Why Indonesia Belongs In The BRIC

Trouble has been brewing for sometime now in developed markets; high unemployment rates and slow growth in the U.S. have combined with a gloomy currency outlook and huge budget deficits in Europe to leave many worried about two of the most important economic areas in the world. However, emerging markets have continued to soar higher led in large part by the BRIC countries of Brazil, Russia, India, and China who have all posted high levels of growth and relatively solid budget situations even in this uncertain time. Yet, one emerging market is always forgotten from the list of top up-and-coming countries, often hiding in the shadow of its more famous counterparts; Indonesia. Indonesia is spread out over more than 17,500 islands and contains close to 230 million people, putting it just behind the U.S. as the fourth most populous country on Earth. The country is a member of the G-20 [...] Click here to read the original article on ETFdb.com. Related Stories: Indonesia ETF Soars On Commodity Strength, Astra Dividends New From iShares: Ireland ETF, Indonesia ETF Indonesia ETF (IDX) Surges Ahead