The concept of the BRIC countries -- Brazil, Russia, India and China -- as a handy grouping of fast-growing emerging markets has gained acceptance since it was introduced at Goldman Sachs in 2001. But what would the second tier be called? A good bet is CIVETS: Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa. "Their emergence will help to strengthen their respective regions, accelerating the shift of the global economy to the East and South," The Economist Intelligence Unit notes.
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