In determining which counties are richest, this cannot be quantified and qualified with the areas that they have but it is based on their GDP (Gross Domestic Product) per capita. Although some organizations are using PPP or Purchasing Power Parity in determining the richest countries in the world, nonetheless, GDP is still derived and based ...

One of Asia’s powerhouse economies, India is continuing its current success for new activities that defines its move to be a world leader. While it may seem that others foresee the country as a third world status, it is the tenth largest economy in the entire global arena.  Principles on the free market, introduced in 1991, helped boosted ...