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Emerging countries, dynamic markets – ” (Insurance group) . . . Coface broke the 10 new emerging economies it has identified into two groups. – The first comprises Peru, the Philippines, Indonesia, Colombia and Sri Lanka, which it named the PPICS. They had “strong potential confirmed by a sound business environment,” Coface said.
The second group comprises Kenya, Tanzania, Zambia, Bangladesh and Ethiopia. But these countries are marked by “very difficult or extremely difficult business environments which could hamper their growth prospects,” Coface said.”
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