Emerging Markets without China and India
The Spanish bank BBVA has proposed the use of the term EAGLE to cover the world’s Emerging and Growth-Leading Economies. The member states of this exclusive EAGLEs club are:
In 2001, Jim O’Neill, Goldman Sachs' chief economist, created the term BRIC. In 2005 he identified the “Next 11” (N-11) growth markets - the countries that are widely regarded as the most likely to rise quickly in economic prominence over the coming decades.
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More recently O'Neill has coined another term – "MIST" or “MIKT” or "TIMS" – to describe a quartet of the Next 11 countries that appear to be the most promising for western investors: Mexico, Indonesia, South Korea and Turkey.
In 2008, a rival group was proposed by Robert Ward at the Economist Intelligence Unit, who came up with acronym “Civets” to describe them: it stands for Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa. Ward says he thinks these six will be the next generation of emerging nations.
... Analysts point out that, growth potential aside, the countries tend to be extremely diverse, prone to stock market volatility, and governed by very different political systems.
June 8, 2012 6:38 pm
This research guide was created by Lois Kepes with the assistance of Dawnlyn Diehl, MLIS Graduate Student Intern at Hillman Library, University of Pittsburgh in 2012-2014. Dawnlyn researched the country pages.
The links provided under the "External Web Resources" heading have been culled from independent sources. Some are personal web pages, business pages, newspapers, government websites, etc. and most are not scholarly.