| From Indiatimes.com: Responding to IMF's scaling down of India's growth rate to 7.9%, Indian finance minister Chidambaram said, "(Even at 7.9%) India will still be the second fastest growing economy in the world."
That, Mr FM, is not quite true. In fact, this is just a frequently repeated myth that is fast acquiring such legitimacy that everyone believes it. Actually, there were 23 countries whose economies grew faster in 2007, with 19 growing at double-digit rates. Even China, with its 11.4% growth ranked only 12th in the list..... Full Article: Source
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