BELIZE TO BEAT GERMANY, FRANCE AND THE UK FOR GDP GROWTH THIS 2012.

BELIZE GDP GROWTH, TO EXCEED THAT OF GERMANY FOR 2012.

Looks like we will reach a GDP 3.3% for the year 2012 we have just entered in BELIZE.
Now Germany is forecasting 0.3%, or less than 1% GDP growth for 2012 and Germany is the powerhouse of the EUROPEAN UNION. FRANCE will do a little less than Germany at 0.2%, and far less than the expected GDP number for tiny Belize.
Worldwide the world is expected to achieve a little better than parity with population growth, at GDP 3.25%.

The world is shifting economically. You can see it in Central and South America. Over the last 10 years, the European countries sold off their local manufacturing and or, the companies that exported products from European countries, where those products could be made in local countries of 10 million population or more here in Latin America, their local European companies went INTERNATIONAL and opened branches and franchises to produce the products they once exported to the world from Europe direct, to making them within the Central American countries themselves with local workers. Synthetic ropes, toilet paper and such. Lister diesel sold off their small diesel plants to India and so forth. The only competition between Europe and the USA today for commercial competition in the world, is in big plants, like nucleur plants to produce electricity, specialist exotic new materials like for making jet engines, new technologies, requiring the 60,000 Universities research work to develop, a slow process from research to market of about 15 years.
The lag between RESEARCH at Universities for new products and materials of Europe and the USA, is apparently slower than expected, so the result is slower world growth, and a RECESSION in both the USA and Europe. In the meantime the under developed world that started producing the standard everyday products, is seeing THEIR GDP rising, on their exports, filling orders from all over. They are not inventing anything new, but just satisfying the need for the old regular standbye in the more simple economies of the world, that once the USA and Europe once dominated.