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The Bay of Bengal
The Next BRICS Asset Class
Sourajit Aiyer
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eBook - ePub
No longer available |Learn more
The Bay of Bengal
The Next BRICS Asset Class
Sourajit Aiyer
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About This Book
The Bay of Bengal compares economic/corporate performance data of the Bay of Bengal (BoB) grouping with other regions of developing countries (ASEAN, Pacific Alliance, etc.) to show that the Bengal group is expected to reach a combined GDP of $6 trillion by 2021, just as the BRICS did in 2006 (five years after BRIC was coined). The BoB grouping has relatively the best linear/synchronised growth, a high proportion of companies generating consistent profits/return on equity, a more diversified profit pool, and a fair mix of economic-growth drivers. The author's aim is to justify the economic substance of this grouping so that it complements the political economy's initiatives that will follow.
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