Recently, a new term “Fragile Five” is being used to describe countries that have witnessed economic turmoil in recent years. Which of the following correctly represent “Fragile Five” countries?
Recently, a new term “Fragile Five” is being used to describe countries that have witnessed economic turmoil in recent years. Which of the following correctly represent “Fragile Five” countries?
[A]Turkey, Brazil, India, South Africa and Indonesia
[B]Turkey, Britain, India, China and Japan
[C]India, China, Japan, South Africa and Indonesia
[D]India, China, Turkey, Japan and Britain
Turkey, Brazil, India, South Africa and Indonesia The term Fragile Five has been coined by a research analyst at Morgan Stanley which identifies Turkey, Brazil, India, South Africa and Indonesia as economies that have become too dependent on skittish foreign investment to finance their growth ambitions.