BRICs theory was first introduced by Jim O’Neill, managing director of Goldman Sachs (investment bank) in 2003. The four BRIC countries are, Brazil, Russia, India and China. The Goldman Sachs’ thesis contemplated that the economies of the BRICs are rapidly developing and by 2050 will eclipse most of the current richest countries of the world. [...]
Filed under: International | Tagged: 21st Century, America, Bill Gates, Brazil, BRIC, BRIC Countries, BRICs Theory, Cambridge, China, Citizens, Consent, Constitution, Corruption, Courts, Cronyism, Economic Power House, Emerging Economies, Executive, Genius, Goldman Sachs, Governed, Harvard, Immigrants, Immigration, Independence, India, Intellectual Infrastructure, Investment Bank, Irish, Jerry Yang, Jim O'Neill, Judiciary, Justices, Larry Page, Legislator, Managing Director, Massachusetts Institute of Technology, Mexico, MIT, Oxford, Permanent Residents, Political Environment, pPolitical Stability, Rejuvenated, Research Laboratories, Revolutionary War, Rule of Law, Russia, Sergey Brin, South Africa, South Korea, Stalemate, Stanford, Steve Jobs, The United States, The United States of America, Universities, Vietnam, Western-World, World-Class | 1 Comment »