{"id":26423,"date":"2012-01-08T06:59:39","date_gmt":"2012-01-08T11:59:39","guid":{"rendered":"http:\/\/8.29.132.176\/~kuhio4\/countingpips.com\/fx\/2012\/01\/chart-2012s-fastest-growing-nations-will-be\/"},"modified":"2012-01-08T06:59:39","modified_gmt":"2012-01-08T11:59:39","slug":"chart-2012s-fastest-growing-nations-will-be","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/01\/08\/chart-2012s-fastest-growing-nations-will-be\/","title":{"rendered":"Chart: 2012\u2019s Fastest Growing Nations Will Be\u2026"},"content":{"rendered":"

Chart: 2012′s Fastest Growing Nations Will Be…<\/a><\/p>\n

by Mike Kapsch<\/a>, Investment U<\/em> Research
\nSunday, January 8, 2011<\/p>\n

If you were to ask me to predict the two fastest-growing economies in 2012, two nations I probably wouldn’t mention are Libya and Mongolia.<\/p>\n

Yet that’s exactly what The Economist’s<\/em> Intelligence Unit forecasts will happen…<\/p>\n

\"gdp<\/a><\/p>\n

Libya is set to be the world’s fastest-rising economy in 2012 with a GDP growth rate of 22%. And Mongolia is set to place second with a growth rate of 15%.<\/p>\n

Have The Economist<\/em> experts gone crazy?<\/p>\n

It was just October of last year that Colonel Muammar Qaddafi was killed. And I haven’t seen many headlines about Mongolia’s booming economic growth outside of Investment U<\/em>.<\/p>\n

A Closer Look At Libya and Mongolia’s Rapid Growth <\/strong><\/p>\n

The Economist <\/em>claims, “Libya’s economy will grow faster than any other in 2012 boosted by reconstruction following the fall of Muammar Qaddafi’s regime. The surge is a bounce-back from an even more precipitous slump while war raged.”<\/p>\n

Last year, Libya’s civil war cost the country tens of billions of dollars and thousands of lives. Yet Qaddafi’s falling out signifies a new chapter. Libya has $60 billion in sovereign funds to invest in infrastructure, housing and other constructive avenues starting this year. Not to mention, high oil revenue and a population of just 6.3 million give Libya one of the highest GDPs per capita in Africa.<\/p>\n

Mongolia, on the other hand, is benefiting from a massive coal and copper mining boom. According to the International Monetary Fund, the country’s economy could expand at almost 23% in 2013. But the IMF also warns investors need to be weary of Mongolia’s inflation rate, currently up around 12.6 percent.<\/p>\n

Good Investing,<\/p>\n

Mike Kapsch<\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

<\/p>\n

Article by Investment U<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"

Chart: 2012′s Fastest Growing Nations Will Be… by Mike Kapsch, Investment U Research Sunday, January 8, 2011 If you were to ask me to predict the two fastest-growing economies in 2012, two nations I probably wouldn’t mention are Libya and Mongolia. Yet that’s exactly what The Economist’s Intelligence Unit forecasts will happen… Libya is set … <\/p>\n

Continue reading “Chart: 2012\u2019s Fastest Growing Nations Will Be\u2026”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-26423","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/26423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=26423"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/26423\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=26423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=26423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=26423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}