It noted in periods of gloom like this one,when commentators see nothing but faults in most countries, it is worthhighlighting the few that defy the prevailing pessimism. The seven that standout in a world tipping towards recession and higher inflation are Vietnam,Indonesia, India, Greece, Portugal, Saudi Arabia, and Japan.
Theyshare some combination of relatively strong growth, moderate inflation orstrong stock market returns – compared with other countries.
The writing said the least surprising name on the list isVietnam, adding that by investing heavily in the infrastructure required of amanufacturing export power, and opening its doors, Vietnam is growing at nearly7%, the fastest pace in the world.
For the remaining economies, the article also analysed factors that help them steer clear of a global economic recession.
Itheld that any of these economies could falter, but these nations are already among the topperforming stock markets this year. Amid well-founded worry about globalprospects, a new set of winners is emerging./.