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About: VISTA (economics)     Goto   Sponge   NotDistinct   Permalink

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Type: companyyago:WikicatCountryClassificationsyago:Abstraction100002137yago:Act100030358yago:Activity100407535yago:Categorization101012712yago:Event100029378yago:Grouping101012360yago:PsychologicalFeature100023100yago:YagoPermanentlyLocatedEntity New Facet based on Instances of this Class

VISTA is an acronym for Vietnam, Indonesia, South Africa, Turkey, Argentina, used in economics in grouping and discussing emerging markets. The concept was first proposed in 2006 by BRICs Economic Research Institute of Japan, but has not been significantly popularised in the academic and business world. This has led to economic experts proposing different definitions and implications of VISTA. While some see the economic potential of these emerging economies as individually promising, others challenge that the concept of economic acronyms is limiting as the countries' social and development factors are usually not taken into account. For investors, VISTA has been considered as an opportunity to enter into a newly–emerging market, particularly following the post-BRICS era.