To pick the likeliest winners in this vast category, Jim O’Neill of Goldman Sachs has given us the BRICS (Brazil, Russia, India, China, and now South Africa), the “Next 11” (Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, the Philippines, Turkey, South Korea, and Vietnam) and, more recently, MIST (Mexico, Indonesia, South Korea, and Turkey). Robert Ward of the Economist Intelligence Unit has added the CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa.)
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