BRICS
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BRICS is an organization that originally included Brazil, Russia, India, and China, with South Africa joining in 2010. Together these five nations represent over 1/4 of the world's population and GDP. Through forums and cooperation on business, science, technology, and culture, BRICS encourages collaboration between member countries to leverage growth opportunities. While each BRICS nation has a distinct economy and culture, together they analyze individual country data to plan results benefiting all. China and India in particular are anticipated to become global superpowers due to their large markets and growth potential.
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The document discusses the role of BRICS (Brazil, Russia, India, China, South Africa) in international trade and development. It outlines the objectives of BRICS, which include regional development, removing trade barriers, and economic cooperation. BRICS countries have increased their financial and technical assistance to other nations over the last decade. The formation of the New Development Bank by BRICS is highlighted as a way to balance influence from the World Bank and IMF.Role of BRICS in Development of International Trade
Role of BRICS in Development of International TradeThakareSaurabh
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BRICS, an acronym for Brazil, Russia, India, China, and South Africa, plays a significant role in international trade and economic cooperation among its member nations. The group aims to promote economic development, remove trade barriers, and become a dominant supplier of goods and services by 2050, collectively accounting for 17% of global trade and one-third of global GDP. The New Development Bank, established by BRICS, further strengthens the group's influence by providing an alternative to Western-dominated financial institutions.BRICS.ppt
BRICS.pptPrakashGiri41
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This document provides an overview of BRICS, the international organization of leading emerging economies comprising Brazil, Russia, India, China and South Africa. It discusses the origins and history of BRICS, including the locations and leaders of BRICS summits from 2009 to 2017. It also summarizes the focuses and strengths of BRICS, including the populations and economies of BRICS member countries. The document outlines the establishment of the New Development Bank by BRICS nations in 2015. It concludes with highlights from the 2017 BRICS summit in Xiamen, China, including condemnation of terrorism and North Korean nuclear tests.Brics-latest 2017
Brics-latest 2017Santosh Meka
油
BRICS is an international political organization comprising Brazil, Russia, India, China, and South Africa, formed to foster economic cooperation among emerging economies. Established in 2009 and expanded to BRICS in 2011, it aims to enhance partnerships in areas like development, governance, and investment. The New Development Bank, created by BRICS, focuses on funding sustainable projects across member states.An Analysis of BRICS as an International Organization
An Analysis of BRICS as an International Organizationuniversity of botswana
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BRICS, initially comprising Brazil, Russia, India, and China, was formed to represent emerging economies and shift global economic power from the G7. The group aims to enhance trade, education, technology, and economic growth among its members while addressing challenges such as competition and differing political systems. Future prospects include the potential to rival the G7 in GDP by 2050 and the establishment of a development bank to provide loans in local currencies.BRICS Joint Statistical Publication 2016
BRICS Joint Statistical Publication 2016KROTOASA FOUNDATION
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This document is the BRICS Joint Statistical Publication for 2016 containing data on key socio-economic indicators for Brazil, Russia, India, China and South Africa. It includes 15 chapters with statistics comparing the BRICS countries on topics such as population, labor force, national accounts, price indices, standards of living, resources and environment, industry, energy, agriculture, transport, information and communication technology, finance, and external economic relations. Each chapter contains summary tables and graphs as well as more detailed country-specific tables and explanatory notes.Brics by SURANJAN
Brics by SURANJANSURANJAN JEET
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This presentation provides an overview of BRICS (Brazil, Russia, India, China, South Africa). It discusses the origins and meaning of the term, areas of focus, objectives, and history of BRICS summits. Financial contributions and a SWOT analysis are presented. Criticisms are outlined, and the future potential of BRICS as an economic bloc is discussed, with an expectation that BRICS countries will account for over 40% of global GDP by 2050.BRICS Nations
BRICS NationsDeep Das
油
The document provides information on the BRICS nations (Brazil, Russia, India, China, South Africa). It lists the current leaders and finance ministers of each country. It also provides key economic data including GDP, population, area, and other statistics for each BRICS nation as well as in total. The history and developments of the BRICS group are summarized, including details on the first 5 summits hosted between 2009-2013.Ad
