Every awful emerging market acronym in 1 chart
Inspired by this chart from the TUC's Duncan Weldon, we've stuck together just 10 of the many popular emerging market acronyms in a single diagram.
Hopefully you can now make sense of what often seem to be quite arbitrary categorisations.
We think you'll agree that it all looks quite messy, and the takeaway seems to be that we've all become a little too friendly with bundling countries together – surely these can't all be right.
Before someone tries to correct us, yes we know that a couple of those aren't acronyms.
Thanks @RobinWigg I avoid Cyprus Russia Argentina Pakistan Armenia Congo Romania Oman Niger Yemin and Mexico. Call them CRAP ACRONYM.
— Lorcan Roche Kelly (@LorcanRK) August 23, 2013
Here's your plain text list:
MINT: Mexico, Indonesia, Nigeria, Turkey
Next 11: Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, Turkey, South Korea, Vietnam
PIIGS: Portugal, Italy, Ireland, Greece, Spain
SANE: South Africa, Algeria, Nigeria, Egypt
BRICS: Brazil, Russia, India, China, South Africa
Fragile Five: South Africa, India, Brazil, Turkey, Indonesia
MIST: Mexico, Indonesia, South Korea, Turkey
TIMPs: Turkey, Indonesia, Mexico, Phillippines
CIVETS: Colombia, Indonesia, Vietnam, Egypt, Turkey, South Africa
STUCK: South Africa, Turkey, Ukraine, Colombia, UK