Q. Which of the following countries were originally identified as part of the “Fragile Five”?
Red Book
Red Book

[A] China, Japan, South Korea, Vietnam, and Thailand

[B] Brazil, India, Indonesia, Turkey, and South Africa

[C] Russia, Mexico, Argentina, Chile, and Peru

[D] Egypt, Nigeria, Kenya, Ghana, and Morocco

Answer: B
Notes:

Explanation – The term “Fragile Five” was coined by Morgan Stanley in 2013 to describe a group of emerging market economies that were particularly vulnerable due to their heavy reliance on foreign investment to finance their growth. The original “Fragile Five” consisted of Brazil, India, Indonesia, Turkey, and South Africa.

Source: DD News


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