A future global economy to be built by BRICs Academic Article uri icon


  • The combined economies of Brazil, Russia, India and China (BRICs) appear likely to become the largest global economic group by the middle of this century. Our paper summarizes the features of each economy that justify this forecast, and highlights some of the country-specific obstacles that could prevent its realization. Specifically, we contribute an analysis of the relative difficulty of doing business within each country and discuss how this, combined with a lack of long-term conditions to promote growth, affects the potential of these markets to lead the future world economy. 2007.

published proceedings


altmetric score

  • 1

author list (cited authors)

  • Cheng, H. F., Gutierrez, M., Mahajan, A., Shachmurove, Y., & Shahrokhi, M.

citation count

  • 56

complete list of authors

  • Cheng, Hui Fang||Gutierrez, Margarida||Mahajan, Arvind||Shachmurove, Yochanan||Shahrokhi, Manuchehr

publication date

  • January 2007