Daily Management Review

Nine most promising economies of the world


03/16/2017


The United Arab Emirates The most promising country in the world is. At least, such a conclusion can be made from a new rating published by News & World Report.



The media company, known for its rating of American universities, asked more than 21,000 people to assess 80 countries on a number of criteria, from economic impact to citizenship and quality of life. In addition to the general ranking of the best countries, the researchers made several sub-ratings, including selected countries that promise to hit the world with their economic growth in the near future. To understand in which countries the situation is improving the fastest, researchers used the GDP growth forecast, recalculated at purchasing power parity per capita. The ranking of the most promising economies is dominated by countries in Asia and the Middle East.

9. Egypt

Egypt occupies the 45th place in the overall list, but the International Monetary Fund’s loan of $ 12 billion will mitigate financial pressure in the next few years.

8. Russia

The country’s economy is recovering after a deep recession caused by sanctions in 2014 and a global fall in raw material prices; 27th place in the general list.

7. Saudi Arabia

The country owns about a quarter of the world's oil reserves, but it is looking for opportunities to diversify the economy and reduce dependence on oil in the future.

6. Thailand

The huge agricultural sector and competitive manufacturing industry allow the country to keep poverty and unemployment at a relatively low level.

5. Japan

The country is highly valued in many respects, including development of entrepreneurship and strength of the country's cultural influence, which is facilitated by its political and economic stability.

4. China

The huge fast-growing economy was able to increase the country's influence in the world arena.

3. India

The country ranks 25th in the overall list thanks to a fast-growing and well-diversified economy and numerous skilled labor.

2. Singapore

The island city-state is invariably estimated as one of the best places in the world for investments.

1. United Arab Emirates

Significant oil reserves allowed the UAE to quickly become one of the richest countries on Earth and take up the ranking of promising economies. 

source: usnews.com






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