Monday, November 7, 2011

Why BRICS & N-11?

N-11 or the NEXT ELEVEN countries - Goldman Sachs Report

BRICS countries : Goldman Sachs Report

The whole world is going gaga over New Growth & Emerging markets. About BRICS (Brazil, Russia, India, China & South Africa) & N-11 countries (Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, South Korea, Turkey & Vietnam) . 

There is a reason for that. In my opinion, it all boils down to 3 major points:

1) Fast economic growth in these countries.
2) Transition from Seller’s market to Buyer’s market as customers become more aware and demanding.
3) Low penetration of new and emerging markets due to protectionist policies until the recent past.

There! Now you know :)

(will write more about this soon... This is one of my favourite topics :)

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