11.07.2016 - Emerging Markets: Risk and Growth Opportunities
What will China’s economic slowdown mean for EM economies and the global financial market as a whole? When the BRIC acronym was first created in 2001 by Jim O’Neill, then chairman of Goldman Sachs Asset Management, it was to highlight the expected growth trajectory of the emerging market (EM) economies it represents – Brazil, Russia, India and China. More recently, South Africa has also been added to the concept – creating BRICS – and the notion that these non-Western nations represent future powerhouses of economic growth continues to this day...............................................Full Article: Source
Print