The Long-Term Outlook for the BRICs and N-11 Post Crisis
What the future has in store for BRICs and the N-11 economies
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The BRIC and N-11 countries are emerging from the crisis better than thed eveloped world.
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As a result, our long-term projections for the BRICs look more, rather than less, likely to be realised.
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It is now possible that China will become as big as the US by 2027, and the BRICs as big as the G7 by 2032.
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Within the BRICs and N-11, China, Brazil, India, Indonesia and the Philippines appear to be performing best.
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Bangladesh, Egypt, Korea, Nigeria, Turkey and Vietnam form a second group of countries that have performed broadly in line with expectations.
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Iran, Mexico, Pakistan and Russia have need for improvement.
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We show the ongoing dramatic BRIC influence in key product markets, with autos and crude oil as examples.