DJ:ing Economics' VISTA-series

”I know that we have to take it to the goal 'cause everyone's depending on we
See we ain't got nowhere to go but up, it's our destiny”

The financial crisis started in the USA, a country considered to be world’s most developed economy. We got pulled out of the crisis partly by China, a country with a dubious leadership, limited freedom of speech and a weak democracy. China’s economic growth on the other hand barely slowed down and instead it is getting closer to something looking like overheating. The chinese stimulus package was huge, but very efficient and in contrast to the western world where it is questionable how many bridges you really need to build just to keep the economy going, China is still in great need of infrastructure, which means that the stimulus package will give great ROI and a more efficient economy in the future and lead to even more growth.

So, where am I going with this and what does it has to do with the title of the post. Well, in the footsteps of China and the other BRIC-countries (Brazil, Russia and India) several other economies are on the rise, all with great growth potential. These economies are often named the VISTA-countries. VISTA is an acronym for Vietnam, Indonesia, South Africa, Turkey and Argentina. They are economies with all the natural requirements you need to be a rich and developed country, for example an abundance of relatively cheap labor and plenty of natural resources, but where corruption and decades of politic and economic instability has hampered their development. With the situation now getting better, so is their economic growth.

That is why DJ:ing Economics will begin a series with posts about the five VISTA-countries, their possibilities, pros and cons and their macroeconomic and political situation. We are going to follow the order of acronym, which means that the first post will be about Vietnam.

The comparison with the US and China is to show that you should never underestimate nor overestimate any country and to me it is clear that the VISTA-countries so far are underestimated, something we soon may have to reconsider.



So, don’t sleep on these countries.



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The VISTA countries also offers great investments oportunities for those who are interested. If you look at the development of the BRIC-countries in the last years you get an idea of the enormous potential of the VISTA-countries. You can read an interesting article by Claes Hemberg about investing in the VISTA-countries here.