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Remember when the BRICs were a trendy acronym? Obviously the individual parts have some relevance but not sure if the BRIC entity as a whole ever really meant a
by hammock 5y ago
Remember when the BRICs were a trendy acronym? Obviously the individual parts have some relevance but not sure if the BRIC entity as a whole ever really meant as much as it was promised.
- ghaff 5y agoBRIC was basically up and coming geos. (Obviously an oversimplification.) China became something much different (ADDED: and more complicated) from the other three. And the other three arguably didn't grow as much in relative economic importance as the acronym implied they would.
- hammock 5y agoExactly. Didn't turn out as promised.