India has been ranked as third best country that will tide over the global economic crisis by a worldwide survey among business persons to understand the business morale and impact of the economic downturn.
According to the Servcorp International Business Confidence Survey, India has been ranked as the third most promising country to survive the economic crisis. Australia has been voted as the best place to be during the recession times by international business people, followed by China.
The third position is held jointly by India and Singapore while Hong Kong and Canada are in the fifth and sixth place respectively.
Interestingly, developing nations have emerged favourites among international businessmen as places which are best placed to tide over the recession as 21 of the 36 countries listed by the Servcorp International Business Confidence Survey are emerging market economies.
Source :- Times of India
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