Can the Bric countries growth story be sustained?

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From Archive 24 January 2011

By Lloyd Reynolds, Head of Sub-advisory in Asia, for Goldman Sachs Asset Management

In 2001, Goldman Sachs Investment Research team created the Bric (Brazil, Russia, India, China) concept in an effort to identify the world’s fastest growing economies. By 2050, it was forecasted that the Bric economies could collectively rival the G7, in terms of share of global growth. GIR now believes this timeline is conservative the speed of development is such that the Bric economies could rival the G7 by 2032.

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