Best & Worst Performers In The Economic Crisis
Economies Suffering A Depression:
Source: The Economist
For a few countries, second quarter numbers remain unavailable, and for all countries terms of trade related factors could distort the picture. Still, this list gives a good picture of which economies have fared the best and which have fared the worst.
The really extraordinary case here is Poland which has managed to stay relatively strong despite the depression in several of its neighbors. This is likely in part due to a beneficial industrial structure and in part due to the aggressive tax cuts implemented this year.