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Emerging Markets

Shifting Eastward as CIVETS Join Rank of BRIC

May 6, 2010 by Le-Quyen Le 1 Comment

Ten years ago, the term BRIC (Brazil, Russia, India and China) was used to refer to emerging markets with high growth potential. Recently, seven more countries, Vietnam among them, have been included in the rank of these emerging markets, and the group has been designated as CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa). According to HSBC, several main … [Read more...] about Shifting Eastward as CIVETS Join Rank of BRIC

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