World's 22 Best Emerging Markets 2014
Hungary; Ease of doing business rank: 54
Despite its economy is in messed up condition, Hungary witnessed the projected annual GDP growth of 1.9 percent, making through the list of world’s best emerging markets. The retail sales are going to rise at an annual average rate of 3.2 percent between the year 2009 and 2014. The economy of Hungary transformed itself into a market-based one where market forces were topping the influencing factor on resource allocation. With private sector playing the main role, Hungary is emerging fast with a global economy.
Mexico; Ease of doing business rank: 53
Mexico is one of the emerging economies with 3.7 percent projected annual GDP growth. On the way of its economic revival, Mexico became a member of the Pacific Alliance. Mexico designed a National Development Plan to enhance the growth and productivity. The government’s better tax reforms, better funding for economic and social developments are key for the growth of the economy.
Colombia; Ease of doing business rank: 43
Colombia has a projected annual GDP growth rate of 4.6 percent. The liberal business environment of Colombia is suitable for investors, and added profit, the economy currently is in full bloom. The profitable rise of the economy is mainly because of economic policies and the full promotion of the free trade agreements. In the following years the Colombia government’s debts have been converted into investment grade.
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