AltWeeklies Wire
Goldman Sachs Paints Picture of Changing World Ordernew
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.
The Georgia Straight |
Gwynne Dyer |
07-31-2008 |
Economy
