CIVETS
Sign in to savethumb|350px|CIVETS countries: Colombia, [[Indonesia, Vietnam, Egypt, Turkey, and South Africa]]
Article
6 sectionsContents
- Etymology
- Characteristics
- Economic data
- Challenges and criticisms
- See also
- References
thumb|350px|CIVETS countries: Colombia, [[Indonesia, Vietnam, Egypt, Turkey, and South Africa]]
CIVETS is an acronym for six emerging market countries identified for their rapid economic development, namely Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa. The term was coined in 2009 by Robert Ward of the Economist Intelligence Unit to describe nations demonstrating particularly strong growth potential. Common characteristics include "diverse and dynamic" economies, "young, growing population[s]", and "relatively sophisticated financial systems".