Beyond the Brics: which countries are waiting in the wings to become the economic powerhouses of tomorrow? Ben Schiller investigates.
Financial Management (UK) › Nbr. 2011, January 2011
Linked as:
Summary
Economics
See the full content of this document
Extract
Beyond the Brics: which countries are waiting in the wings to become the economic powerhouses of tomorrow? Ben Schiller investigates.
Coined by Goldman Sachs in 2001, "Bric" has become one of the world's most influential acronyms and shorthand for a wider power shift: West to East (and South); developed to developing world. Over the past decade capital has cascaded into Brazil, Russia, India and China, making those states the centre of the emerging markets story, but leaving others, to a degree, on the sidelines.
[ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] Amid all the excitement about the Brics, it is easy to overlook the fact that there are several other countries with Bric-like potential. Th...See the full content of this document
Sponsored links
