David Thomas shares his thoughts on working with BRIC nations in his latest blog post.
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It is now exactly 10 years since Jim O’Neill, then the newly appointed Head of Economic Research at Goldman Sachs wrote a research paper “Dreaming with BRICs” in which he predicted that the global economy in the coming decades would be propelled by the growth of four populous and economically ambitious countries: Brazil, Russia, India and China, and famously coined the acronym “BRIC”.
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After 18 years of negotiations Russia has been welcomed into the World Trade Organisation (WTO).
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Why was South Africa present at the BRIC 2011 Leaders summit? Where is China going in 2011? David Thomas of Think Global Consulting charts the movements of the BRIC nations as they influence the course of global economics.
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Back in early 2009, at the height of the global financial crisis, I predicted that the market to watch was Brazil. I thought Brazil offered the strongest prospects for investors and businesses looking to tap into its rapid growth fuelled by domestic consumption, infrastructure investment and intra BRIC trade. In truth, this wasn’t a difficult [...]
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Australian meat exports to Russia and the Middle East reached unprecedented levels in 2011, according to Meat and Livestock Australia. Beef exports surged in November, adding to increased annual demand from South East Asia, including Korea (9 percent), and developing markets the Philippines (12 percent), Malaysia (21 percent) and Taiwan (25 percent), but Russia has [...]
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Prime Minister Julia Gillard has greenlighted uranium exports to Russia, reviving a controversial deal initially brokered by the Howard government. Gillard ratified an agreement with Russian president Dmitry Medvedev on 12 November at the G20 summit in Seoul. Originally the deal was blocked by a parliamentary committee which demanded Russia met a series of safety [...]
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By now you shouldn’t need convincing that the future growth of your business depends on your success in targeting new, dynamic and aspirational middle class consumers from the Big Rapidly Industrialising Countries of Brazil, Russia, India and China. If you do, however, you must read the summary of the November Trend Briefing from trendwatching.com, which [...]
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There has been a lot of talk recently about the emergence of the new middle class consumer, their substantial and increasing buying power, and the explosion in the number of new internet and mobile phone subscribers from each of the four BRIC countries (Brazil, Russia, India and China). McKinsey has published a number of interesting [...]
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Emergence of the BRIC (Brazil, Russia, India and China) economies will be one of the greatest influences and opportunities for business and investment in the next decade. Just as Britain grew to dominance during the industrial revolution of the 1800s and the US during the 1900s, this century will, and is already seeing, the emergence [...]
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