The Next Emerging Giants Take Flight: On Wings of Eagles
IESE Insight Review, Issue 10 (2011)
8 Pages Posted: 28 Apr 2018
Date Written: Third Quarter 2011
Abstract
Move over BRICS, Next 11 and CIVETS: The EAGLEs have landed. A new formulation by BBVA Research, which conducts economic analyses for the international banking group, reveals a special group of markets that it feels deserves closer investor attention. The author refers to these countries as EAGLEs, which stands for Emerging and Growth-Leading Economies. These 10 emerging countries will contribute more to global growth than the G7 average in the next 10 years. On top of this, this article identifies a dozen other countries to watch in the so-called EAGLEs’ Nest. Though the opportunities for investors depend on many factors, there are two key areas that are common across all EAGLEs: the rise of the middle class, presenting opportunities for the retail and household service sector; and vast infrastructure needs, of special interest to construction companies in the developed world looking for new opportunities to boost their production capacity.
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