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Editorial Rating

7

Qualities

  • Overview
  • Concrete Examples

Recommendation

Brazil, Russia, India, China and South Africa (BRICS) all underperformed in 2014. In this World Economic Forum panel that took place in early 2015, BRICS representatives defend their respective countries’ economic performances. Though each panelist has a rose-tinted view of his own nation’s position, getAbstract recommends the discussants’ collective insider analysis to economists, investors and developers with vested interests in emerging markets.

Take-Aways

  • In 2014, Brazil, Russia, India, China and South Africa (BRICS) all performed below expectations. Yet representatives from each country remain optimistic about the future of their respective economies.
  • Brazil’s low unemployment rate will bolster its economy while it undergoes massive reforms. Russia’s gold and currency reserves stabilize its economic transition from artificially high oil prices to moderate prices.
  • India’s new government is more reformist and market oriented than its predecessors. Its goals are to generate investment, improve infrastructure and ramp up manufacturing.

About the Speakers

Journalist Sílio Boccanera leads a panel of representatives from Brazil, Russia, India, China and South Africa.