Dreaming With Brics: The Path To 2050
Dreaming With Brics: The Path To 2050
Dreaming With Brics: The Path To 2050
emerging markets.
South Africa stands at a unique position to influence African
Economic development.
Build up relationship
BRICS Summit
The BRIC Countries Met For Their First Official
Contingent Reserve Arrangement and during the summit inaugural meetings of the
NDB were held, and it was announced it would be lending in local currency; and open
up membership to non-BRICS countries in the coming months
Extremely rich in resources such as coffee, sugarcane, iron , and crude oil etc.
Accounts for around 20% of the world’s oil and gas reserves.
Corruption.
INDIA
KEY ADVANTAGES:
1.15 billion people.
CHALLENGES:
The economy is growing but not fast enough.
Lack of skills, particularly in IT.
48% of the population is living below the poverty line
BRICS NATIONS FUTURE BANK
Head office:-Shanghai(china)
Establish:-2015
Cont.…
BRICS nations are develop a joint bank within the
BRICS nations for assistant them self, And to meet the
following reasons:
Growing emerging markets.
Climate change, food and energy security.
International economic exchange.
Financial assistant.
Populations control.
SWOT Analysis
Strength of the BRICS nations:
To use resources.
Market opportunities.
Economic developments.
lack of Infrastructure.
Regional development.
Monetary resources.
Dollar role.
Conclusion
BRICS nations have the potential and the resources to form a powerful
economy with greater opportunity than any other nation.
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