The rise and fall of the BRICs: analyze why Jim O’Neill was not correct about his argument on the BRIC countries arguing and that the BRICS era is over.
The rise and fall of the BRICs In 2001, Jim O’Neil looked at the GDP standings of the world economies and using GDP projections observed that Brazil, Russia, Indian and China (the BRICs) share of world GDP was set to rise dramatically. Paper available here for reference: https://www.goldmansachs.com/insights/archive/building-better.htm (November 30, 2001). Analyze why Jim O’Neill … Read more