Not just another BRIC in the wall

12 July 2019. The term ‘BRIC’ was originally coined in 2001 by Jim O’Neill (Goldman Sachs) as an acronym for the four rapidly developing countries of Brazil, Russia, India and China, which symbolised the shift in global economic power away from the developed G7 economies. By 2017, these economies accounted for more than 41 per cent of the world’s population – over 3 billion people. Read more…

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