Fix the broken BRICS

Since Jim O’Neill coined the phrase BRIC back in 2001, the grouping has come a long way, from being formalised in 2009 to the incorporation of South Africa. Today, BRICS (Brazil, Russia, India, China and South Africa) is a formidable economic and political force to reckon with. The high economic growth of BRICS economies and the natural demographic dividend of the BRICS are signs that a structural edge relative to the rest of the world rests with the BRICS.

Read Full Story>>