bric

The Origin of the Term "BRIC" and What It Means The term "BRIC" refers to the first letters of four major emerging economies: Brazil, Russia, India, and China. The concept was originally coined by Jim O'Neill, an economist at Goldman Sachs, in a 2001 paper titled "Building Better Global Economic BRICs." In this paper, O'Neill highlighted the potential of these four countries to play a significant role in the global economy due to their large populations, rapidly growing economies, and increasing influence on international affairs. What are the BRIC countries? The BRIC countries are Brazil, Russia, India, and China. These nations were grouped together based on their shared characteristics of being large, fast-growing emerging markets with significant potential to impact the global economic order. Over time, the term has been used to describe not only the economic potential of these countries but also their increasing political and social influence on the world stage. In 2011, South Africa joined the group, and the acronym was expanded to "BRICS" to include the "S" for South Africa.
2009-6-17 10:12
The term "BRICs" comes from the English word, referring to Brazil, Russia, India and China. These four countries are called "BRICs" because the pronunciation o......
The Origin and Development of the "BRIC Countries" 6.16 BRIC Summit was held in Yekaterinburg, Russia
2009-6-16 16:19
The term "BRIC" refers to four major countries: Brazil (Brasil), Russia (Rossiya), India (Bharat), and China (Zhongguo). The acronym "BRIC" is formed from the ......