Brazil, Russia, India and China( BRIC ) larger economy by 2050

Did you know that BRICs economies could become a much larger force in the world economy by 2050?

What is BRIC?

BRIC or BRICs are the acronym used to refer to the combination of the four biggest emerging-market countries: Brazil, Russia, India and China.

 

India Dreaming with BRICs: The Path to 2050 

In 2003 Goldman Sachs (a leading global investment management firm) came up with a research report called “Dreaming with BRICs: The Path to 2050″.
According to Wikipedia BRIC (Brazil, Russia, India, and China) is a coalition of regional and superpowers reportedly proposed by Russian President Vladimir Putin.

 

 

 

 

The BRIC research findings:
If things go right, the firm’s economists argued that, given sound political decision-making and good luck, the BRIC economies together could become larger than those of the world’s six most developed countries in less than 40 years. i.e BRIC economies of Brazil, Russia, India and China together would be larger than G6 (G7 excluding Canada) in USD in less than 40 years. Of the current G6, only the US and Japan may be among the six largest economies in US dollar terms in 2050

 

 

The BRIC funds
Many mutual fund companies have come up with a type of fund called The BRIC funds, which invest primarily in the BRIC countries.

Source: BRIC research report

Published on 31 Jul 2007 | Investing

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COMMENTS

1. on 17 Aug 2007 at 8:36 pm   Foreign Institutional Investors (FII) » thePicky.com
   
   

   […] tidings about the Indian economy (BRIC country) combined with a fast-growing market have made India an attractive destination for foreign […]

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5. on 31 Aug 2007 at 6:55 am   India's economy growth 9.3 % » thePicky.com
   
   

   […] that India’s economy will grow close to 9 % for the full fiscal year, making India the fastest growing economy after […]

6. on 16 Oct 2007 at 7:45 pm   India could grow 10% annually over the next decade : Lehman Brothers » thePicky.com
   
   

   […] is already booming, and could grow 10% annually over the next decade, Lehman Brothers Asia, a US-based brokerage said. […]

7. on 01 Nov 2007 at 1:14 am   Liberhan Commission(Babri Masjid probe) spent Rs 7.2 crore so far.. » thePicky.com
   
   

   […] India is the second fastest growing economy in the world, at this point spending Rs 7.20 crore for a probe instead of development and infrastructure, will make the country’s development to dust. Find More Articles On: Economy & Policy You may also be interested in: […]

8. on 02 Nov 2007 at 7:55 am   India ranks the 9th largest IPO market in the world » thePicky.com
   
   

   […] Brazil, Russia, India and China (BRIC ecnomies), only Brazil and India increased their IPO proceeds two-fold, recording a rise of 292.4 per cent […]

9. on 14 Feb 2008 at 7:40 pm   Emerging markets helps Coca-Cola growth » thePicky.com
   
   

   […] Coke had seen its highest growth since 1998, with strong growth in emerging markets including (BRIC Countries )China, India, Russia and […]

10. on 21 Feb 2008 at 6:50 pm   Emerging markets to spend $1trillion on IT - Gartner » thePicky.com
    
    

    […] Russia, India and China (BRIC Economies) will lead this growth, according to Gartner, and spending in those four states will make up a […]

11. on 01 Mar 2008 at 12:59 pm   AT&T eyes India’s soaring mobile sector » thePicky.com
    
    

    […] is keen to expand overseas, particularly in emerging markets such as India and the Middle […]

12. on 25 Mar 2008 at 6:45 pm   Indian entertainment industry to grow 16.7 per cent a year » ThePicky.com
    
    

    […] According to the report by Federation of Indian Chambers of Commerce and Industry of India (FICCI) and PricewaterhouseCoopers (PWC) Indian Entertainment industry will grow faster than its counterparts in Brazil, Russia and China (BRIC countries) […]

13. on 25 Mar 2008 at 7:29 pm   Indian entertainment industry to grow 16.7 per cent » eXtraMirchi.com
    
    

    […] According to the report by Federation of Indian Chambers of Commerce and Industry of India (FICCI) and PricewaterhouseCoopers (PWC) Indian Entertainment industry will grow faster than its counterparts in Brazil, Russia and China (BRIC countries) […]

14. on 02 Jul 2008 at 10:07 am   10 Things for India to Achieve its 2050 Potential
    
    

    […] to Achieve Its 2050 Potential, is a grim reminder that India has fallen to the bottom of the four BRIC nations (Brazil, Russia, India, and China) in its growth scores, due largely to government inertia. The […]

15. on 17 Jul 2008 at 4:03 am   Joel Santiago
    
    

    Huge market and cheap labor force matters.

16. on 08 Oct 2008 at 6:17 am   worldwide
    
    

    hey i think we all should start investing in China and India!!

    anyone else with me

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