ASEAN is an organization of 10 countries in southeast Asia that promote cultural, economic, and political development in the region.

The Association of Southeast Asian Nations (ASEAN) is a regional organization of 10 Southeast Asian and Pacific Rim countries whose governments collaborate to promote socio-cultural, economic, and political advancement in the region. ASEAN is an official observer of Asia-Pacific Economic Cooperation (APEC), a 21-member economic group that promotes free trade and sustainable development in Pacific Rim countries.
The Association of Southeast Asian Nations (ASEAN) is a group of 10 nations in Southeast Asia that work together to promote political, economic, and cultural growth and solidarity.
Since 1995, the ASEAN members have enjoyed a free trade zone with each other after a successful tariff-cutting effort. Failed attempts to resolve these claims have undermined the group's influence as has the Trump administration's decision to pull out of the Trans-Pacific Partnership (TPP).
The TPP is a free trade pact that would have facilitated trade between the United States, Singapore, Brunei, Vietnam, and Malaysia and non-ASEAN Pacific Rim nations such as Japan, Mexico, Canada, and Australia. In the ASEAN Declaration, ASEAN states that it aims to achieve the following:
Regional economic growth, social progress and cultural development in the region
Regional peace and stability through abiding respect for justice and the rule of law in the relationship among countries of the region The Association of Southeast Asian Nations (ASEAN) is a regional organization of 10 Southeast Asian and Pacific Rim countries whose governments collaborate to promote socio-cultural, economic, and political advancement in the region.

Association of Southeast Asian Nations (ASEAN)

The Caribbean Community and Common Market (CARICOM) is a common market comprising of twenty nations and dependencies located in the Caribbean.

Implementation of the CARICOM Single Market and Economy (CSME)

The Caribbean Community and Common Market (CARICOM) is a group of twenty developing countries in the Caribbean that have come together to form an economic and political community that works together to shape policies for the region and encourages economic growth and trade. The Caribbean Community and Common Market (CARICOM) is a group of twenty developing countries in the Caribbean that have come together to form an economic and political community that works together to shape policies for the region and encourages economic growth and trade. The fifteen full-time countries are as follows:
Antigua and Barbuda
Saint Lucia
Saint Kits and Nevis
Saint Vincent and the Grenadines
Trinidad and Tobago
The associate members are Anguilla, Bermuda, British Virgin Islands, Cayman Islands, and Turks and Caicos. The benefit of free trade areas is that they allow countries to cease competing with one another for market shares on certain products and instead allow them to focus on the products that they are most qualified to produce, or resources that they alone possess. The Caribbean Community and Common Market (CARICOM) is a regional group of nations that encourage common policy and economic goals.

Caribbean Community and Common Market (CARICOM)

CIVETS is an investing acronym for Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa, nations seen as rising emerging markets in the late 2000s.

CIVETS is an investing acronym for the countries Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa, which in the late 2000s were widely regarded as the next emerging market economies that would rise quickly during the coming decades. Also in 2011, HSBC Global Asset Management introduced a fund with a similar concept—the HSBC Global Investment Funds (GIF) CIVETS fund, which targeted long-term returns by investing in a diversified portfolio of equities from the CIVETS countries, as well as other countries with similar demographics. CIVETS is an investing acronym for the countries Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa, which in the late 2000s were widely regarded as the next emerging market economies that would rise quickly during the coming decades. CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa) countries were thought to be the next-generation of “tiger economies” because they shared fast-growing, relatively diverse economies as well as large populations that were younger than age 30. One investing acronym that has seen incredible success is FAANG, which refers to the most popular and best-performing American technology stocks: Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX), and Alphabet (GOOG) (formerly known as Google).
When economists study the early 21st century from afar, will they view this type of tool as a temporary trend in emerging markets investing?

CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa)

The emerging markets bond index (EMBI) is a benchmark index for measuring the total return performance of international government bonds by emerging markets.

The emerging markets bond index (EMBI) is a benchmark index for measuring the total return performance of international government and corporate bonds issued by emerging market countries that meet specific liquidity and structural requirements. The emerging markets bond index (EMBI) is a benchmark index for measuring the total return performance of international government and corporate bonds issued by emerging market countries that meet specific liquidity and structural requirements. The most popular emerging markets bond indexes are the JP Morgan EMBI+ Index, JP Morgan EMBI Global Index, and JP Morgan EMBI Global Diversified Index. Other emerging bond indexes include Barclays USD Emerging Market GovRIC Cap Index, DB Emerging Market USD Liquid Balanced Index, and Bloomberg USD Emerging Market Sovereign Bond Index. The emerging markets bond index (EMBI) tracks the performance of emerging market bonds and was first published by investment bank JP Morgan.

Emerging Markets Bond Index (EMBI)

The MSCI Emerging Markets Index was created by Morgan Stanley Capital International and is designed to measure performance in emerging markets. 

iShares MSCI Emerging Markets Index ETF (EEM)

MSCI Emerging Markets Index - ETF Tracker

Table of Contents
The MSCI Emerging Markets Index
Understanding the Index
Index Performance
Investing in Index MSCI has a number of indexes that track global stocks, including the MSCI World Index, which tracks the stocks of developed nations, and the MSCI All-Country World Index, which tracks a broad selection of stocks across both developed and emerging nations. The MSCI Emerging Markets Index currently includes the stocks of companies based in Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Kuwait, Malaysia, Mexico, Pakistan, Peru, Philippines, Poland, Qatar, Russia, Saudi Arabia, South Africa, Taiwan, Thailand, Turkey, and the United Arab Emirates.
The index was created in 1988. These include Avantis Emerging Markets Equity ETF (AVEM), Innovator MSCI Emerging Markets Power Buffer ETF January Series (EJAN), and Innovator MSCI Emerging Markets Power Buffer ETF July Series (EJUL). Table of Contents
The MSCI Emerging Markets Index
Understanding the Index
Index Performance
Investing in Index

MSCI Emerging Markets Index

Entrusted loans, common in China, let commercial banks act as intermediaries between borrowers and lenders. Read about new entrusted loan regulations.

