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EAGLE’s(Emerging and growth leading economies) F2010)
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EAGLE’s
An acronym introduced by Sanish ban! ""#A in 2010 to describe
and growth$leading economies Korea, Indonesia, Mexico, Turk
Taiwan along with the BRIC countries Brazil, Russia, India a
""#A e%ected these countries to generate !" o# the glo$al e
growth through &!&!& whereas it e%ected the '( countries o
'er%any, the *nited +tates, Canada, Italy, apan and the *
Kingdo% to generate -ust /".
'his is a dynamic concet where country members can change o
according to their orecasted erormance relatie to deeloed e
'he membershi o the EAGLEs is sub+ected to a yearly reision a
according to their orecasted economic erormances relatie to d
economies*
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Forecasted performance
2010-2020
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EAGLEs’ Nest
'his set o countries& named E1'2Es3 4est is a watch list
new EAGLEs roided they will imroe their e%ected gro
the ne%t decade*
'he members are Thailand, 4igeria, 5oland, Colo%$ia
1#rica, Malaysia, 6ietna%, Bangladesh, 1rgentina, 5
5hilippines.
Altogether their incremental G,- will be almost ./ o tota
growth* 'hese are the economies to watch or nding the
economies& which could gain global rominence i global c
internal olicies align in this decade (see 'able 2)
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Latest Happenings
Annual report - 2015
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*pdate o# Middle Classespro-ection
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Main takeaways The contribution of the Emerging World to global growth is bound to be
than BBV had initiall! pro"ected# due to recent updates in purchasing p
estimates across the globe. In fact, in 2024 te! "ill a#e an al$ost t"
of te glo&al econo$!.
There are now more countries included in our E$%Es list& The new ad
mainl! fro$ Asia an% te 'i%%le East.
The creation of a new middle class is well underwa! and this will contin
consumption&
flourishing $i%%le class in e$erging $ar(ets, fiscal re%istri&ution
opportunities an% financial inclusion will all be instrumental in reduc
ine'ualit!&
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Latest 3ews by 45F 6 7orld "a
With (hina)s econom! slowing down# *ndia could +) du
occup!)) the top growth spot among large emerging ma
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*HAN+