Brazil: growth, adaptive capacity & new green technologies
environmental opportunities and antagonisms for Brazil in the 21st CenturyArchive for Bric
O’Neil: Dont write off Brics yet
” Rather than suggesting our Bric dream may be derailed by the global recession, the notion that the Brics can become collectively bigger than the G7 by 2035 is becoming more plausible.” Jim O’Neil – ‘Bric’ term coiner. Full article here
Infamous Brazilian shopper?
Jim O Neil, coiner of term BRIC, explains how internal demand from large emerging economies will compensate for adverse credit conditions in the US.
” According to our (Goldman Sachs) latest estimates, so far this decade there has been nearly as much global demand from the BRIC countries as from the US. Going forward, their share of global demand will start to move towards that of all the G7 nations .”
Decoupling to Recoupling
Jim O Neil, chief economist at Goldman Sachs, explains where the markets are regarding links to the US economy. China, whose retail spending is now higher than that of the US, has decoupled taking with it economies connected to and supporting to its continued growth.
Bric not bRIC
Wide ranging audio interview from Estadao.com.br (port) with Chris Garman, Director of Latin America practice at consulting firm Eurasia.
