BRICs
Acronym for emerging market giants: Brazil, Russia, India and China. The term BRIC was coined by former Goldman Sachs director Jim O’Neill in 2001 after he forecast the four countries’ economies would surpass those of the US and Japan by 2050.
Acronym for emerging market giants: Brazil, Russia, India and China. The term BRIC was coined by former Goldman Sachs director Jim O’Neill in 2001 after he forecast the four countries’ economies would surpass those of the US and Japan by 2050.
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