Will services make the world rich?

A report by Capital Economics, a consultancy, argues that ai could lead to the “slow demise” of India’s service exports, cutting growth by 0.3-0.4 percentage points a year over the next decade.

To bulls, there is no stopping India from notching an even higher ranking. Shilan Shah of Capital Economics believes the country can become the world’s third-largest economy within the next decade. He...

Shilan Shah, senior India economist at Capital Economics, says India is far from immune — but is less exposed than many EM peers. “The economy is domestically driven.” While public debt has risen...