These are the '10 emerging markets of the future'
REUTERS/Andrew Biraj
In general, manufacturing and construction are going to be the sectors that drive the economies. BMI reports that new manufacturing hubs are set to emerge in Bangladesh, Myanmar, and Pakistan, and that these countries will see particularly strong growth in exporting manufacturing industries. And construction growth is going to be widespread throughout all the countries - partly to faciliate increases in urban populations, and partly to help develop the manufacturing sector.
On the other hand, extractive industries - like mining, oil, and gas - are going to play a far smaller role in driving growth than they have the past 15 years. While it might provide bright spots for some countries, the report states, "the ubiquitous commodity-driven growth model that was derailed by the 2012-2015 collapse in commodity prices is not coming back."
That being said, here are the 10 new emerging markets, and the sectors that drive their growth:
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