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PH Included in the Top 20 Emerging Markets in the World

by: Karen Cayamanda

Friday, April 5, 2013 | Outsourcing News |

According the Bloomberg Markets magazine, the Philippines got the 20th spot in the list of the top emerging markets in the world, and the country can likewise be a candidate to be in the list of the top 10 fastest-growing economies worldwide.

In 2012, the Philippine economy posted a 6.6 percent growth rate, beating government targets and market predictions.

Bloomberg said the top 20 emerging markets were ranked based on the following criteria: ease of doing business, perceived level of corruption, as well as economic freedom.

Here's the complete list of the top 20 emerging markets in the world:

  1. China
  2. South Korea
  3. Thailand
  4. Peru
  5. Czech Republic
  6. Malaysia
  7. Turkey
  8. Chile
  9. Russia
  10. Indonesia
  11. Colombia
  12. Poland
  13. Namibia
  14. Zambia
  15. South Africa
  16. Mexico
  17. Brazil
  18. Hungary
  19. Morocco
  20. Philippines

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