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CIVETS is an acronym for six emerging market countries identified for their rapid economic development, namely Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa. [1] The term was coined in 2009 by Robert Ward of the Economist Intelligence Unit to describe nations demonstrating particularly strong growth potential.
An emerging market (or an emerging country or an emerging economy) is a market that has some characteristics of a developed market, but does not fully meet its standards. [1] This includes markets that may become developed markets in the future or were in the past. [ 2 ]
Group of Two (G2): hypothetical and informal grouping between the United States and China, representing the countries with the two largest economies in the world EU's G6 - France, Germany, Italy, Poland, Spain, and the United Kingdom - countries with largest populations and thus the majority of votes in the Council of the European Union
The term pre-emerging markets is sometimes used as a synonym for "frontier markets", emphasizing the expectation that they will eventually "graduate" to "emerging market" status. [ 10 ] A 2021 analysis proposes the term emerged to describe markets, economies, or countries that have graduated from emerging market status, but have not yet reached ...
The 1860s were a period of growing protectionism in the United States, while the European free trade phase lasted from 1860 to 1892. The tariff average rate on imports of manufactured goods in 1875 was from 40% to 50% in the United States, against 9% to 12% in continental Europe at the height of free trade. [44]
The GBI-EM indices is composed of only those countries from the GBI universe that meet criteria for an Emerging Market, resulting in 18 countries from four regions. The regional sub-division of the indices consists of Asia , Europe , Latin America , and Middle East / Africa .
The AOL.com video experience serves up the best video content from AOL and around the web, curating informative and entertaining snackable videos.
The concept of a forum for the world's major industrialized democracies emerged following the 1973 oil crisis and subsequent global recession.In 1974 the United States created the informal Library Group, an unofficial gathering of senior financial officials from France, Japan, the United Kingdom, the United States, and West Germany.