Transcript of "Dreaming with BRIC's, a path to 2050"
The path to 2050<br />DreamingwithBRIC’S<br />
B R I C<br />BRIC’s is a grouping acronym<br />Each letter stands for a country<br />B R I C<br />Similar stage of advanced economic development<br />Also know as the ‘big four’<br />
Overview<br />BRIC thesis <br />biggest and fastest growing emerging markets<br />BRIC billionaires<br />BRIC’s turns into BRIC’S<br />China’s new kind of reactor <br />
BRIC THESIS<br />China and India will become world’s dominant suppliers<br />manufactured goods and services<br />Brazil and Russia will become dominant suppliers<br />raw materials<br />
BRIC THESIS: biggest and fastest growing emerging markets<br />Are trying to form a powerful economic bloc<br />BRIC also used as a marketing term to refer to these four emerging markets<br />USA and EU annually growth : 3-4%<br />BRIC nations expected growth : 9%<br />
World Billionaires<br />Rising global prices and Asia’s economic boom<br />Led to a big increase in numbers of billionaires in BRC countries 2011<br />China doubled its number to 115<br />first time any country outside the US<br /> (413 billionaires) had more <br /> than 100 billionaires<br />Russia billionaire growth attributed to a real boom<br />Moscow has 79 billionaires, <br />easily outstripping NY, which has just 58<br />
World Billionaires<br />India’s number of billionaires did not increase much<br />BUT their average net growth is huge<br />$4,5 billion for an Indian billionaire<br /> $2.5 billion for a Chinese billionaire<br />Brazil benefited from higher global prices, stricter rules and a stronger currency<br />Bottom line<br />These economic can go up very sharply but can go down very sharply as well<br />These days BRIC produced half off the world’s 214 NEW billionaires<br />
FROM BRIC to BRIC’S<br />South Africa has been formally asked to join the BRIC group of major emerging markets.<br />
BRIC turnsinto BRIC’S<br />Invited by China<br />Officially admitted as a BRIC nation on December 24, 2010<br />South Africa stands at a unique position to influence African economic growth and investment<br />
BRIC turnsinto BRIC’S<br />Reasons to join BRIC<br />Africa’s combined current gross domestic product is similar to that of Brazil and Russia and above that of India<br />South Africa is a ‘’gateway’’ to Southern Africa and Africa in general<br />China is South Africa’s largest trading partner<br />India wants to increase commercial ties to Africa<br />
Bric turnsintoBRIC’s<br />Doubts:<br />South Africa’s population is 49 million compared with China’s 1.36 billion, India 1.2 billion, Brazil’s 191 million and Russia’s 142 million<br />South Africa has an economy of 286 billion<br />Less than a quarter of that of Russia<br />Smallest of the BRIC nations<br />
BRIC turnsinto BRIC’S<br />Becoming a Big boy<br />President Nkoana-Mashabane’s speech: ‘’We may not be the same size, but we can open up opportunities for them and trough that, we can complete our economic integration on the continent”<br />
China’snew kind of reactor <br />A Radical Kind of Reactor<br />Engineers at Japan’s struggle to keep the nuclear power plant from melting down<br />Engineers at China are building a different type of reactor<br />Experts say it offers a <br /> safer nuclear alternative<br />
China’s new kind of reactor <br />Technology ‘’pebble bed’’ will be used in 2 reactors<br />On an Island into the Yellow Sea<br />Rather than using conventional fuel assemblies<br />Like the leaking radiation in Japan<br /> each packed with nearly 400 pounds<br /> of uranium<br />Chinese reactors will use thousands <br /> of billiard-ball-size fuel elements<br />Each has an own protective layer<br />
China’s new kind of reactor <br />The coating of these ball-elements are meant to ensure the reaction would stop in an emergency <br />So it wont lead to a meltdown<br />Reactors will be cooled by non-explosive helium gas instead of depending on a source of water<br />
China’snew kind of reactor <br />China is taking lead in actually building next-generation technology<br />If the pebble-bed approach works <br />China hopes it can adopt the technology on broad scale<br />
Conclusion<br />BRIC’s nations have the potential and the resources to form a powerful economic bloc with greater opportunity’s than any other nation<br />
Thank u for your attention!<br />Cedric De Munter 2BFV4<br />
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