It's BRICK
some include Korea as one of them. Hyundai and Kia are bigger than Embraer ;-)
Negative. Korea is part of the N-11.
The BRICs economies do seem
to be ahead of many other developing economies, both
large and small.
We also present a detailed study of the prospects for
another set of developing countries, a group we call the
N-11.the Next Eleven. Of them, only Mexico and
perhaps Korea have the capacity to become as important
globally as the BRICs
the BRICs stand out relative to the bulk
of these other candidates, in terms of the potential to be a
major economic force. Of the other countries we look at,
only Mexico and perhaps Korea have the potential to rival
the BRICs.economies that we excluded initially because
we view them as already more developed.
We call this larger developing-country set the Next
Eleven (N-11), though whether they will .emerge. is still
an open question for many. This group shows broad
representation by region and includes Bangladesh, Egypt,
Indonesia, Iran, Korea, Mexico, Nigeria, Pakistan,
Philippines, Turkey, Vietnam.
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