Goldman Sachs adds N11 to BRIC

11 countries have been dubbed N11 by Goldman Sachs: Bangladesh, Egypt, Indonesia, Iran, Korea, Mexico, Nigeria, Pakistan, Philippines, Turkey, Vietnam. According to Goldman Sachs these countries might emerge as important player by 2050.

This latest paper in the series discusses how the BRICs
countries have progressed. We also look at how ‘BRIClike
’ other large population countries are, and present a
measure to show how these, the BRICs and all the
world’s economies score in terms of sustaining a healthy
environment for growth. 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, although many of them have
compelling potential.