Article / 07 July 2014 at 5:43 GMT

Saxo World Cup's last 4: Economic all-rounders make it to semis

Former managing editor, / Saxo Bank
With a last four of England, Argentina, Australia and South Korea, the one obvious conclusion to draw is a well developed economy is a must-have for progress in Saxo's World Cup. Perhaps an extra splash of glamour helps too.

England (UK) has had its strong recovery of the last 12 months to fall back on, Argentina and Australia have been able to rely on a really solid commodities base and South Korea seems to have emerged as an economic all-rounder with strong performance in a lot of areas. 

That's not to say they've had it easy though. South Korea needed penalties to overcome Algeria after both came up with exactly the same inflation figure of 1.7% (source: 

With a tie not an option, the deciding metric was GDP per capita and from that moment on, South Korea knew they were on their way to a semi-final berth, where they will come against Argentina, comfortable winners against Ecuador on a population metric.

England meanwhile managed to sneak past Uruguay on a GDP-on-year-growth metric with 3.0% to the South American country's 2.4%. That kind of growth-on-year figure for the victor would have been extremely difficult to predict a year ago, indicating the importance of hitting form in a World Cup year.

England will come up against Australia, a battle that will be hard to call given the variety of metrics that could prove decisive here. Australia edged Chile in a tight battle based on population criteria with 22.4 million enough to take the honours against 17.4 million.

Last eight results

England beat Uruguay
Australia beat Chile
Argentina beat Ecuador
South Korea beat Algeria (after extra-time)

Saxo World Cup's semi finals

July 8 England Vs Australia
July 9 South Korea Vs Argentina

* Results for last eight matches to be posted later July 7.

Cambellcole Cambellcole
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