Jan 2006: Efter BRICs, Goldman Sachs ser Mexiko bland de 11 viktigaste "emerging countries by year 2050"

After BRICs, Goldman Sachs names another eleven promising economies

In Global Economics Paper No.134 "How Solid are the BRICs?", Goldman Sachs names another eleven economies that may emerge as important players by 2050. They are (in alphabetic order): Bangladesh, Egypt, Indonesia, Iran, Korea, Mexico, Nigeria, Pakistan, Philippines, Turkey, Vietnam. Goldman Sachs names them N11 (i.e., the Next Eleven).

GS believes that following BRICs (Brazil, Russia, India and China), and these eleven economies may become influential by 2050 because of the projected size of their economies.

Among them, Korea and Mexico are particularly important. Mexico will become the sixth-largest economy. By 2050, Korea will become richer (in income per capita) than any  of the current G7s (Canada, France, Germany, Italy, Japan, U.K., U.S.) except the U.S.  GDP per capita of Korea will reach 81,462 USD (in market exchange rate) in 2050, if everything goes smoothly, while Mexico's will reach 52,990 USD. U.S.'s GDP per capita, standing at 89,663 USD in 2050,  will be still slightly richer than Korea's.

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