Understanding the BRICS Group The Rise of BRICS An expanding alliance reshaping the global economic and political landscape. What is BRICS? BRICS is an intergovernmental organization of major emerging economies. The term 'BRIC' was coined in 2001 by Goldman Sachs economist Jim O'Neill. It's an informal group with no founding treaty or headquarters, focusing on political and economic cooperation. A Significant Global Player ~45% of W...
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