Where in the world is a good economy?

It's definitely not in the U.S. or Europe, but in some corners of the world, economies are surprisingly strong.

1 of 6
BACKNEXT
Beating the odds
Beating the odds
At a time of high unemployment and uncertainty in the U.S., huge government deficits in parts of Europe, and slowing growth in China, are any countries around the world actually doing well?

By certain measures, the global recession that started in 2008 is over. But it hasn't always looked (or felt) that way, especially in the U.S., where one in more than nine people is out of work, and mortgages on many homes are underwater. In Europe, the euro isn't stretching as far as it used to. The currency has fallen substantially as Portugal, Italy, Greece and Spain deal with huge sovereign debt problems.

It's clear the financial crisis has left deep scars. But many emerging and developing nations have bounced back nicely in 2010. And others were able to largely weather the downturn. Economists predict Asia will be the first to get back to pre-recession levels of growth, followed by Latin America, while major developed countries will lag behind.

Everyone knows that some countries (we're looking at you, Canada) weathered the crisis well. But others are more surprising. Fortune features a sampling of five economies and what makes them strong when everyone else is so weak.
NEXT: Australia
Last updated July 01 2010: 4:35 PM ET
More Galleries
Meet the new Microsoft Xbox Microsoft is making a bid to own the living room with its new entertainment device. More
8 ways to hit the road in an RV Retiring boomers are helping the recreational vehicle industry get back on track. Here are 8 choices for traveling in style. More
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2013 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2013 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2013. All rights reserved. Most stock quote data provided by BATS.