Brazil, Russia, India, and China (BRICs)

Brazil, Russia, India, and China (BRICs)

Acronym for four large low-income countries, Brazil, Russia, India, and China, that were growing rapidly in the early years of the 21st century. Term was coined by researchers at Goldman Sachs in 2003, reflecting their expectation that the BRICs would eventually dominate the world economy.

This is auto-generated content. You can help to improve it.

0 0

Improve it

Add an image

Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Economy
Category: International economics
Company: University of Michigan
Product:
Acronym-Abbreviation:

Collect to Blossary

Other Languages:

Related terms

BRICS

Economy; International economics

BRICS is an international political organisation of leading emerging economies. Its five members are Brazil, Russia, India, China and South Africa (prior to South Africa’s ...

circular economy

Economy; International economics

New development strategy, new economic development pattern, aiming at maximizing resource efficiency as well as minimizing waste discharge, and realizing sustainable economic and ...

Wenzhou

Economy; International economics

Wenzhou is a mid-size coastal city in China's eastern province Zhejiang. The name Wenzhou became viral in Wall Street and international business circles in April 2012 after the ...

François Hollande

Economy; International economics

François Hollande (born 12 August 1954) is a French politician who defeated Nicolas Sarkozy to become the 24th president of France on May 6, 2012. Prior to winning the presidency, ...

quantitative easing round 3 (QE3)

Economy; International economics

The U.S. Federal Reserve's 3rd round of stimulus aimed at shoring up the country's economy since the 2007 world financial crisis. It's designed to inject a large amount of extra ...

Geuro

Economy; International economics

To rebuild Greece economy some European economists recommend to launch a new currency for Greece. They call it Geuro.

Terms in the News

Featured Terms

Harry8L

0
Terms
0
Blossaries
1
Followers

Industry/Domain: Language Category: General language

Gomera whistle

Silbo on the Canary Islands, Spain, and Tecp á n island is one of the best-studied whistled languages. Number of distinctive sounds or phonemes in ...