CIVETS
CIVETS stands for a group of rapidly developing economies - Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa - and is summarized under the acronym CIVETS. The six states are referred to as the new emerging economies for which a major economic upturn is expected. The synonym is the first letter in the English language of these countries:
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C for Colombia ,
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I for Indonesia ,
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V for Vietnam ,
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E for Egypt ,
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T for Turkey and
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S for South Africa .
The abbreviation was coined by Michael Geoghegan , the managing director of the British bank HSBC . For the countries involved, the designation Schleichkatzen-States is used, after the civet , English civet , a type of crawling cat .
See also
Individual evidence
- ↑ Jean-Christophe Victor / With open cards : One Vietnam or two? The upswing , broadcast on February 16, 2013
- ↑ Civets, Brics and the Next 11th Financial Times , June 8, 2012, accessed February 17, 2013 .
- ↑ Civets: Sneaky Cats on the Go. Börse Online , September 20, 2010, accessed on February 17, 2013 .
- ^ After BRICs, look to CIVETS for growth - HSBC CEO. Reuters , April 27, 2010, accessed February 17, 2013 .
- ↑ CIVETS States: Sneaky Cats on the Go. (No longer available online.) Portfolio Concept, November 14, 2011, archived from the original on February 11, 2017 ; Retrieved February 17, 2013 . Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
