Economies Of South Asian Emerge from Global Financial Crisis

Most South Asian economies are recovering from the global financial crisis, and starting to register brisk growth. The recovery has been especially swift in India, the region's biggest and fastest growing economy.

As the year draws to a close, the overall mood in India is optimistic. Businesses are planning new investments, consumers are buying new cars and homes, and stock markets are reaching their highest level in a year and a half.

Policy makers are expecting the economy to rise by 7.5 to eight percent during the current financial year. That is far higher than forecasters predicted at the start of the year, when the global recession had sharply slowed growth.