PM Modi hails India's rise from fragile 5 list to become anti-fragile economy
Shortpedia
Content Team
Image Credit: FPJ
The term fragile five was first used in 2013 by Morgan Stanley, to describe economies that were relying too much on risky foreign investment. Apart from India, Turkey, Brazil, Indonesia and South Africa were also included on this list of five nations. Speaking at a summit, India's PM Modi remarked that India has emerged out of the fragile five, and showed the world the meaning of anti-fragile economy by finding opportunities in a crisis.
