Sunday, April 4, 2010

>Global Economics Paper No: 192 ->The Long-Term Outlook for the BRICs and N-11 Post Crisis

The BRIC and N-11 countries are emerging from the crisis better than the developed world.

As a result, our long-term projections for the BRICs look more, rather than less, likely to be realised.

It is now possible that China will become as big as the US by 2027, and the BRICs as big as the G7 by 2032.

Within the BRICs and N-11, China, Brazil, India, Indonesia and the Philippines appear to be performing best.

Bangladesh, Egypt, Korea, Nigeria, Turkey and Vietnam form a second group of countries that have performed broadly in line with expectations.

Iran, Mexico, Pakistan and Russia have need for improvement.

We show the ongoing dramatic BRIC influence in key product markets, with autos and crude oil as examples.

To read the full report: ECONOMICS PAPER

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