World’s Highest and Lowest Growth Economies

Here is the list we promised of the high/low growth economies ranked by 2011 GDP estimates.    As we posted last night,  the table illustrates that, of the large non-oil exporting economies, Argentina is the second fastest growing economy in the world.  Not that it is a balanced non-inflationary sustainable trajectory, but the country’s default and currency devaluation, coupled with the huge positive terms of trade shock has contributed to the strong growth.    Argentina is still battling with its creditors almost a decade after defaulting.

(click here if chart is not observable)

This entry was posted in Economics, PIIGS, Sovereign Debt and tagged , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.