Who has coined the term BRICS and Association of five amazing National economies
Who has coined the term BRICS and Association of five emerging national economies?
A. Esther duflo
B. Amartya Sen
C. Jim O’Neil
D. Joseph E. Stieglitz
BRICS is an acronym for Brazil, Russia, India, China, and South Africa. Goldman Sachs economist Jim O’Neill coined the term BRIC (without South Africa) in 2001, claiming that by 2050 the four BRIC economies would come to dominate the global economy by 2050.
