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The Monitor's View A bright spot in a dull global economy

As major economies falter, India takes the lead with the world’s fastest growth. It can lure investors with its relative peace and certainty.

The global economy is creeping along at its slowest pace since the 2008-09 financial crisis – 3.1 percent. The sluggishness may be caused in large part by fear and uncertainty. One big unknown is Britain’s exit from the European Union. Another is the dark mood cast over America’s future by its presidential election. In Japan, economic reform appears stalled. And then there is China, where investors worry about Beijing’s aggression toward neighboring countries and its ability to fix a slowing economy.

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