Testing and Development Challenges for Complex Cyber-Physical Systems: Insigh...
Brics
1.
2.
3. The foreign ministers of the initial
four BRIC countries (Brazil, Russia,
India, and China) met in New York
City in September 2006, beginning a
series of high-level meetings. A full-scale
diplomatic meeting was held
in Yekaterinburg, Russia, on 16 May
2008.
5. KEYADVANTAGES
One of the fastest growing economies in last century.
Brazilian economy becoming less dependent on exports.
Extremely rich in resources such as coffee, sugarcane,iron and
crude oil etc.
15. BRICS Countries Statistics
Brazil, Russia, India, China and South Africa
BRICS Countries make up approximately 40% of the worlds population.
BRICS control 25.9% of the total geographic area of the world.
BRICS make up 25% of the global GDP.
BRICS currencies Could Appreciate by 300% by 2050.
BRICS holds 3.93 trillion in foreign reserves.
The rising middle class in these countries has increased their purchasing
power.
The GDP growth rates for BRIC countries are much higher than in developed
countries markets.
By 2050, three of the largest four economies will be from Asia.