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The BRICS

A
AFP English

1 Views • Oct 12, 2016

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The acronym BRIC was coined in 2001 by Goldman Sachs chief economist Jim O’Neill to describe the emerging economies of Brazil, Russia, India and China. The term quickly became shorthand for the emerging market giants. South Africa joined BRIC nations in 2010, and the group is now known as the BRICS.VIDEOGRAPHIC

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