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Friday, July 15, 2011

New Emerging Economies to Enter BRIC term?


Jim O’Neill, the chairman of Goldman Sachs Asset Management, who coined the term BRIC to describe a group of emerging economies that comprises Brazil, Russia, India and China, said he planned to redefine growing markets and will explain the new approach to clients this month, the Financial Times reported. Read which countries he expects to include, here.

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