Sectorial indices are greatly useful when it comes to economy of nations. By viewing their rate of growth, we can say how the country is aligned with the global trend. For the past couple of days we see the rapid growth of IT sectors and how they are affecting the economy. We can briefly calculate the number of opportunities they are offering.
Looking at the rate of growth of the world, we could arguably say that the growth is accelerated from the last two decade. The graph is clearly exponential. It is already predicted that the it would be further exponential. From the eyes of this decade, it is most likely to find a horizontal graph when looking at couple of centuries before. There were agricultural, industrial and even the cognitive revolution took place. It is considered to be the slow growth period relative to what is happening now. But for a person living at the time of industrial revolution must have thought that it was the biggest ever revolution that happened so far. That is totally right. Not a single country dared to expel it. Most of them feared of being left behind. Revolution became inevitable in the modern world. We are witnessing and partaking in lots of it. Among the foremost one is AI revolution. Some of the Scandinavian countries are still at the verge of digital revolution. They need some time to m...
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