World Economic Forum Financial Development Report 2012 shows India falling 4 places to 40th- Weak institutional, business environment and relative instability drag down otherwise strong performance
- First place goes to Hong Kong for second year, with Singapore (4) and Japan (8) also in top ten
- The Report, rankings (PDF and Excel) and country highlights can be downloaded at: http://www.weforum.org/issues/financial-development
Gurgaon, India, 31 October 2012 – India’s financial development remains at risk from the country’s continued inability to create the institutional framework and business environment to support growth, according to the fifth edition of the World Economic Forum’s Financial Development Report 2012 released today.
For the full release and supporting information, please visit:
http://www.weforum.org/nr_india1203