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BRIC

BRIC (Brazil, Russia, India, and China) is a coalition of regional and superpowers proposed recently by Russian President Vladimir Putin. The coalition would encompass over forty percent of the world's population and hold a combined GDP [PPP] of 12.14 trillion international dollars. On almost every scale, it would be the largest entity on the global stage. The idea was proposed because of growing concerns regarding the domination of the United States and the European Union over the world economy and political scene. As all the member economies (except Brazil) have experienced enormous growth in the past few years, and are expected to continue on this path, the coalition will likely grow to be a larger threat to Trans-Atlantic economic interests.

01-04-2007 01:16:19
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