User:Kmzayeem/Next Eleven

The Next Eleven (known also by the numeronym N-11) are the eleven countries – Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, the Philippines, Turkey, South Korea and Vietnam – identified by Goldman Sachs investment banker and economist Jim O'Neill in a research paper as having a high potential of becoming, along with the BRICS countries, among the world's largest economies in the 21st century. The bank chose these states, all with promising outlooks for investment and future growth, on December 12, 2005.

The criteria that Goldman Sachs used were macroeconomic stability, political maturity, openness of trade and investment policies, and the quality of education. The N-11 paper is a follow-up to the bank's 2003 paper on the four emerging "BRIC" economies, Brazil, Russia, India, and China.

Next Eleven countries

 * 🇰🇷 South Korea :A highly developed country Advanced economy (both CIA and IMF), High-income economy, Very High human development, High-income OECD member, Developed market.


 * 🇮🇷 Iran : Upper-middle-income economy, High human development, Theocracy/Parliamentary System.
 * 🇮🇩 Indonesia : Lower-middle-income economy, Medium human development, Secondary Emerging market,
 * 🇲🇽 Mexico : Upper-middle-income economy, High human development, democracy, OECD member, Advanced Emerging market.
 * 🇵🇭 Philippines : Lower-middle-income economy, Medium human development, Secondary Emerging market
 * 🇹🇷 Turkey : Upper-middle-income economy and an advanced emerging market
 * 🇧🇩 Bangladesh : Lower-middle-income economy, listed under the developing countries, has medium human development
 * 🇪🇬 Egypt : Lower-middle-income economy, Medium human development, Secondary Emerging market
 * 🇳🇬 Nigeria : Lower-middle-income economy, Low human development, Frontier market,
 * 🇵🇰 Pakistan : Lower-middle-income economy, Secondary Emerging market, Hybrid Regime.
 * Vietnam : Lower-middle-income economy, Medium human development, Frontier market, authoritarian regime, Socialist republic, former satellite state of the Soviet Union.