While Japan’s economics has been in the dumps for a while now, and the Shanghai index has been on a roller coaster ride, the economics of the major countries in Asia have been one of the driving forces behind much of the world financial growth. One very prominent trading area currently are ETFs (exchange-traded funds) where in February of 2008, WisdomTree started the India Earnings Fund (EPI: 12.01 0.00%) which was the first India-only focused ETF. A month later, Powershares introduced the Powershares India Portfolio (PIN: 13.05 0.00%). Both of these show that the growth of these markets have obviously gained the respect of investment portfolio managers to actually have their own focused funds.

The other gigantic major up-and-coming player is China. In 2005, Barclays introduced the FXI (FXI: 31.46 0.00%) which was the first China-focused ETF. On top of this, many of the Chinese corporations that have traded on the NYSE and NASDAQ have done fairly well such as Sina Corporation (SINA: 24.68 0.00%).

All in all, if you’re looking to invest in world markets, there is definite some growth happening in the Far East. And with all everything going on there, the rewards seem to be worth the risk according to the professional investors. And while I could be out of my league in saying this, but hanging off the coattails of those that know-better is probably never a bad thing when it comes to financial speculation.

Photo Credit: (7E55E-BRN)

But it sure seems to have. With more and more Indians that are graduating from India’s Institutes of Technology but staying there, and those that are born and raised here in the States going over to India to follow their dreams, it’s no wonder.

In fact, this is a pretty significant change from a world economics perspective. What this means is that India is actually bolstering its corporations and condensing their industrial revolution into a matter of years. With India having a population that is only outdone by China, there is much to be said about some of the technologies that could mass capitalize.

Let’s be frank. India isn’t doing so poorly as people would want to think. Just take a look at the H1B visa sponsorships in the United States. Six of the top ten visa sponsors are India corporations, with the top two, Wipro (WIT: 8.33 0.00%) and Infosys (INFY: 25.99 0.00%), closing in on a total of 10,000 by themselves.

This worldwide personnel shift means that the home countries are starting to become a lot more profitable to stay and there are chances of opportunities popping up there now where before, it was mainly in the United States. There’s still a need for American ingenuity. But it seems that the Indian workforce that used to be surging towards the North American shores has finally reached high tide and is finally starting to recede.