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Economic projections methodology

Euromoney received replies from 32 economists at leading financial and economic institutions. They gave each country's economic performance for 2003 and 2004 a score out of 100. The world's fastest-growing, best-performing economy in an ideal year would score 100; the worst economy in a disastrous year would score zero. Respondents were asked to consider economic growth, monetary stability, current-account, budget deficit or surplus, unemployment and structural imbalances. Economists also gave their GNP growth forecasts for 2003 and 2004. Countries which received no votes were excluded from this table.

Our thanks go to the 32 political analysts and economists who took part in our surveys. Those who did not wish to remain anonymous were:

  Guy Brooks, Deutsche Bank; Bernard Butticker, UBS AG; Francis Nicollas, Credit Lyonnais; Sruti Patel, Afrinvest; Maxine Koster and team, CSFB; Conrad Schuller, Erste Bank; Tanvir Abid, Jahangir Siddiqui and Co. Ltd; Hideaki Ohta, Nomura Research Institute; Isaac Leung and team, DNB; Daniel W. Skubik, International Legal & Political Risk Consultancy; Alex Durrer, LGT Capital Management; Gregor Eder, Dresdner Bank AG; Thierry Apoteker, TAC Applied Economic and Financial Research;

Tang Sai On, Bank of East Asia; Bijan Khajepour, Atieh Bahar Consulting; Paulo Colonna, Permira Associati; Sidney Weintraub, Center for Strategic and International Studies; Dr.

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