PPT ON BRICS

1. PRESENTED BY:
AKASH DEEP KAMAL
ATRI ROY
NEHA SINGH
NILESH SAHA

2.  BRICS stands for Brazil, Russia, China, and
South Africa.
 Came into existence in 2001 as BRICS nation
 It is the fastest growing and emerging economics
 BRICS is the international political organization
of leading emerging economies. Its five members
are all developing industrialized countries
 The term BRICS was used for the first time in the
Goldman Sachs report 2003

3.  The BRIC became a mechanism through which the
countries can exchange opinions, seek convergence,
identify areas of cooperation and influence the
international agenda.
 Officially it was admitted as a BRIC nation on 24
December 2010
 With the entrance of South Africa, at the 3rd BRICS
Summit, in April 2011, the BRIC became BRICS, with
capital "S".
3

4.  Vast Land Area
 Developing Economy Globally
 Friendly Trade Relations
 Challenges Related To Economic And Social Integration
 Desire To Make The International Order More Representative
 Possibility Of Cooperation In Many Areas

5.  To achieve regional development
 To remove trade barriers
 Economic development
 Optimum use of resources
 Building relationship

7. KEY ADVANTAGES :
 One of the fastest growing economies in the last centuries
 Brazilian economy becoming less dependent on imports
 Extremely rich in resources such as coffee, sugarcane, crude oil
and iron etc.
 Focus on equitable development has resulted in significant
poverty reduction.
CHALLENGES FOR THE FUTURE:
 Overburdened and ineffective judicial system.
 Industrial output is weak

8. KEY ADVANTAGES:
 Russia has capability in high-technology sectors
 Accounts for around 20% of the world’s oil and gas reserves
 fall in the number of people living below the poverty line
CHALLENGES FOR FUTURE
 Labour shortages and poorly developed infrastructure
 Corruption

9. KEY ADVANTAGES
 1.15 billion people
 2nd largest labour force
 Approximately 2.5 million college graduates per year
CHALLENGES FOR THE FUTURE
 Improving basic educational achievement
 Improving infrastructure and electrical capacity
 Expanding technology industry

10. KEY ADVANTAGES
 Broad expansion of educational achievement
 Rapid economic growth
 Third largest country in land size
CHALLENGES FOR THE FUTURE
 support to rural areas and less-developed regions
 Bank of China sees inflation as a bigger risk
 Need to improve the investment

11. KEYADVANTAGE
 The South African economy is now the 23rd largest in the
world
 Inflation is now below 5% and falling.
 25% of goods produced in South Africa are for export
CHALLENGES FOR THE FUTURE:
 The economy is growing but not fast enough
 Lack of skills, particularly in IT.
 48% of the population is living below the poverty line

12. 12
CONTRIBUTION TO GDP
26 % of Earth's land area
42 % of world's population
46% of world’s work force
19 % of world s nominal GDP

13. 13

15. Trade between Brazil, Russia & Rest of BRICS

16.  Trade between India, China & Rest of BRICS

17.  Trade between South Africa & Rest of BRICS
 Source based on UN COMTRADE and http://wits.worldbank.org/wits/

18.  To support growth on the continent, notably during the recent
financial crisis
 South Africa’s financial market development and
sophistication
 The World Economic Forum’s 2011/12 Global
Competitiveness Index displayed a high level of confidence in
South Africa’s financial market development, ranking the
country in fourth place globally on this measure.
 Among BRICS members, South African exports to China
grew the most, at 46%, while exports to India grew by 20%, to
Brazil by 14% and by 7% to Russia.

19.  Manufacturing, services and
agriculture
 Energy, infrastructure, mining
beneficiation and healthcare
 Construction and water provision
 The green economy and tourism

20.  India is also expected to grow faster than China after
2020
 India- Characterized by a low share of consumption
and high savings.
 Rising incomes in the BRICs nations will create a
new middle consumer class
 Featured as- “Roadmap For Contribution”
 Important drivers for growth in the global economy.
 Expansion of their consumer markets and the rise of
multinational companies
 the establishment of a “positive multipolarity" in
international affairs

21.  The BRICS were seen by Brazilian diplomats and
scholars as a useful mechanism to project Brazil
internationally in a rapidly changing global
landscape.
 Lost speed and altitude over the past two years
 Chances of Intra Trade Disputes are high
 Difficulties of articulating their conflicting interests
in some sort of common vision became more evident.
 Different viewpoints and influence in the
international arena.

22.  BRICS will remain a useful mirror
 Brazilian comparisons with China and India in
regards to economic factors
 overcoming current obstacles to higher
sustainable growth
 drive productivity and competitiveness in an
increasingly integrated world economy
 a central role in dealing with global challenges
and threats.

23. Credit goes to:
AANN

24. http://www.unitedworld.edu.in/
Campus
Ahmedabad Campus: Karnavati KnowledgeVillage,
A/907,Uvarsad, S.G.Highway, Gandhinagar
Kolkata Campus: Infinity Benchmark Tower 10th Floor, Plot -
G1, Block - EP& GP, Sec -V, Salt Lake, Kolkata.
Reg. Office: 407, Zodiac Square, 4th Floor Opp. Gurudwara,
S.G. Road, Bodakdev, Ahmedabad.