At South Africa summit, lack of cohesion weighs heavily on the BRICS
excerpt
The recently published
says that the BRICS are on track
to overtake the economies of
the longstanding Western powers.
“By 2020, according to projections developed
for this Report,
the combined economic output of
three leading developing countries alone
—Brazil, China and India—
will surpass the aggregate production of
Canada, France, Germany, Italy, the United Kingdom
and the United States,”
says the report.
author Tom Murphy's blog