Emerging markets have had a fantastic year in 2010. From Indonesia to Colombia to Turkey to others, emerging markets have rebounded faster and stronger out of the financial crisis than developed markets.
Most of you are probably familiar with the BRICs, but what about the CIVETS or the MAVINS?
Emerging markets span a much wider spectrum than traditional developed markets in terms of economic size and stability. Did you know that a country’s classification as an emerging market country depends on who you ask? The FTSE Group, the MSCI and Dow Jones emerging market indices vary substantially.
Investors who invest in these markets must educate themselves in order to make better investment decisions and avoid chasing the next hot investment.
Are you an emerging markets whiz? Take our quiz to see how much you really know about them. Then, be sure to send your results to your friends to show them how globally-minded you are.
BRIC refers to the emerging market countries Brazil, Russia, India and China. MAVINS refers to Mexico, Australia, Vietnam, Indonesia, Nigeria, South Africa. CIVETS refers to Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa.