Asiana21

THE BRICS: LOCOMOTIVE OF WORLD GROWTH

The Economic Times, April 16, 2010

BRASILIA: The BRIC countries, represented by the leaders of Brazil, Russia, India and China in a summit here on Thursday, represent a locomotive of world growth in the wake of last year's global downturn.

Together, the four nations account for nearly 50 percent of growth and 16 percent of world economic output. They are also home to 40 percent of the world's population.

Taken separately, though, the profiles of the countries show marked differences from one other.

Russia, for instance, contrasted dramatically with the economic resilience of the other BRIC members in the downturn, after seeing its economy in 2009 shrink a startling 7.9 percent.

It also has the smallest population -- just 140 million, a little over 10 percent of the 1.3 billion boasted by China.

India has a population of 1.2 billion, and Brazil 193 million.

China easily outranks the others in terms of gross domestic product, estimated to be worth $5.3 trillion in 2010.

Brazil's economy is worth an estimated $1.7 trillion this year, Russia's $1.3 trillion and India $1.2 trillion, according to the International Monetary Fund.

(...) [artículo aquí]