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Business Daily: BRICs at 10 - what next? 02 Dec 11

BRICs at 10 - what next? 02 Dec 11

02/12/2011

BBC World Service - Business Daily, BRICs at 10 - what next? 02 Dec 11

The Bric economies have had ten phenomenal years of growth. Will it continue?

The Brics have had ten years of rapid growth. We hear from Jim O'Neill about the new global economic map. Plus an exclusive discussion between the finance ministers of Nigeria and South Africa.

It's been ten phenomenal years of growth for the so-called Bric economies. 

Since the term was first coined by Jim O'Neill of Goldman Sachs in 2001, 

Brazil, Russia, India and China have emerged as industrial powerhouses. 

We hear from Jim O Neill about how the decade has transformed the global economic map. 

Can the same trends continue? And are others, like Nigeria, about to join the new world order? 

We have an exclusive discussion between the finance ministers of Nigeria and South Africa, Ngosi Okonjo-Iweala and Pravin Gordhan, on their thoughts about Bric membership. 

They also speak out about the damaging effect of the European debt crisis on the global economy.

(Image Credit: Getty Images)

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