What We Learn from China's Rising Shadow Banking: Exploring the Nexus of Monetary Tightening and Banks' Roles in Entrusted Lending

China Tightens Rules on Commercial Lender Shareholders, Entrusted Loans

Government Policy's Influence on Shadow Banking in China

An entrusted loan is a lending arrangement organized by an agent bank between borrowers and lenders. Entrusted loans are common in China, where they offer companies with idle cash the opportunity to earn interest income by allowing the agent bank to loan out the funds. However, the bank does provide several financial intermediary services, such as:
Monitoring the use of the loan
Monitoring the performance of the borrowers and guarantees
Collection of loan repayment and interest on behalf of the principal
Assistance in the safekeeping of the mortgage, pledge, and title documents One of the intermediary services the ICBC offers is to act as an agent of entrusted funds in the entrusted loan process. The agent bank takes on the duties of trustee—responsible for collecting the loan principal and interest—but does not take on any of the loan risks.

Entrusted Loan

Less-developed countries (LDC) are low-income countries that face significant structural challenges to sustainable development.

Less-developed countries (LDC) are low-income countries that face significant structural challenges to sustainable development. The U.N.'s Committee for Development Policy (CDP) Secretariat of the Department of Economic and Social Affairs/Department of Economic and Social Affairs (DPAD/DESA) created measures to help LDCs gain access to and benefit from international support. Less-developed countries (LDC) are low-income countries that face significant structural challenges to sustainable development. Less-developed countries are low-income countries that face significant structural challenges to sustainable development. The economic vulnerability index measures structural vulnerability to economic and environmental shocks, with a high level of vulnerability, which indicates major structural impediments to sustainable development.

Less-Developed Countries (LDC)

A multilateral development bank (MDB) is an international financial institution chartered by two or more countries to encourage economic development.

A multilateral development bank (MDB) is an international financial institution chartered by two or more countries for the purpose of encouraging economic development in poorer nations. The following is a list of the major multilateral development banks, ranked by total assets as of Dec. 31, 2018, except for the World Bank Group, which reflects Dec. 31, 2019 assets (exchange rates are as of April 15, 2020):
European Investment Bank: €555.8 billion ($606.5 billion)
International Bank for Reconstruction and Development, World Bank Group: $283 billion
Asian Development Bank: $191.9 billion
International Development Association, World Bank Group: $188.5 billion European Bank for Reconstruction and Development: €61.9 billion ($67.7 billion)
African Development Bank: 33.8 billion UA
Asian Infrastructure Investment Bank: $19.6 billion Islamic Development Bank: 22 billion Islamic dinars ($18.5 billion)
Central American Bank for Economic Integration: $10.9 billion
New Development Bank: $10.4 billion Many countries have chafed at the U.S.'s influence over the World Bank and regional MDBs, such as the Asian Development Bank, founded in 1966 and based in the Philippines.

Multilateral Development Bank (MDB)

Next Eleven are the eleven countries that have the potential to become the biggest economies in the world.

Chapter Thirteen, Beyond the BRICs: A Look at the 'Next 11

Global Economics Paper No: 134, How Solid are the BRICs

The next eleven, also known as N-11, are the eleven countries that are poised to become the biggest economies in the world in the 21st century, after the BRIC countries. The authors of the paper used mathematical modeling to create charts of which countries could have the strongest economies 20 and 45 years after the paper was published, measuring income per capita and the largest economy. Of all the countries in the N-11, South Korea has probably lived up to the predictions most closely, with a robust economy and high scores on the GES measures from the original paper. The authors of the paper created a Growth Environment Score (GES) to help them rate the countries and their potential for growth into world economies. The next eleven, also known as N-11, are the eleven countries that are poised to become the biggest economies in the world in the 21st century, after the BRIC countries.

Next Eleven

The Pacific Rim refers to the geographic area surrounding the Pacific Ocean characterized by the heavy presence of a bulk of the world's shipping.

Annual Report to Congress on International Economic and Exchange Rate Policy

Recovery from the Asian Crisis and the Role of the IMF

Trans-Pacific Partnership Ministers’ Statement

What Is the Trans-Pacific Partnership (TPP)?

Presidential Memorandum Regarding Withdrawal of the United States from the Trans-Pacific Partnership Negotiations and Agreement

The Pacific Rim refers to the geographic area surrounding the Pacific Ocean. Many Pacific Rim countries have rapidly modernized their economies in recent decades, earning the nicknames the Asian Tigers, or Asian Dragons (Hong Kong, South Korea, Singapore, and Taiwan) and the Tiger Cubs (Indonesia, Malaysia, Philippines, Thailand, and Vietnam).
The Pacific Rim is a description of a region surrounding the Pacific Ocean, the world's largest ocean. The Trans-Pacific Partnership (TPP) is a trade deal that was signed on Feb. 4, 2016, in Auckland, New Zealand among 12 Pacific Rim nations; it would have taken effect if all signatory nations ratified it within two years. The Pacific Rim covers the western shores of North America and South America, and the shores of Australia, eastern Asia, and the islands of the Pacific. Among the largest and best-known Pacific Rim countries and economies are China, Australia, and South Korea.

Emerging Markets

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