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Chapter 16
EAGLES and NEST countries
Question | Answer |
---|---|
Which countries of the world are labeled as BRIC? | Brazil, Russia, India, China |
Which 7 countries of the world are labeled as EAGLEs? | Brazil, Russia, India, Indonesia, China, Turkey and Mexico |
Why are these EAGLE countries so important? | Because the economies of these EAGLE countries will have greater economic growth contribution over the next 10 years possibly more than industrial countries G6 (minus US). |
Which 7 industrialized countries of the world are called G7? | Canada, France, Germany, Italy, Japan, the UK and the US. |
What does the term EAGLEs stands for? | Emerging and Growth Leading economies! |
What is the projected contribution of EAGLEs to the world economic growth in the next 10 years (2013 - 2023 ) ? | EAGLEs contribute about 51% of the world economic growth in the next 10 years. |
What is the projected contribution of G7 in the world economic growth in the next 10 years (2013 - 2023 ) ? | G7 are expected to contribute 19% of world economic growth. |
Which 19 countries of the world are labeled as EAGLEs Nest? Why? | Argentina, Bangladesh, Chile, Colombia, Egypt, Iraq, Iran, Kazakhstan, Malaysia, Nigeria, the Philippines, Pakistan, Peru, Poland, Qatar, South Africa, Saudi Arabia, Thailand and Vietnam. These countries have a potential to be the next EAGLEs. |
What is the projected contribution of Nests of world economic growth in the next 10 years (2013 - 2023 ) ? | 14% of GDP |
Which two EAGLEs have greater economic contribution compared to all countries in the next 10 years (2013 - 2023 ) ? | China (30%) and India (11%). |
What is the the economic prospects of the global economy according to IMF World Economic Outlook (2014)? | According to the report the economic prospects of both advanced and emerging economies is supposed to slow down. |
Which countries show weaker than expected growth according to IMF report (2014) ? | The report shows weaker than expected growth in the US, Japan and euro area. |
What did the IMF report (2014) indicate the prospect of the economies in euro area particularly in France and Germany? | No growth in France, and German decreasing output. |
Chinese government stimulated the economy. What is the annual growth rate of the Chinese economy compared to US and UK? | China's economic growth is expected to grow more than 7% compared to 3% in the US and UK. |
What is the general trend of foreign banks in emerging markets? Do you notice a general trend regarding the banking sector in emerging markets? | Foreign bank do not have similar kind of access from country to country. In addition, governments place various levels of limits to foreign ownership of assets in the banking sector. |
What is the impact foreign banks on the economic and financial development of emerging markets? | Here are some of the general consensus: - foreign banks bring technological and financial know-how to emerging markets. - foreign banks also force regulators to upskill so as to oversee their foreign banks. |
What is the size of the stock markets in EAGLEs? | 15% of the global stock market capitalization |
What is the size of the stock markets in EAGLE NEST countries? | 6% of the global stock market capitalization |
What did the IMF report indicate the prospect of growth in the emerging markets in the year 2020? | Decline of growth in emerging markets predicted to be at 3.3 % in 2020. |
What is the prospect of growth in the global markets in the year 2021? | Global growth is projected at 6.2% in 2021. |
What is the prospect of growth in the emerging markets in the long-term until 2050? | Long -term growth of emerging markets will be 5.5% until 2050. |