Where soon most people will live and there are hardly any jobs

Bangkok India reports by far the strongest growth among the world’s largest economies. In the second quarter, the economic output of the emerging country rose by 13.5 percent compared to the same period last year, as India’s statistical office announced on Wednesday. Even countries like Saudi Arabia, which are currently benefiting massively from high oil prices, cannot keep up.

But India’s rapid recovery may be short-lived. Economists are already expecting the economy to cool down significantly in the coming months as a result of interest rate hikes and a structural problem weighing on India’s economy: The country, which is forecast to become the most populous country in the world in the coming year, will succeed despite the increasing International investors are not interested in creating enough jobs for the large number of young people who pour into the labor market year after year.