output has dropped from 40% 30 years ago to 17% in 2009. Indeed, India’s economy is now on the cusp of an historic transition. In 2010 agriculture will account for a smaller share of GDP than manufacturing: India’s output of widgets will exceed its output of wheat, rice, cotton and the other fruits of the land. The factory will surpass the farm.

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POSTED BY Sundeep Dougal ON Nov 16, 2009 AT 04:02 IST ,  Edited At: Nov 16, 2009 05:34 IST
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2/D-42
Nov 16, 2009
12:38 PM
The predictions from the Economist does not take into account the social strife that is threatening a large swathe of area from Andhra to W.Bengal from the likes of Maoists.
S.S.Nagaraj
Bangalore, India
1/D-41
Nov 16, 2009
12:31 PM
I will leave alone the India part of the Economist's 'predictions for the year ahead'.That possibly is the glass is half-ful or half-empty.

One only hopes the astrologers the Economist got together for the 'predictions for the year ahead' included some Indian astrologers - how about Bejan Daruwalla?

Did the Economist suggest which luck stone to wear? I will read that part in my leisure.
MANISH BANERJEE
KOLKATA, India
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