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Oct 28, 2012

The 20 Fastest Growing Economies In The World



#7: Democratic Republic of Timor-Leste
 

Est. 2012 GDP: +10.00% 
Est. 2013 GDP: +10.00%
Est. 2013-2017GDP CAGR: +11.92%
Economy: Offshore drilling for oil and gas is the principal source of government revenues. The government has increased spending on infrastructure to continue to repair damages caused by Indonesian troops in 1999. Unemployment and dependence upon O&G are roadblocks to growth.


Read more: http://www.businessinsider.com/worlds-fastest-economies-2012-10?op=1#ixzz2AZqHPn2S

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