BRICs, the Goldman coined term for the 4 emerging economies that are going to have a huge impact on world economics. Currently they together account for 15% of the world's GDP.
Jim'o' Nile of GS mentions in his interview at http://www2.goldmansachs.com/ideas/brics/index.html, there is a need for the global policy making organizations to give a greater role to these countries and not doing so can render a lot of policies useless.
No comments:
Post a Comment