The BRICS come of age

By Hippolyte Fofack
CAIRO – Nearly 22 years after Jim O’Neill, then an economist at Goldman Sachs, coined the BRIC acronym to capture the economic potential of Brazil, Russia, India, and China, the group – called the BRICS since the addition of South Africa – contributes more to global GDP (in purchasing-power-parity terms) than the G7.

The article The BRICS come of age appeared first on Stabroek News.