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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]

Contents

Next Eleven countries

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Developed country

Newly industrialized country

Developing country

  • Egypt 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
  • Indonesia 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
  • Iran Iran: Lower-middle-income transition economy,[2] Medium human development, Authoritarian regime, OPEC and GECF founding member, ECO member, Group of 15 member, Developing 8 Countries
  • Pakistan Pakistan: Lower-middle-income economy,[2] Low human development, Secondary Emerging market,[4] Hybrid Regime, G20 developing nations, SAARC founding member, ECO member, Developing 8 Countries
  • Nigeria Nigeria: Low-income economy,[2] Medium human development, Frontier market[5], Flawed Democracy, AU member, OPEC member
  • Vietnam Vietnam: Low-income economy,[2] Medium human development, Frontier market,[5] Authoritarian regime, APEC member, ASEAN member, EAS founding member

Least developed country

  • Bangladesh Bangladesh: Low-income economy,[2] Medium human development, Frontier market,[5] Hybrid Regime, SAARC founding member, Developing 8 Countries

See also

References

Further reading

External links


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