BRICS: How an acronym from Goldman Sachs morphed into a strategic economic bloc
g at xny.io
Mon Sep 12 09:41:57 PDT 2022
The BRICS economic bloc is made up of five of the world’s biggest emerging
economies: Brazil, Russia, India, China and South Africa.
The acronym started as “BRIC” in 2001, when Goldman Sach’s then-chief
economist Jim O’Neill predicted that the economic weight of Brazil, Russia,
India and China could eclipse the world’s biggest economies in the next
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