Tuesday, December 20, 2011

Emerging Markets .. No Longer the BRICS .. Look For The N-11 ..

*The N-11 (MINTs plus Bangladesh, the Philippines, and Pakistan plus a few more countries on the fringe of "civilized" thinking).

*Then there's the VISTA (Vietnam, Indonesia, South Africa, Turkey, and Argentina) nations

*And the CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa).


The N-11 ~ Emerging Markets

■ There has been increased focus on these countries (Bangladesh, Egypt, Indonesia, Iran, Korea, Mexico, Nigeria, Pakistan, Philippines, Turkey and Vietnam).
■ Recent economic performance has improved and equity markets have been strong.
■ While the N-11 may not have the scale to have a ‘BRIC-like’ impact, they could rival the G7.
■ As a source of new demand and sustained growth, they could surpass major markets.
■ Several of the N-11 could perhaps join the largest economies in theworld.
■ Growth conditions vary widely across the N-11, and several face large challenges.
■ Growth stories could be much more compelling in places if conditions improved.
■ As a group of potentially large, fast-growing markets, the N-11 could be an important source of growth and opportunity