Colombia part of the CIVETS, the new BRICs.
The article discusses the new set of countries, CIVETS (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa), with the best change of high, long-term growth. The name is based on the civet, an unassuming African and Asian mammal prized for both fragrant musk and ability to digest coffee cherries to create kopi luwak, one of the world's most expensive coffees.
More importantly, the article suggest a potential new Global Latina. That is Bancolombia, a very strong bank with returns on equity of 19% over 8 years, that is looking at opportunities internationally.
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