Emerging market growth index published by Bisignis Institute
The Bisignis Institute, a Washington D.C.-based think tank, has published its new Emerging Market Energy Security Growth Prosperity Index. The index is intended to serve as a guide to policymakers and researchers studying emerging countries that the Bisignis Institute predicts have strong near- and long-term growth potential based on current GDP growth and large oil reserves. The top five countries in the index are Kazakhstan, Turkmenistan, Brazil, Uzbekistan and Azerbaijan. Following them are Russia, Turkey, Georgia, Romania and Kyrgyzstan. Each country is ranked using a calculation of government corruption, GDP growth and oil reserves. Corruption data was extracted from Transparency International, a reputable international group that ranks government corruption. The index features 24 countries from South America, Europe and Asia.