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N-11 nations in pink. From left:
Mexico,
Nigeria,
Egypt,
Turkey,
Iran,
Pakistan,
Bangladesh,
Indonesia,
Vietnam,
South Korea,
Philippines
The Next Eleven (or N-11) are eleven countries—Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, the Philippines, South Korea, Turkey, and Vietnam—identified by Goldman Sachs investment bank as having a high potential of becoming the world's largest economies in the 21st century along with the BRICs. The bank chose these states, all with promising outlooks for investment and future growth, on December 12, 2005.
Goldman Sachs used macroeconomic stability, political maturity, openness of trade and investment policies, and the quality of education as criteria. The N-11 paper is a follow-up to the bank's 2003 paper on the four emerging "BRIC" economies, Brazil, Russia, India, and China.[1]
[edit] Next Eleven countries
[edit] Developed country
- South Korea: Advanced economy (both CIA and IMF), High-income economy,[2] Very High human development, High-income OECD member, Developed market,[3] Full democracy, Development Assistance Committee member, G-20 major economies, Four Asian Tigers, KORUS FTA, Visa Waiver Program participant, APEC founding member, ASEAN Plus Three founding member, EAS founding member
[edit] Newly industrialized country
[edit] Developing country
- Egypt: Lower-middle-income economy,[2] Medium human development, Secondary Emerging market,[4] Authoritarian regime, G20 developing nations, CAEU founding member, COMESA member, ENP member, Developing 8 Countries, CIVETS
- Indonesia: Lower-middle-income economy,[2] Medium human development, Secondary Emerging market,[4] Flawed democracy, G-20 major economies, APEC founding member, ASEAN founding member, EAS founding member, Developing 8 Countries
- Vietnam: Lower-middle-income economy,[2] Medium human development, Frontier market,[5] Authoritarian regime, APEC member, ASEAN member, EAS founding member
- Bangladesh: Low-income economy,[2] Medium human development, Frontier market,[5] Flawed Democracy, SAARC founding member, Developing 8 Countries
[edit] See also
[edit] References
[edit] Further reading
[edit] External links