BRICS
- 1. Mohammad Sabuz Class: Managing in a Global Economy BRICS BRICS, originally known as BRIC included Brazil, Russia, India, and China. In 2010 South Africa was brought in and BRIC became BRICS. These nations represent 1/4 of the world1, almost 3 billion people and a combined nominal GDP of $16.039 trillion and an estimated $4 trillion in foreign reserves as of 20132. As a result of BRICS forum encouraging business and entrepreneurship, commercial, competition, science and technology, innovation, and cultural cooperation between the BRICS nation3 along with many others, these five nations are developing and are becoming very industrialized. BRICS has a network of academic units, entrepreneurs, innovators, business and investors who are all within the BRICS nations. They allow a member from each state to collaborate and tackle focus areas with another member to enhance recourses while leveraging growth. These nations, each with distinctive economy, cultures, and languages allows them combine and analyses data of individual countries to plan and produce relevant results4 that benefits all of the BRICS countries. 1 https://www.youtube.com/watch?v=IBBCa7P4d1o 2 http://www.imf.org/external/pubs/ft/weo/2013/01/weodata/weorept.aspx?pr.x=91&pr.y=5&sy=2011&ey=2018& scsm=1&ssd=1&sort=country&ds=.&br=1&c=223%2C924%2C922%2C199%2C534&s=NGDPD%2CNGDPDPC%2CPPP GDP%2CPPPPC&grp=0&a= 3 http://www.bricsforum.org/brics-forum/ 4 http://www.bricsforum.org/contact-us/
- 2. Mohammad Sabuz Class: Managing in a Global Economy The member countries as a whole take over a very large part of the world but are very unique on its own. Take population for instance, Brazil is estimated to have about 199.321 million people, which is a 1.3% increase from last record5. China peaks at an estimate of 1.354 billion people, while India at 1.27 billion which is a 2.3% increase. Russia actually dropped .17% in population to 142.590 million and South Africa at only 51.19 million. Living standards per capita GDP differ as well. South Africa at 11,3756, while India at only $4,077.0577. China is $9,844.031, Russia at $$17,884.489, and Brazil at $12,220.904. Even though China and India have the lowest GDP per capita compared to the other nations, they have the largest market exposure and have the most opportunity to its immediate markets at a much lower overhead price. The other nations who are part of the BRICS are able to collaborate with these markets and tap into a much larger market easily by introducing business collaboration between nations for growth opportunities. 5 http://www.worldpopulationstatistics.com/brazil-population-2013/ 6 http://www.heritage.org/index/country/southafrica 7 http://www.imf.org/external/pubs/ft/weo/2014/01/weodata/weorept.aspx?sy=2013&ey=2013&ssd=1&sort=cou ntry&ds=.&br=1&pr1.x=16&pr1.y=7&c=512%2C668%2C914%2C672%2C612%2C946%2C614%2C137%2C311%2C96 2%2C213%2C674%2C911%2C676%2C193%2C548%2C122%2C556%2C912%2C678%2C313%2C181%2C419%2C867 %2C513%2C682%2C316%2C684%2C913%2C273%2C124%2C868%2C339%2C921%2C638%2C948%2C514%2C943% 2C218%2C686%2C963%2C688%2C616%2C518%2C223%2C728%2C516%2C558%2C918%2C138%2C748%2C196%2 C618%2C278%2C522%2C692%2C622%2C694%2C156%2C142%2C624%2C449%2C626%2C564%2C628%2C565%2C 228%2C283%2C924%2C853%2C233%2C288%2C632%2C293%2C636%2C566%2C634%2C964%2C238%2C182%2C6 62%2C453%2C960%2C968%2C423%2C922%2C935%2C714%2C128%2C862%2C611%2C135%2C321%2C716%2C24 3%2C456%2C248%2C722%2C469%2C942%2C253%2C718%2C642%2C724%2C643%2C576%2C939%2C936%2C644 %2C961%2C819%2C813%2C172%2C199%2C132%2C733%2C646%2C184%2C648%2C524%2C915%2C361%2C134% 2C362%2C652%2C364%2C174%2C732%2C328%2C366%2C258%2C734%2C656%2C144%2C654%2C146%2C336%2 C463%2C263%2C528%2C268%2C923%2C532%2C738%2C944%2C578%2C176%2C537%2C534%2C742%2C536%2C 866%2C429%2C369%2C433%2C744%2C178%2C186%2C436%2C925%2C136%2C869%2C343%2C746%2C158%2C9 26%2C439%2C466%2C916%2C112%2C664%2C111%2C826%2C298%2C542%2C927%2C967%2C846%2C443%2C29 9%2C917%2C582%2C544%2C474%2C941%2C754%2C446%2C698%2C666&s=PPPPC&grp=0&a=
- 3. Mohammad Sabuz Class: Managing in a Global Economy Overall these nations have emerging economy and will continue to grow. China8 and India9 are highly anticipated to be one of the superpower nations in the world. Growing nations such as Turkey and Indonesia are potential candidates to be part of the BRICS organization. Current BRICS nations, India, Brazil and South Africa want Argentina to be part of the group10, who had a GDP of $17,554.1211 with only 7.112 unemployment rate. Its clear that BRICS has a clear vision for growth and new opportunities as mentioned on their forum and a strong network to work with and to collaborate with. Ultimately, BRICS nation will continue to grow and will soon be able to face current superpowers head-to head13. 8 http://www.theguardian.com/commentisfree/2006/jun/15/comment.china 9 http://realtruth.org/articles/434-iasitm.html 10 http://www.clarin.com/politica/India-quiere-Argentina-BRICS-emergentes_0_1131486910.html 11 http://www.tradingeconomics.com/argentina/gdp-per-capita-ppp 12 http://www.tradingeconomics.com/argentina/unemployment-rate 13 http://en.wikipedia.org/wiki/Potential_superpowers