Brics Countries

In: Social Issues

Submitted By aliutta
Words 2642
Pages 11
TABLE OF CONTENTS

1 INTRODUCTION ........................................................................... 3
1.1 INTRODUCTION AND STRUCTURE ................................................................ 3

2 MILITARY EXPENDITURES – BRIC COUNTRIES
2.1 BRASIL .......................................................................................................... 5
2.2 RUSSIA ......................................................................................................... 5
2.3 INDIA ............................................................................................................................................. 6
2.4 CHINA ........................................................................................................... 7

3 MILITARY EXPENDITURE - NATO ............................................................. 8
4 CONCLUSION ............................................................................................9
BIBLIOGRAPHY

10

3

1.1 INTRODUCTION AND STRUCTURE
The acronym BRIC summerize countries: Brazil, Russia, India and China. The BRIC countries are promising due to its huge population and the long-lasting economic growth, that’s why expectations of the market development are high. The inventor of the BRIC concept, Jim O'Neill, chief economist at the investment bank Goldman Sachs, published the study,, Dreaming with BRICs: The Path to 2050
" in 2003. His sensational report predicted:,, Over the next 50 years, Brazil, Russia, India and China
,the BRIC economies, could become a much larger force in the world economy”. O'Neill forecasts that already in 2040 the BRIC countries could achieve together a stronger economic power than the G6 countries USA, Japan, Germany, France, Great Britain and Italy. ( O`Neill, 2003, S.3 ff.)
After the dissolution of Soviet Union, the bipolar world is no longer…...

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