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i was just wondering, which country in the world has a better chance to grow in a great rate?

2007-10-21 23:25:29 · 5 answers · asked by Marcus L 1 in Social Science Economics

5 answers

Countries grow most rapidly when they are transitioning from an agricultural based economy to and industrial one, or when they are emerging from a period of social or economic disturbance. I would expect the counties of Eastern Europe and Russia to show rapid growth in the coming years as well as the industrializing countries in Asia such as China, India, Indonesia etc. Some countries that export oil will show rapid grow rates when the price of oil increases but it is not sustained growth.

2007-10-22 01:22:28 · answer #1 · answered by meg 7 · 0 0

I think China. China's labour cost is much cheaper than other developed countries. That's why China is named as the factory of this world. It's GNP growth in two digits in the past years. However, many peoples in this world are worried about the pollution caused by China's so rapid growth in industry and, particularly in manufacturing. Sooner or later, China will take over the major markets in products made from manufactories in this world. No one can beat the prices of China made products.

2007-10-22 06:43:38 · answer #2 · answered by Tom H 3 · 0 0

Countries that are big and have an average population. Like Japan.

2007-10-22 06:39:21 · answer #3 · answered by ilove1224 2 · 0 0

i think china and india

2007-10-22 06:29:25 · answer #4 · answered by amr a 2 · 0 0

HEBRON

2007-10-22 06:34:08 · answer #5 · answered by ? 1 · 0 0

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