BRIC o sedm let později

Title in English BRIC seven years later
Authors

LINNERTOVÁ Dagmar KRAJÍČEK Jan HŘEBÍČKOVÁ Eva

Year of publication 2008
Type Article in Proceedings
Conference Evropské finanční systémy 2008
MU Faculty or unit

Faculty of Economics and Administration

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.

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