The fastest growers (The Flemish Beerdrinker)

Michael Mandel (Business Week) composed a list of the biggest growers, in terms of per-capita GDP, over the past ten years. Here is the list:

Bosnia and Herzegovina..305.6%
Armenia.................145.6%
Belarus.................126.3%
Azerbaijan..............120.7%
China...................108.5%
Estonia.................102.6%
Latvia...................98.3%
Georgia..................97.5%
Turkmenistan.............92.9%
Kazakhstan...............89.1%

The one common thing seems to be that they all are transition economies. A transition towards a capitalist economy. In all it’s forms: crony capitalism, free market capitalism, cowboy capitalism...but capitalism it is.