This year’s list of fastest-growing economies, as ranked by the Economist Intelligence Unit, is mostly made up of what just a few years ago would have been considered a roster of economic underdogs, with most located in far-flung parts of Asia and Africa:
Mongolia is the clear front-runner, its growth driven by China’s demand for minerals. In the first half of 2013, Mongolia is expected to reach full production in its “Oyu Tolgoi,” or “Turquoise Hill,” copper and gold mine near the Chinese border, which will eventually account for one-third of its GDP.