BRAZIL, RUSSIA, INDIA, INDONESIA, CHINA, SOUTH AFRICA - BRIICS

Acronym created for the first time by Goldman Sachs to define the new emerging global economies as Brazil, Russia, India, Indonesia, China and South Africa. At first, the original term appeared to define just the BRIC (Brazil, Russia, Indonesia and China) and it was presented in a report written by the Goldman Sachs investment bank in 2001 (authored by Jim O'Neill), referring to the key-actors of the next fifty years.
Editor: Claudio DICEMBRINO
© 2009 ASSONEBB