This document provides an overview of BRICS (Brazil, Russia, India, China, South Africa). It discusses the origins and formation of BRICS as an international organization of leading emerging economies. Key points covered include the economic and population size of the BRICS countries, their contributions to global GDP and trade relationships. The document also outlines some of the main advantages and challenges facing each BRICS country. It discusses cooperation between the BRICS countries in areas like trade, infrastructure development, healthcare and green energy. Overall the BRICS alliance aims to make the international order more representative and influence global issues.

1. PRESENTED BY:
AKASH DEEP KAMAL
ATRI ROY
NEHA SINGH
NILESH SAHA

2.  BRICS stands for Brazil, Russia, China, and
South Africa.
 Came into existence in 2001 as BRICS nation
 It is the fastest growing and emerging economics
 BRICS is the international political organization
of leading emerging economies. Its five members
are all developing industrialized countries
 The term BRICS was used for the first time in the
Goldman Sachs report 2003

3.  The BRIC became a mechanism through which the
countries can exchange opinions, seek convergence,
identify areas of cooperation and influence the
international agenda.
 Officially it was admitted as a BRIC nation on 24
December 2010
 With the entrance of South Africa, at the 3rd BRICS
Summit, in April 2011, the BRIC became BRICS, with
capital "S".
3

4.  Vast Land Area
 Developing Economy Globally
 Friendly Trade Relations
 Challenges Related To Economic And Social Integration
 Desire To Make The International Order More Representative
 Possibility Of Cooperation In Many Areas

5.  To achieve regional development
 To remove trade barriers
 Economic development
 Optimum use of resources
 Building relationship

7. KEY ADVANTAGES :
 One of the fastest growing economies in the last centuries
 Brazilian economy becoming less dependent on imports
 Extremely rich in resources such as coffee, sugarcane, crude oil
and iron etc.
 Focus on equitable development has resulted in significant
poverty reduction.
CHALLENGES FOR THE FUTURE:
 Overburdened and ineffective judicial system.
 Industrial output is weak

8. KEY ADVANTAGES:
 Russia has capability in high-technology sectors
 Accounts for around 20% of the world’s oil and gas reserves
 fall in the number of people living below the poverty line
CHALLENGES FOR FUTURE
 Labour shortages and poorly developed infrastructure
 Corruption

9. KEY ADVANTAGES
 1.15 billion people
 2nd largest labour force
 Approximately 2.5 million college graduates per year
CHALLENGES FOR THE FUTURE
 Improving basic educational achievement
 Improving infrastructure and electrical capacity
 Expanding technology industry

10. KEY ADVANTAGES
 Broad expansion of educational achievement
 Rapid economic growth
 Third largest country in land size
CHALLENGES FOR THE FUTURE
 support to rural areas and less-developed regions
 Bank of China sees inflation as a bigger risk
 Need to improve the investment

11. KEYADVANTAGE
 The South African economy is now the 23rd largest in the
world
 Inflation is now below 5% and falling.
 25% of goods produced in South Africa are for export
CHALLENGES FOR THE FUTURE:
 The economy is growing but not fast enough
 Lack of skills, particularly in IT.
 48% of the population is living below the poverty line

12. 12
CONTRIBUTION TO GDP
26 % of Earth's land area
42 % of world's population
46% of world’s work force
19 % of world s nominal GDP

13. 13

15. Trade between Brazil, Russia & Rest of BRICS

16.  Trade between India, China & Rest of BRICS

17.  Trade between South Africa & Rest of BRICS
 Source based on UN COMTRADE and http://wits.worldbank.org/wits/

18.  To support growth on the continent, notably during the recent
financial crisis
 South Africa’s financial market development and
sophistication
 The World Economic Forum’s 2011/12 Global
Competitiveness Index displayed a high level of confidence in
South Africa’s financial market development, ranking the
country in fourth place globally on this measure.
 Among BRICS members, South African exports to China
grew the most, at 46%, while exports to India grew by 20%, to
Brazil by 14% and by 7% to Russia.

19.  Manufacturing, services and
agriculture
 Energy, infrastructure, mining
beneficiation and healthcare
 Construction and water provision
 The green economy and tourism

20.  India is also expected to grow faster than China after
2020
 India- Characterized by a low share of consumption
and high savings.
 Rising incomes in the BRICs nations will create a
new middle consumer class
 Featured as- “Roadmap For Contribution”
 Important drivers for growth in the global economy.
 Expansion of their consumer markets and the rise of
multinational companies
 the establishment of a “positive multipolarity" in
international affairs

21.  The BRICS were seen by Brazilian diplomats and
scholars as a useful mechanism to project Brazil
internationally in a rapidly changing global
landscape.
 Lost speed and altitude over the past two years
 Chances of Intra Trade Disputes are high
 Difficulties of articulating their conflicting interests
in some sort of common vision became more evident.
 Different viewpoints and influence in the
international arena.

22.  BRICS will remain a useful mirror
 Brazilian comparisons with China and India in
regards to economic factors
 overcoming current obstacles to higher
sustainable growth
 drive productivity and competitiveness in an
increasingly integrated world economy
 a central role in dealing with global challenges
and threats.

23. Credit goes to:
AANN

24. http://www.unitedworld.edu.in/
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