Posts Tagged ‘BRIC’

Indonesia As A BRIIC Country? Maybe…

Following the re-election of President Susilo Bambang Yudhoyono on Wednesday, arguably the biggest question is whether Indonesia can join the BRIC (Brazil, Russia, India, China) league and make the group ‘BRIIC’. Goldman Sachs identified Indonesia as one of the ‘Next 11’ big emerging markets in 2005, and Morgan Stanley recently suggested that Indonesia should be [Read more...]

Mexico: Failing To Enter EM Major League

Mexico has made a bid to become part of the emerging market (EM) elite by stating that it too may decide to lend to the IMF, either through a direct loan or the purchase of IMF debt. The announcement on June 12 by central bank governor Guillermo Ortiz came shortly after EM heavyweights Russia and [Read more...]


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