It is Time to Re-define Emerging Markets
18 February 2011This will be the tenth year since the acronym BRIC came into existence. It has become synonymous with the remarkable rise of those four countries—Brazil, Russia, India and China—as well as some others, and their influence on the world economy.
It is almost eight years since GS Global ECS Research first published an outlook to 2050 which suggested that these four economies could collectively be bigger than the US and, along with the US, could become the five biggest in the world based on their likely USD value of gross domestic product.
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It is Time to Re-define Emerging Markets
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