Anonymous ID: a214ed Sept. 7, 2018, 9:03 p.m. No.2930750   🗄️.is 🔗kun

>>2930547

Just need Russia and China

 

In economics, BRIC is a grouping acronym that refers to the countries of Brazil, Russia, India and China, which are all deemed to be at a similar stage of newly advanced economic development. It is typically rendered as "the BRICs" or "the BRIC countries" or "the BRIC economies" or alternatively as the "Big Four". A related acronym, BRICS, adds South Africa. There are arguments that Indonesia should be included into grouping, effectively turning it into BRIIC or BRIICS.[2]

 

Previously BRIC was coined by Jim O'Neill in 2001 as an acronym of four countries that were all deemed to be at a similar stage of newly advanced economic development,[3][4][5][6] but in 2009 the leaders of BRIC countries made the first summit and in 2010 BRIC became a formal institution.[7] South Africa began efforts to join the BRIC grouping and on December 24, 2010, was invited to join BRICS.[8] The original aim of BRIC was the establishment of an equitable, democratic and multi-polar world order,[7] but later BRIC became a political organization, especially after South Africa joined.[9] Jim O'Neill, told the summit that South Africa, at a population of under 50 million people, was just too small as an economy to join the BRIC ranks.[10]

 

But the future of BRIC as an economy group is questionable. In 2012, a book with the title Breakout Nations mentioned that it is hard to sustain rapid growth for more than a decade.[11]

https://en.wikipedia.org/wiki/BRIC