Major concerns were raised with respect to the prospect of the exit strategy from Quantitative Easing. However, most of these concerns were related to US and the other developed economies which implemented this monetary policy. Less attention has been given the impact on emerging economies.
After the rather successful concept of BRIC economies, Goldman Sachs came in 2005 with another group of potential fast growing economies, the so called Next Eleven or N11. The group of the BRIC economies is quite known (Brazil, Russia, India and China) and the concept has been successfully adopted by politicians, researchers and media. However, this N11 idea has had until now a harder way to be generally adopted.