Passport
What do Greece, Romania, and Venezuela have in common?
Those are the three unfortunate major economies projected to see negative GDP growth in 2010-2011, according to the IMF’s new World Economic Outlook. (The small Carribean nations of Antigua & Barbuda and St. Kitts & Nevis are also in the red.) Greece, at -3.3 percent, has by far the most dramatic contraction of the bunch. ...
Those are the three unfortunate major economies projected to see negative GDP growth in 2010-2011, according to the IMF's new World Economic Outlook. (The small Carribean nations of Antigua & Barbuda and St. Kitts & Nevis are also in the red.) Greece, at -3.3 percent, has by far the most dramatic contraction of the bunch.
The outlook is most grim for Western Europe, much of which will see between 0 and 2 percent growth. Politically unstable Kyrgyzstan seems to be the only Asian country with less than 2 percent growth while similarly unstable Madagascar is Africa's outlier.
Those are the three unfortunate major economies projected to see negative GDP growth in 2010-2011, according to the IMF’s new World Economic Outlook. (The small Carribean nations of Antigua & Barbuda and St. Kitts & Nevis are also in the red.) Greece, at -3.3 percent, has by far the most dramatic contraction of the bunch.
The outlook is most grim for Western Europe, much of which will see between 0 and 2 percent growth. Politically unstable Kyrgyzstan seems to be the only Asian country with less than 2 percent growth while similarly unstable Madagascar is Africa’s outlier.
Joshua Keating was an associate editor at Foreign Policy Twitter: @joshuakeating
More from Foreign Policy
China and the Taliban Begin Their Romance
Beijing has its eyes set on using Afghanistan as a strategic corridor once U.S. troops are out of the way.
The Taliban Are Breaking Bad
Meth is even more profitable than heroin—and is turbocharging the insurgency.
Belarus’s Unlikely New Leader
Sviatlana Tsikhanouskaya didn’t set out to challenge a brutal dictatorship.
What the Taliban Takeover Means for India
Kabul’s swift collapse leaves New Delhi with significant security concerns.
Sign up for Morning Brief
Foreign Policy’s flagship daily newsletter with what’s coming up around the world today from Foreign Policy’s newsletter writer Colm Quinn.
By signing up, I agree to the Privacy Policy and Terms of Use and to occasionally receive special offers from Foreign Policy.