BRICS – 20 years on

‘Counting the Cost’ from Al Jazeera looks at the BRICS countries – Brazil, Russia, India and China (and South Africa, which was added later). According to Jim O’Neill of Goldman Sachs ,who came up came up with the acronym, these countries would, over time, come to dominate the rankings of the world’s richest economies. Apart from China the other countries have been a disappointment and the programme looks into the reasons why they have failed to live up to expectations. Useful for the developing economies topic as it shows how different each economy is and what they are dependent on for economic growth.