BRIIC will do. South Africa is out.Maybe in Brics, "I" could stand for more countries.
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BRIIC will do. South Africa is out.Maybe in Brics, "I" could stand for more countries.
BRIIC will do. South Africa is out.
you are starting to sound like Jim O'Neil!Keep South Africa in, full of potential. China is already too big, should be out.
Include Indonesia, Nigeria, Turkey, new growth market should be BRISINT
Manufacturing, Value Added (Current US$)
Global Top Five 2005-2013
World Bank
View attachment 209575
The Next Eleven (known also by the numeronymN-11) are the eleven countries – Bangladesh, Egypt, Indonesia, Iran,Mexico, Nigeria, Pakistan, the Philippines, Turkey, South Korea and Vietnam – identified by Goldman Sachsinvestment bank and economist Jim O'Neill in a research paper as having a high potential of becoming, along with the BRICs, among the world's largest economies in the 21st century.
you are starting to sound like Jim O'Neil!
Next Eleven - Wikipedia, the free encyclopedia
Looking beyond the BRICs: Jim O’Neill’s ‘next 11’ | Financial Post
.I wouldn't quite agree with Jim O'Neill since we have seen his failure in BRICS concept in which countries of distinctive outcome are grouped together. Again we the flaw in his Next-11 concept, in which South Korea is already the 5th largest industrialized country after China, US, Japan & Germany measured in manufacturing value added.
Given small population of South Korea, it is already the most advanced country in this league as shown in the chart, way ahead of Italy, France and UK. Growth performers are, without surprise, Russia and Brazil.
Here is the chart for 5th~10th spots:
View attachment 209671
If we look further down the list towards the smaller industrialized economies, the growths were in India, Mexico, Indonesia, Thailand, Turkey, Poland, Argentina, Malaysia, Colombia, South Africa, Egypt, Nigeria, Pakistan, Vietnam, Kazakhstan, Bangladesh, Belarus and Slovak Republic, spanning through the whole global south.
These 18, together with Russia and Brazil, will likely form the G20 of growth in the next few decades. Jim O'Neil should sell this concept to his clients!
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agree with you most of the groupings or acronyms are bit far-fetched except for the idea of focus on the global south has some usefulness.
thinking of your thread again:
Vision on the Global South
IMO, BRICS are all developing countries, so China must stay in. S.Korea was/is one of the 4 Asian Tigers with Taiwan, Hong Kong & Singapore, so no need to relabel them. Up & coming Indonesia, Bangladash, Sri Lanka, & perhaps Parkistan due to the Maritime Silk Road, the potential is there if they can maintain stability & create pro biz/trade policies... Just my 2 cts
GLOBAL SOUTH!Yeah thanks, think global act local!
Very true bro, well said, especially in political context, and literally China is fast developing. Just that China is so large in geographical span and population, contrasting regional difference can be as much as Belgium vs Albania, and hence investment strategies would have to be customized for regions, not country as a whole.
more like 2 shrimps and 2 lobsters. Emphasis on the little, lol.
Remove the current country with "I" and replace it with a better country that begin with an "I".Maybe in Brics, "I" could stand for more countries.
The "Factory Asia" concept is in the making, let all Asians be optimistic!
- Since the Industrial Revolution embarked in 1870's, Asia has been trying to get on the bandwagon of industrialization and modernization. According to World Bank data, by year 2013, 10 Asian countries are among the Top-30 of the world in terms of manufacturing value added (current US$), compared to 11 EU countries in the same list.
- Moreover, 3 Asian countries occupy the top 5 spots, and world #1 is also Asian.
Remove the current country with "I" and replace it with a better country that begin with an "I".
Interesting, actually it's shaken my view. I didn't even know that India had any manufacturing. I've never seen anything Made in India. Really surprised to see that she ouputs ~200$ billion. Do you know what she manufactures? It seems really misleading.
great analysis bro!.Almost all countries have some degree of manufacturing, India as the second most populous world is no exception. It might include the furniture around you, your desk, the pens you are writing with, your shoes and the likes, all could be "Made in India". A lot of goods are manufactured by a complicated process of supply chain, along which values are added by different companies, different countries. Take iPhone as an example, it is considered "Made in China", but in fact the countries contributing biggest value adds are Japan ($60.60 per handset, after material costs), Germany ($30.15), South Korea ($22.60), then Foxconn-China ($6.50), see below:
View attachment 210212
Similarly, a Boeing 787 is supposed to be "Made in USA", in which many parts are supplied from, hence value are added by, other countries e.g. lithium-ion batteries imported from Japan. Check M1A1 Abrams, main component 120mm gun imported from Rheinmetall of Germany. Almost 90% of air-conditioners & refrigerators are "Made in China", in which many of the valuable compressors are imported from Japan. The more sophisticated is a product, the more does supply chain matter.
As of now China has the biggest manufacturing economy (both value added, and output) in the world, spanning through a very wide spectrum from heavy to light industries, industrial goods to consumer goods, basically everything to form a complete portfolio and hence a fully-comprehensive supply chain. In certain hi-tech manufacturing areas, Japan/Taiwan/Korea maintain leads in heavy industries, materials, core electronic components, optics, agricultural, etc. and Germany maintain leads like in machinery, pharmaceutical. SONY is an example, while retreating from consumer goods giving ways to price-competitive Korean/Chinese, change its focus on manufacturing core components which they effectively monopolize the supply, a profitable strategy well adopted by some Taiwanese components manufacturer during the last decade.
WOW,how I wish I could give u positive ratings!Almost all countries have some degree of manufacturing, India as the second most populous world is no exception. It might include the furniture around you, your desk, the pens you are writing with, your shoes and the likes, all could be "Made in India". A lot of goods are manufactured by a complicated process of supply chain, along which values are added by different companies, different countries. Take iPhone as an example, it is considered "Made in China", but in fact the countries contributing biggest value adds are Japan ($60.60 per handset, after material costs), Germany ($30.15), South Korea ($22.60), then Foxconn-China ($6.50), see below:
View attachment 210212
Similarly, a Boeing 787 is supposed to be "Made in USA", in which many parts are supplied from, hence value are added by, other countries e.g. lithium-ion batteries imported from Japan. Check M1A1 Abrams, main component 120mm gun imported from Rheinmetall of Germany. Almost 90% of air-conditioners & refrigerators are "Made in China", in which many of the valuable compressors are imported from Japan. The more sophisticated is a product, the more does supply chain matter.
As of now China has the biggest manufacturing economy (both value added, and output) in the world, spanning through a very wide spectrum from heavy to light industries, industrial goods to consumer goods, basically everything to form a complete portfolio and hence a fully-comprehensive supply chain. In certain hi-tech manufacturing areas, Japan/Taiwan/Korea maintain leads in heavy industries, materials, core electronic components, optics, agricultural, etc. and Germany maintain leads like in machinery, pharmaceutical. SONY is an example, while retreating from consumer goods giving ways to price-competitive Korean/Chinese, change its focus on manufacturing core components which they effectively monopolize the supply, a profitable strategy well adopted by some Taiwanese components manufacturer during the last decade.
Philipine has been ignord by us for many years after Marcos died.Don't know why.