BRIC o sedm let později
Title in English | BRIC seven years later |
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Authors | |
Year of publication | 2008 |
Type | Article in Proceedings |
Conference | Evropské finanční systémy 2008 |
MU Faculty or unit | |
Citation | |
Field | Economy |
Keywords | Goldman Sachs; BRIC; Brazil; Russia; China; Indie; emerging market; financial market; economic development; population |
Description | The term BRIC was first introduced in 2001 by Goldman Sachs investment bank. It is term used for combination of Brazil, Russia, India and China. There was main idea that these countries are rapidly developing and by the year 2050 will eclipse most of the current richest countries in the world. In this article we focus on the BRIC countries 7 years after first publishing of Goldman Sachs thesis. We will describe situation is particular BRIC countries and try to assume which factors back up this development. |