Economist and blogger Tyler Cowen says the island nation of the Philippines represents one of the world’s most undervalued economies, along with Pakistan and Mexico.
“Their rate of growth has been picking up as of late, they have plenty of ‘low hanging fruit,’” Cowen writes of the Philippines in a recent blog post.
The writer took a creative liberty with his fourth selection, choosing the city of Gujarat, India, to round out his list. “Just pretend it is a country,” he asks, citing the city’s population of more than fifty million people as an argument in favor of his stance.
Cowen is an author and a professor of economics at George Mason University.
Read his original blog post here.
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