Business, Reviews and Resources NEWS
Vote for top best attractive investment destinations in the world
By Steve Gavriliuc for CEOWORLD Magazine Updated:October 12, 2009
Get CEOWORLD Magazine digital monthly version. special- Top Capital Cities for a business Traveler, # Interview with Minister of Tourism of Greece. 1 Issues Subscription= $1 Only, 10 Issues Subscription= $5 Only. Grab your copy now!!!!
Top Investment destination: China
China is the world’s most populous country, business is booming. Investors who have taken the plunge in China in recent years have been well rewarded. After the US, it is the largest consumer of oil, and the planet’s biggest producer and consumer of coal and billions is being spent in developing its infrastructure.
China’s absorption of foreign investment is an important content of China’s fundamental principle of opening up to the outside world, and is one of the great practices of building up socialist economy with Chinese characteristics.
China has had the fastest-growing major economy for the past 30 years with an average annual GDP growth rate above 10%. China’s per capita income has likewise grown at an average annual rate of more than 8% over the last three decades drastically reducing poverty, but this rapid growth has been accompanied by rising income inequalities.
The country’s per capita income is classified in the lower middle category by world standards, at about $3,180 (nominal, 104th of 178 countries/economies), and $5,943 (PPP, 97th of 178 countries/economies) in 2008, according to the IMF.
Top Investment destination: India
India is the seventh largest, and the second most populous country in the world. Indian economy has been witnessing a phenomenal growth since the last decade. The country is still holding its ground in the midst of the current global financial crisis.
The Indian growth story is spreading to the rural and semi-urban areas as well. The next phase of growth is expected to come from rural markets with rural India accounting for almost half of the domestic retail market, valued over US$ 300 billion. Rural India is set to witness an economic boom, with per capita income having grown by 50 per cent over the last 10 years, mainly on account of rising commodity prices and improved productivity.
Despite the global slowdown, the Indian economy is estimated to have grown at close to 6.7 per cent in 2008-09. The Confederation of Indian Industry (CII) pegs the GDP growth at 6.1 per cent in 2009-10. This scenario factors in sectoral growth rates of 2.8-3 per cent, 5-5.5 per cent and 7.5-8 per cent, respectively, for agriculture, industry and services.
Top Investment destination: Russia
One of the fastest growing economies in the world. Russia, with an area of 6,592,800 square miles (17,075,400 square kilometers), is the world’s largest country, which covers almost twice the territory of either the United States or Australia.
Russia has tremendous growth potential. Investment opportunities exist in every region and in every sector of Russia’s economy, with a wide array of government institutions, instruments and investment programs, as well as strong support for investors at all levels — federal, regional and municipal.
Top Investment destination: Brazil
Brazil has long been synonymous with a relaxed lifestyle in idyllic surrounds, living up to the expectations of visitors and investors alike. The attraction of the Brazilian real estate market has developed over the years with incredible strength, proving to be an optimum emerging market option.
Over recent years Brazil has started to emerge as a potential super power in the world’s economic market. Unlike many other developing nations, Brazil is not solely reliant upon growth in tourism to achieve economic growth. As a nation rich in oil reserves and bio fuels, maximizing the full potential of the country’s economy can produce incredible financial wealth.
Top Investment destination: South Africa
The economy is based on foreign trade. More than half of the gross national product (GNP) is achieved through exports and imports. By investing in modern production technologies after the apartheid era, South African products became more and more competitive on the world market.
In 1996, an export surplus of about 8,7 billion Rand was achieved. Exports consist mainly of mineral raw materials, agricultural produce, chemical products, machinery, electric appliances and vehicles. Import goods are machines, plastic products, chemicals and also vehicles.
Top Investment destination: United Kingdom
The United Kingdom is a major developed capitalist economy. It is the world’s sixth largest by nominal GDP and the seventh largest by purchasing power parity. It is the third largest economy in Europe after Germany’s and France’s in nominal terms, and the third largest after Germany’s and Russia’s in terms of purchasing power parity.
