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DO YOU
KNOW
WHAT ARE

BRICS
BRICS
“In Economic, BRICS is an acronym that refers to
countries- Brazil, Russia, India, China and South Africa”
BRICS
• Jim O'Neill, global economist at Goldman Sachs.
• "Building Better Global Economic BRICs“

• BRIC became BRICS.
• Brazil, Russia, India, China and South Africa .
• Members are all developing or newly industrialised
countries.
MEMBER’S DATA
PURPOSE OF BRICS
• For improving the global economic situation and
reforming financial institutions, and discussed how the
five countries could better co-operate in the future.
• The economic potential of Brazil, Russia, India, China
and South Africa is such that they could become
among the four most dominant economies by the
year 2050.
• To expand industrial cooperation and make
contributions to world peace, prosperity and
development.
ESTIMATIONS…
6

5

4

3

2

1

0
Category 1

Category 2
Series 1

Category 3
Series 2

Series 3

Category 4
RESULTS
• In 2008, BRIC Accounted for 22% of the world economy, up from16%
a decade earlier.
• Total trade within the Brics grouping of countries amounted to $6.1billion,represents 16.8 percent of global trade.
• Agreed on the structure of a proposed development bank with $50
billion (€37.8 billion) in capital.
• Beginning of transforms from the model of establishing big
framework to methods of implementing substantial cooperative
projects in concrete fields.
• BRICS countries delivered a bigger common voice.
THANK YOU

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BRICS

  • 3. “In Economic, BRICS is an acronym that refers to countries- Brazil, Russia, India, China and South Africa”
  • 4. BRICS • Jim O'Neill, global economist at Goldman Sachs. • "Building Better Global Economic BRICs“ • BRIC became BRICS. • Brazil, Russia, India, China and South Africa . • Members are all developing or newly industrialised countries.
  • 6. PURPOSE OF BRICS • For improving the global economic situation and reforming financial institutions, and discussed how the five countries could better co-operate in the future. • The economic potential of Brazil, Russia, India, China and South Africa is such that they could become among the four most dominant economies by the year 2050. • To expand industrial cooperation and make contributions to world peace, prosperity and development.
  • 7. ESTIMATIONS… 6 5 4 3 2 1 0 Category 1 Category 2 Series 1 Category 3 Series 2 Series 3 Category 4
  • 8. RESULTS • In 2008, BRIC Accounted for 22% of the world economy, up from16% a decade earlier. • Total trade within the Brics grouping of countries amounted to $6.1billion,represents 16.8 percent of global trade. • Agreed on the structure of a proposed development bank with $50 billion (€37.8 billion) in capital. • Beginning of transforms from the model of establishing big framework to methods of implementing substantial cooperative projects in concrete fields. • BRICS countries delivered a bigger common voice.