Brazil, Russia, India, & China

Agenda
Origin of Term Other Terms Facts about BRICs Country-wise analysis of
Economy Political Environment Social Indicators

Issues faced by BRICs BRICs - Future

Origin of Term
Coined by Goldman Sachs in a report in 2001
In 2001 and 2002, real GDP growth in large emerging market economies will exceed that of the G7 At end-2000, GDP in US$ on a PPP basis in Brazil, Russia, India and China (BRIC) was about 23.3% of world GDP. On a current GDP basis, BRIC share of world GDP is 8%. Using current GDP, Chinas GDP is bigger than that of Italy. Over the next 10 years, the weight of the BRICs and especially China in world GDP will grow, raising important issues about the global economic impact of fiscal and monetary policy in the BRICs. In line with these prospects, world policymaking forums should be re-organised and in particular, the G7 should be adjusted to incorporate BRIC representatives

Origin of Term GS report 2001

The aggregate size of the BRICs was about 23.3% of world GDP at the end of 2000
Higher than Euroland and Japan

Size of BRICs currently is 8% (as per GDP)

Some are larger than G7 nations China > Italy & Canada

Analysis projected 4 possible scenarios of the future

BRICs rise from 8% to 12% - A BRICs rise from 8% to 27% - D BRICs should be part of Global Economic Policy

Predictions for 2010-11

China to be bigger than Germany Brazil and India closing in on Italy Brazil will experience the weakest growth China will become a better trading nation than the #3 rank it has

BRICs Some key Facts

Population 40% Land 25% GDP 15-16 trillion Mfcg Goods China Services India Raw materials Russia & Brazil 2050
USA 38 India 37 China 70 Brazil 11 Russia - 8

Other Terms
BRIMC BRIMCK BRICK BRICS CEMENT

Brazil Key facts

Portuguese colony 5th largest country in the world
8.5Mn sq. Kms 3 time zones

Rich in natural resources Worlds largest river Amazon Population 192 Mn

5th largest Density of Population 22 per Sq. Km

Forest Cover 57%

2nd largest forest area in the world Amazon Heat Sink

Brazil Economy
GDP
1.984 Tn (PPP) & 1.612 Tn (Nominal) Rank 9th PCI $10,455 Growth rate 5.1% Agriculture 6.5%; Industry 25.8%; Services 67.7%

Inflation 5.5% Labor Force 95Mn Exports

$158 Bn Aircraft, Automobiles, Sugar, Ethanol, Textiles, Iron Ore, Orange Juice, Beef

Imports
$136 Bn

Forex Reserves - $238 Bn

Brazil Social Indicators & Political Environment

Democratic Federal Republic Presidential System
Luiz Inacio Lula Da Silva Workers Party

Political Environment
Stable

HDI
0.813 - HIGH Rank 75

Poverty 26% Crime 23.8 Infant Mortality 34 Literacy 88%

Russia Key facts

Largest country in the world
17Mn sq. Kms 11 time zones

Rich in natural resources

Highest Natural Gas reserves

2nd largest Coal reserves 2nd Highest Oil producer 4th highest Nuclear Energy

10% of Worlds arable land Water resources 2nd in the world Population 142 Mn
9th largest Density of Population 8 per Sq. Km

Forest Cover %
Largest forest area in the world

Russia Economy
GDP
2.126 Tn (PPP) & 1.255 Tn (Nominal) Rank 6th PCI $15,200 Growth rate 8.1% Agriculture 5.2%; Industry 37%; Services 57.8%

Inflation 11.9% Labor Force 75Mn Exports

$471 Bn Oil, Natural Gas, Minerals, Timber, Arms, IT Services,

Imports
$291 Bn

Forex Reserves - $597 Bn Economic crisis 1990s

Russia Social Indicators & Political Environment

Federation Semi-Presidential System
President Head of State Vladimir Putin Dimitry Medvedev

Political Environment
Stable

HDI
0.817 - HIGH Rank 71

Poverty 14% Crime 30 Infant Mortality 69 Literacy 99.4%

China Key facts

3rd/4th Largest country in the world
9.6 Mn sq. Kms 1 time zone

Rich in natural resources 10% of Worlds arable land Worlds largest exporter
2nd largest importer

Largest standing army Population 1338 Mn

Largest Density of Population 139 per Sq. Km

Forest Cover 20%

China Economy
GDP
8.8 Tn (PPP) & 4.9 Tn (Nominal) Rank 3rd PCI $6,500 Growth rate 8.7%
Distribution of growth

Agriculture 10.6%; Industry 46.8%; Services 42.6%

Inflation -0.7% Labor Force 812Mn Exports

$1200 Bn Office machinery, telecom equipment, Apparel

Imports
$1010 Bn

Forex Reserves - $2399 Bn Economic reforms 1978

China Social Indicators & Political Environment

Peoples Democratic Dictatorship Single Party system Presidential System
Hu Jintao

Political Environment
Un-Stable

HDI
0.772 - MEDIUM Rank 91

Poverty 10% Crime 30 Infant Mortality 69 Literacy 99.4%

ANNEXURES

Brazil - Map

Brazil - Deforestation

HDI

Gini

Russia - Map

Russia - GDP

Russia - Exports

China - GDP

China GDP Growth Rates

China - Distribution of growth

China Natural Resources

China Exports