Quiz Time: What is the fastest growing economy in the world in 2012 (so far)?
One of the poorest countries in the world, Niger’s economy is highly dependent on economic aid. Frequent droughts, desertification, lack of funding and strong population growth have undercut the economy’s performance.
But in the nation’s economic future looks strong, given its expansive resource base of oil, gold, coal and other minerals.
My research indicates that Mongolia is the fastest growing country in 2012, with a 15% growth rate. If there is a contender for this title, it is likely in Africa, due to the fast growth of some rapidly developing African economies.
OK. I thought it is Niger. My teacher told us once in the class.
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