World's 22 Best Emerging Markets 2014
Czech Republic; Ease of doing business rank: 75
Czech Republic has a projected annual GDP growth rate of 2.1 percent. The stronger increase of the exports is sure to make a rise in the economy. With the Czech National Bank’s new policy to influence exchange rate and money supply will help in exports and gain market shares in key foreign markets. The reduced real interest rates will let firms and households increase their investments.
Turkey; Ease of doing business rank: 69
Its projected annual GDP growth is 4.1 percent. The economy of Turkey saw a quick rise unexpectedly. This can be possible by the increasing public demand and public spending. Property investment and construction firms did gave the required rise in the economy. The banks in Turkey are well-capitalized, public finances have become rich, public debt has fallen. Some of the reforms have been put in place to put the economy in right place.
Panama; Ease of doing business rank: 55
With a projected annual GDP growth of 6.7 percent, Panama boasts of economic stability. With the expansion of Panama Canal and on-going large public infrastructure projects, Panama is witnessing healthy growth in terms of both economy and infrastructure. Beside tourism, Panama has become one of the most preferred places for retirees, increasing the demand for real estate and giving a boost to the economy. Panama has kept the history of low inflation in the market. This emerging market has a Colon Free Trade Zone and is the second biggest free trade zone across the globe. Panama boasts of more than 80 foreign banks in its territory.
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