India is nicely positioned to take advantage of changing dynamics in the world order, which is witnessing a shift after the US dominated it for decades after the Second World War, according to Ray Dalio, founder of the world’s biggest hedge fund, Bridgewater Associates.

He listed certain distinct advantages that India has.

“India is projected to have the fastest growth in the world of any sizeable or developed economy,” Dalio, also author of The Changing World Order, said here Friday. “There is the development of a middle class. There is vast improvement in education levels and infrastructure and all this is happening in combination with capital formation which is taking place.”

He also listed stability and order as well as neutrality as important factors in India’s emergence on the global stage. Not being engaged in conflict is important for economic growth, said Dalio, founder, chief investment officer, and member of the Bridgewater Board. In contrast, he said, the US was engaged in a conflict with China.

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