Ten fastest growing economies in the world 2012

Well, the BRICs (Brasil, Russia, India, China) is going on their way, but let´s focus globaly and get some vision in the future of 2050. Here is some overview where will be the best of 300-trillion USD rise in the world, the GDP now and 2050. Focus on the following emerging markets. 

Fast growth countries : 

1. China
2. India
3. Philippines
4. Egypt
5. Malaysia
6. Peru
7. Bangladesh
8. Algeria
9. Ukraine
10. Vietnam
11. Uzbekistan
12. Tanzania
13. Kazakhstan
14. Ecuador
15. Ethiopia
16. Sri Lanka
17. Azerbaijan
18. Kenya
19. Bolivia
20. Jordan
21. Uganda
22. Ghana
23. Paraguay
24. Turkmenistan
25. Honduras
26. Serbia

What makes economies grow?
Clearly, this is a question Western policymakers are grappling with right now. If we step away from the cyclicality, there are two ways economies can grow; either add more people to the production line via growth in the working population, or make each individual more productive.


What else is important ?
OPEN THE EYES ... AND ...

Yeah we need Education - Democracy - and we need more better attitude

The most potent recipe for growth is a country that scores highly on the fundamentals discussed but currently has low income per capita. These economies should deliver the highest growth in income per capita as they ‘catch up’ with those with similar fundamentals. Economies with poor governance and low education will remain stuck in this low-income trap. This has been the position a number of African nations have found themselves in for so long.


Developed world
Countries in the developed world might be considered to be at the technology ‘frontier’. With income per capita already high, these economies do not get any ‘catch up’ boost so rely on the other variables in the model (education, rule of law, etc) for technological progress to deliver further gains in individual prosperity. That said, there are still large variations across the developed world with real income per capita in Portugal at just over USD11.5k compared with USD37k in the US. Those with similar economic infrastructure to the US but with lower income per capita will therefore get a ‘catch up’ boost. This explains why the model provides higher income per capita forecasts for the likes of Spain and Greece, which may seem implausible given their current difficulties. 

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Socialist OR Social India X Exercise OR Steroids

Here in India it is pump a lot of money to every where, the India is like taking steroids to it body, but not making proper and hard exercise, the steroids needs body more and more ... But muscles, strong body and healthy good feeling, this is the main point, why going to Gym and sweat there everyday 2 hours ... Because we want to be healthy and Feel Good, on other sides is good looking, but if you feel good inside, which is more important, the looking on you from outside will be also very good, how you feel, this is also connect how people will perceive you as your body ... So India is starting to taking so much steroids and NOT doing the proper exercise ... It will be dangerous to be overdose ... Going together with this banking loans, mortgages, real estate booming, unemployment, agriculture, environment, infrastructure and power energy and also the good manners . . . 

One example connecting with Food security legislation. I was surprised when I saw some shops, with lot of people, long line of people, I was asking driver, here is so many people, looks like they are giving something for free, YES I was almost correct ... All India is covered government-owned FAIR PRICE SHOPS. Government is taking care for people, that´s great and correct ! In this shops Government sale highly subsidized rice, coarse grain, wheat, sugar, kerasin to 63,5 % of India´s population ! So everybody has the legal right to food ! Government gives it to both priority and general categories of the population under the proposed National Food Security Act (NFSA).
Here in India is two general categories of population BPL (Below Poverty Line) and APL (Above Poverty Line) (Note: About the types of Ratio Card and this system will be talking later).

So continue in Social and Socialist thinking and different ;-) Government purchasing the wheat from local farmers for Rs 12 per kg but selling it through the net of the Fair Price Shops for Rs 2 per kg... It looks like European union and Greece, Italy and others but here it is totally different, here people need food, it is the question of survival. In Europe it is the special European philosophy : "SOMETHING FOR NOTHING", the results we see and opinion everybody can make by himself...

So I am waiting when it will come somebody and stopping to give them "fish", but starting to learn them how to catch the fishes ... It is very difficult, but one my remark, here is almost 1,2 billions population, but for example here in South India, especially in Kerala, here is nobody who will be working, really NOBODY ... Here is BIG problem to find labels, who will be working on the tea plantation, and in other sectors, they prefer more meetings, walking with flags, singing, make a lot of unions, and another meetings, so people DON´T have a time for WORK and ... 

Back to my idea and parable with fitness, gym, muscles, exercise, It is hard making proper exercise, going everyday, it is easier to taking the anabolic, steroids ... but the time will come, the results will be only for short time ...

I hope that in India will be growing more and more proper exerciser, than users of steroids. 
All the best to India !

Sometimes people loosing the human dignity . . . 

When it is missing dialogues, see what can happend

This Video is from Kottayam, Kerala, South India

28.10. 2011

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Comparing countries, visualize Economic Freedom

Here you can see some more details and visualize the comparing

Comparing visualize countries

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India 123rd Economic of Freedom from 179 countries

India’s economic freedom score is 54.6, making its economy the 123rd freest in the 2012 Index. Its score is unchanged from last year, with an improvement in labor freedom offset by declining scores in five other areas including business freedom, freedom from corruption, government spending, and monetary freedom. India is ranked 25th out of 41 countries in the Asia–Pacific region, and its overall score is below the world average.


Despite India’s high economic growth, the foundations for long-term economic development remain fragile in the absence of an efficiently functioning legal framework. Corruption, endemic throughout the economy, is becoming even more serious. The state maintains an extensive presence in many sectors through state-owned enterprises, and the legacy of decades of failed socialist policies includes a substantial tolerance for government meddling in economic activity.



QUICK FACTS of India Economy 2011 - 2012

• Population:1.2 billion
• GDP (PPP): 
• $4.1 trillion
• 10.4% growth
• 8.6% 5-year compound annual growth
• $3,339 per capita
• Unemployment: 10.8%
• Inflation (CPI): 13.2%
• FDI Inflow: $24.6 billion

world rank                                            country overall score       change from previous

1. Hong Kong                                    89.9                                0.2
2. Singapore                                    87.5                                0.3
3. Australia                                    83.1                                0.6
4. New Zealand                            82.1                                -0.2
5. Switzerland                                    81.1                                -0.8
6. Canada                                    79.9                                -0.9
7. Chile                                    78.3                                 0.9
8. Mauritius                                    77.0                                 0.8
9. Ireland                                    76.9                               -1.8
10. United States                            76.3                               -1.5
    

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