Back in 2001, when the then President of Goldman Sachs Asset Management, Jim O’Neill, coined the term BRIC – an acronym for Brazil, Russia, India and China (later an ‘S’ for South Africa would be added) – many shook their heads. In his Goldman Sachs Global Economics: Building Better Economics Brics O’Neill argued that by 2040 the four countries he had singled out as fast developers would break even on GDP with the first six industrialized nations; he would later jump the date forward to 2032.
BRICS: economic giants and political pygmies?
MARCHI, MICHELE
2013
Abstract
Back in 2001, when the then President of Goldman Sachs Asset Management, Jim O’Neill, coined the term BRIC – an acronym for Brazil, Russia, India and China (later an ‘S’ for South Africa would be added) – many shook their heads. In his Goldman Sachs Global Economics: Building Better Economics Brics O’Neill argued that by 2040 the four countries he had singled out as fast developers would break even on GDP with the first six industrialized nations; he would later jump the date forward to 2032.File in questo prodotto:
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