Farewell to BRIC-building funds
The economies of Brazil, China, India and Russia are in considerable disarray.
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It’s official: BRIC is dead. The acronym stands for Brazil, Russia, India and China, specifically in the context of block investment in all four economies through securities markets.
It was coined in 2001 by Goldman Sachs economist James O'Neill in a paper entitled Building Better Global Economic
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Farewell to BRIC-building funds
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