The 'father' of the BRIC countries including Mexico
The banker Jim O'Neill also said South Korea, Indonesia and Turkey to the original set, however, clarified that kept separately from the four largest economies of which have added.
Political leaders of the four original countries on Thursday sessional including South Africa. (Photo: Reuters)
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Special
Mexico, toward the end of the crisis? BEIJING (Notimex) - In a decade of having coined the acronym 'BRIC' to refer to the economic potential of Brazil, Russia, India and China , the banker Jim O'Neill and Goldman Sachs have been added to South Korea, Indonesia, Mexico and Turkey original group , now called "mature markets" and no longer emerging markets.
Clarified that seeks to increase to eight the original number of nations that were called BRIC in 2001 for the first time and kept separately from the first four of which have added.
According to China Daily, the banker and former chief economist of Goldman Sachs even now considered inappropriate and even an insult to call these countries ' economies. "
The economies of the BRIC countries have raised the global growth trend in eight tenths of a point, by passing from 3.7% to 4.5%, he said.
ONeill, since last September president of asset management, adjusted his perspective in an interview with China Daily, which includes in its special section on the third summit of the group.
Political leaders of the four original countries sessions this Thursday in Sanya , a port city in southern China's Hainan province, which works to South Africa will join what will be the new acronym 'BRIC' .
Furthermore, in a recent speech in London, a city where the interview was conducted, O'Neill said that the term emerging markets is now up to Saudi Arabia, Argentina, Iran and Poland , recalled the Chinese newspaper.
The economist and banker also noted that the success of the acronym 'BRIC' is a consequence of the economic impact of these four countries over the past decade.
On the incorporation of South Africa , whose economy is five times lower than those of India or Russia, said he would see the participation of all Africa, but expressed doubts that nations such as Nigeria, take as their representative
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