Volume : II, Issue : XII, December - 2013

Big BRICS, Weak Faith on Each Other and Optimistic for Ruling the World

Phani Kumar Katuri , Prof. K. S. Rao

Abstract :

The five BRICS countries are distinguished from a host of other promising emerging markets by their demographic and economic potential to rank among the world’s largest and most influential economies in the 21st century .Together, the five original BRICS countries comprise more than 3 billion people or 44 percent of the world’s population, cover more than a quarter of the world’s land area over three continents, and account for more than 29 percent of global GDP. In 2001, Jim O\'Neill at the Goldman Sachs Bank published a paper where he coined the term “BRICs” in order to identify the largest emerging markets in the world. This paper try to explain the BRICS countries scope for development and facing critical challenges without losing the optimistic future.

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Phani Kumar Katuri , Prof.K. S.RAO Big BRICS, Weak Faith on Each Other and Optimistic for Ruling the World International Journal of Scientific Research, Vol.II, Issue.XII December 2013

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