“What’s your Name?” Economies

So, nations might have existed independently and hobnobbed with their geographical neighbour for millennia. But wait, the whiz kid at Goldman Sachs changed all that by reinventing their slots. 

BRIC comprising Brazil, Russia, India and China was a scintillating start to this naming game. Till Jim O Neill thought of it, these nations had no idea they had anything in common. But here they are now a 'brand new bloc'. 

They were the talk of the town but suddenly their growth has ebbed a bit. So, on to the next bandwagon and here comes a new name – the MINT economies, namely, Mexico (Central America), Indonesia (an archipelago in the Pacific Ocean), Nigeria (Africa) and Turkey (forever the crossroads between the West and the Middle East). What do they have in common? Who cares; the name sounds good – it rhymes.

This really got me thinking..

Here are some more:

The JUG Economies – at the very top - Japan, US and Germany!

No matter what the world might say, they still hold a jug full of GDP in their midst. Together their GDP is $ 25 trillion. No one is getting to the JUG anytime soon. Shinzo’s Abenomics, US’ revival post fracking reduction in fuel costs and Germany’s steadfast financial awesome management, I think they represent the old bloc’s hope. I don’t see this power waning.

In the middle you already have the BRICS ($ 14.9 trillion) and the MINT ($3.2 trillion). How about we add to this group:

The PAT economies – Poland, Argentina, Thailand!

Unbeknown to the world, they are doing pretty well ($1.4 trillion). Poland and Argentina have shored up Human Development Index above 0.8 earning a spot in the High development category already. Restive Thailand is also a surging economy though the protests keep it down under.

Then at the very bottom of the world are:

The AILS economies – Afghanistan, Iraq, Libya and Syria

Shattered by war and ailing, there is no point in counting their GDPs, as it is all just war output- ammunitions and explosives.  

I think these could also be new blocs as their names rhyme together, geographic distances notwithstanding. What do you say?