Goldman Sachs Paints Picture of Changing World Order

The Georgia Straight | July 31, 2008
You have to hand it to the economics team at Goldman Sachs. It came up with the concept of the "BRICs": the four big economies, in Brazil, Russia, India, and China, which were going to catch up with and then overtake the big economies of the developed world. More recently, they added the "Next Eleven": middle-sized developing countries like Turkey, Indonesia, and Mexico that will also grow fast enough to overtake their old-rich counterparts in the next generation.

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The Georgia Straight has been an integral part of life in Vancouver B.C. for over 43 years. In addition to feature stories on everything from politics and social issues to local underground musicians and artists, every issue includes details on...
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