Lesson plan
CIVETS
, 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". CIVETS is comparable to similar economic groupings such as BRICS and the Next Eleven, both devised by Goldman Sachs economist Jim O'Neill to identify markets deemed most advantageous to investors. All three terms are examples of "acronym investing", in which investments are targeted to a group of otherwise disparate markets that share a common feature.
Article summary
, 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". CIVETS is comparable to similar economic groupings such as BRICS and the Next Eleven, both devised by Goldman Sachs economist Jim O'Neill to identify markets deemed most advantageous to investors. All three terms are examples of "acronym investing", in which investments are targeted to a group of otherwise disparate markets that share a common feature.
Key claims
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Discussion questions
- Summarise the article in your own words. Which single claim would you verify first, and why?
- Which claim in this article is most likely to be revised as the sources update? How would you check its current status?
- If two sources disagreed about one of these facts, what would you need in order to trust one over the other?
Bibliography
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Key claims and bibliography are generated from the same tracked claims and sources as the article page.