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Wednesday, July 23, 2014

EXOGEN UPDATE:IS YOUR PORTFOLIO DIVERSIFIED WITH THE NEXT 11 COUNTRIES NOT UNDER USA & IMF CONTROL?, 23 JULY

Exogen: IS YOUR PORTFOLIO DIVERSIFIED WITH THE NEXT 11 COUNTRIES NOT UNDER USA & IMF CONTROL?

Next Eleven

From Wikipedia, the free encyclopedia
Next Eleven
N-11 countries in Magenta
N-11 countries in Magenta
TypeHigh potential economies
Members
The Next Eleven (known also by thenumeronym N-11) are the eleven countries – BangladeshEgypt,IndonesiaIranMexicoNigeria,Pakistan, the PhilippinesTurkey,South Korea and Vietnam – identified by Goldman Sachs investment bankand economist Jim O'Neill in aresearch paper as having a high potential of becoming, along with theBRICs, the world's largest economies in the 21st century. The bank chose these states, all with promising outlooks for investment and future growth, on December 12, 2005. At the end of 2011, the four major countries (Mexico, Indonesia, South Korea and Turkey) also known as MIKT, made up 73 percent of all Next Eleven GDP. BRIC GDP was $13.5 trillion, while MIKT GDP at almost 30 percent of that: $3.9 trillion.[1]
The criteria that Goldman Sachs used were macroeconomic stability,political maturityopenness of trade and investment policies, and the quality of education. The N-11 paper is a follow-up to the bank's 2003 paper on the four emerging "BRIC" economies, BrazilRussiaIndia, andChina.[2] It can be compared with theCIVETS list coined by Robert Ward, global forecasting director for theEconomist Intelligence Unit (EIU) – having a few differences, but many similarities.

Next Eleven countries

Developed countries

Newly industrialising countries

Developing countries

Under-developed countries

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