The British Economy is one of the most globalised (or globalized) economies in the world, thanks in no small part to the City of London, considered to be the largest financial center in the world.
Top Investment destination: United States
The United States economy produced roughly $15 trillion worth of goods and services in 2008, making it easily the largest in the world.
Since the 1970s, the United States economy has absorbed savings from the rest of the world. The phenomenon is subject to discussion among economists. Like other developed countries, the United States faces retiring baby boomers who have already begun withdrawing from their Social Security accounts; however, the American population is young and growing when compared to Europe or Japan. The 2008 estimates of the United States public debt by the CIA Factbook and the International Monetary Fund were 61% of GDP, about the same as major European countries.
Top Investment destination: Poland
Poland is considered to currently have one of the fastest growing economies in Central European nations, with an annual growth rate of over 6.0% before the late-2000s recession.
The economic reforms of the Balcerowicz Plan introduced in 1990 removed price controls, eliminated most subsidies to industry, opened markets to international competition, and imposed strict budgetary and monetary discipline.
Poland is considered one of the most successful examples of the transition from communism to market economy.
Top Investment destination: Mexico
While Mexico’s economy is mature and generally fairly stable, there is a growing income gap between the rich and the poor. Political and social unrest will grow if this disparity is not addressed.
In Latin America, Mexico has the highest per-capita income level. In the international arena, the exchange rates of the Mexican Peso are high as well, and Mexico has the highest purchasing power parity of any country in Latin America.
Top Investment destination: United Arab Emirates
The United Arab Emirates (UAE) is one of the most developed countries in the world, based on various socioeconomic indicators such as GDP per capita, energy consumption per capita, and the HDI.
There are various deviating estimates regarding the actual growth rate of the nation’s GDP, however all available statistics indicate that the UAE currently has one of the fastest growing economies in the world. According to a recent report by the Ministry of Finance and Industry, nominal GDP rose by 35 per cent in 2006 to $175 billion, compared with $130 billion in 2005.
Top Investment destination: Australia
Australia’s economy has experienced positive reforms that have boosted its economy, and raised its standard of living. Australia is today riding the commodity boom and should continue to grow for at least the next five years.
While traditionally tied to Europe and US, Australia is now dependent on Asia for its economic well-being. In particular it partners with Japan for capital financing, particularly in the mining industry, and with China as its primary export partner.
Top Investment destination: Canada
Canada has the tenth largest economy in the world. Canada is unusual among developed countries in the importance of the primary sector, with the logging and oil industries being two of Canada’s most important. Canada also has a sizable manufacturing sector, centred in Central Canada, with the automobile industry especially important.
Top Investment destination: Thailand
The economy of Thailand is an emerging economy which is heavily export-dependent, with exports accounting for more than two thirds of gross domestic product (GDP). Thailand has a GDP worth 8.5 trillion Baht (on a purchasing power parity (PPP) basis), or US$627 billion (PPP). This classifies Thailand as the 2nd largest economy in Southeast Asia after Indonesia. Despite this, Thailand ranks midway in the wealth spread in Southeast Asia as it is the 4th richest nation according to GDP per capita, after Singapore, Brunei and Malaysia.
Top Investment destination: Indonesia
Indonesia has the largest economy in Southeast Asia, is one of the emerging market economies of the world, and also the member of G-20 major economies. It has a market-based economy in which the government plays a significant role by owning more than 164 state-owned enterprises and administers prices on several basic goods, including fuel, rice, and electricity.
Top Investment destination: Vietnam
The economy of Vietnam is a developing mixed economy. Over the past 20 years, Vietnam has made a shift from a centrally planned economy to a Socialist-oriented market economy. Over that period, the economy has experienced rapid growth. Nowadays, Vietnam is in the period of integrating into world’s economy, as a part of globalization and is in transition from a planned economy to a market-oriented mixed economy.
Like this article! |
|
|
|
|
(No Ratings Yet)
Loading ...172,602 views
Comments
-
greenfeld
Grab a copy of CEOWORLD Magazine for $1 only!!!
