Tuesday, May 21, 2013

20 Fastest growing Economies in the World

http://www.businessinsider.com/fastest-growing-economies-through-2015-2013-1?op=1

and you will not believe who is number 1

if this dose not signal movement of economic power and growth toward the east continue your education
gns+research 




#20: Ugandahttp://www.businessinsider.com/fastest-growing-economies-through-2015-2013-1?op=1

#20: Uganda
2012 GDP: +3.40%
2013 GDP: +6.20%
2013-2015GDP CAGR: +7.27%
Economy: About 80 percent of Uganda's workforce is employed in agriculture, though the country has significant mineral and oil reserves. Reforms instituted in 1990 continue to provide a sound foundation for growth, limiting inflation while enhancing earnings and production.
Source: World Bank, CIA World Factbook


Read more: http://www.businessinsider.com/fastest-growing-economies-through-2015-2013-1?op=1#ixzz2Tzg9bRck

#16: Panama

2012 GDP: +10.00%
2013 GDP: +7.50%
2013-2015GDP CAGR: +7.50%
Economy: The services sector accounts for more than three-quarters of GDP. The capacity of the Panama Canal is set to double by 2014, the culmination of a 7-year project that cost $5.3 billion. Unemployment in this Latin American nation dropped to a minuscule 3 percent in 2011.
Source: World Bank, CIA World Factbook


Read more: http://www.businessinsider.com/fastest-growing-economies-through-2015-2013-1?op=1#ixzz2TzgjVqEo

#12: Rwandahttp://www.businessinsider.com/fastest-growing-economies-through-2015-2013-1?op=1

2012 GDP: +7.70%
2013 GDP: +7.5-%
2013-2015GDP CAGR: +7.88%
Economy: Rwanda has an easier time attaining high growth rates due to its low starting GDP, relative to developed European economies or the United States. Over 90% of the workforce is engaged in subsistence farming. The Rwandan government has invested in information technology as well as education in efforts to promote sustainable economic growth.
Source: World Bank, CIA World Factbook


Read more: http://www.businessinsider.com/fastest-growing-economies-through-2015-2013-1?op=1#ixzz2TzgSm7mN

#5: Chinahttp://www.businessinsider.com/fastest-growing-economies-through-2015-2013-1?op=1

2012 GDP: +7.90%
2013 GDP: +8.40%
2013-2015GDP CAGR: +8.77%
Economy: The world’s largest exporter and second biggest economy has gradually transitioned from an isolated, state-planned economy and introduced elements of free markets. An aging population, decreasing farmland, lack of domestic consumption, and reducing regional imbalances are downside risks to Chinese GDP growth. China is on the forefront of alternative energy development, particularly in solar.
Source: World Bank, CIA World Factbook


Read more: http://www.businessinsider.com/fastest-growing-economies-through-2015-2013-1?op=1#ixzz2TzgvQT6i

number 1 ???http://www.businessinsider.com/fastest-growing-economies-through-2015-2013-1?op=1

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