Bye to BRICS and hello to CIVETS – promising exporting economies
Any business that’s exported in the last decade will have heard of BRIC economies (Brazil, Russia, India and China), a label coined by Goldman Sachs in 1993 to identify promising investment markets. But as global business times have changed, there are now new ones to watch. Columbia, Indonesia, Vietnam, Egypt, Thailand and South Africa or CIVETs are new emerging markets for exporting, as identified by Robert Ward, global forecasting director for the Economist Intelligence Unit. Let’s have a look at what exciting opportunities these markets have to offer….
Read more