Showing posts with label SLOWEST GROWING COUNTRIES. Show all posts
Showing posts with label SLOWEST GROWING COUNTRIES. Show all posts

Thursday, October 27, 2011

10 Decrepit Countries That Will Never Boom Again

1 JAPAN
2 GERMANY
3 ITALY
4 NETHERLANDS
5 AUSTRIA
6 SWITZERLAND
7 BELGIUM
8 SWEDEN
9 FRANCE
10 SPAIN

The world GDP will explode from $73 trillion to $370 trillion in 2050, according to Citi's Willem Buiter. This corresponds to an average real growth rate of 4.2% annually.
"But growth will be far from uniform," says Buiter.
Europe dominates Buiter's list of the slowest growing countries. Lagging behind a developing Asia, Japan is the only non-European nation among the bottom ten.
America will grow relatively well for a developed economy, at 2.5% annually.


Read more: http://www.businessinsider.com/slowest-growing-countries-2011-2##ixzz1byqsgRSN