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  • The BRIC Economies: Gavin Cameron University of Oxford

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    The document summarizes an economics program about the BRIC economies of Brazil, Russia, India and China. It notes that currently the BRIC economies equal 15% of G6 GDP but may equal 155% by 2050 according to Goldman Sachs forecasts. The program will include presentations on topics like whether Brazil can cope with resource authoritarianism in Latin America, if Russia can revive non-commodity industries, if India can diversify from services, and if China can transition to consumer markets from state mercantilism. It will also discuss the future of oil and commodity prices and how Europe can compete.

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    The document summarizes an economics program about the BRIC economies of Brazil, Russia, India and China. It notes that currently the BRIC economies equal 15% of G6 GDP but may equal 155% by 2050 according to Goldman Sachs forecasts. The program will include presentations on topics like whether Brazil can cope with resource authoritarianism in Latin America, if Russia can revive non-commodity industries, if India can diversify from services, and if China can transition to consumer markets from state mercantilism. It will also discuss the future of oil and commodity prices and how Europe can compete.

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    4 views3 pages

    The BRIC Economies: Gavin Cameron University of Oxford

    Uploaded by

    Navpreet Singh
    The document summarizes an economics program about the BRIC economies of Brazil, Russia, India and China. It notes that currently the BRIC economies equal 15% of G6 GDP but may equal 155% by 2050 according to Goldman Sachs forecasts. The program will include presentations on topics like whether Brazil can cope with resource authoritarianism in Latin America, if Russia can revive non-commodity industries, if India can diversify from services, and if China can transition to consumer markets from state mercantilism. It will also discuss the future of oil and commodity prices and how Europe can compete.

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    of 3

    the BRIC economies

    Gavin Cameron
    University of Oxford
    OUBEP Topical Economics 2006
    introduction
    • The BRIC Economies – Brazil, Russia, India, China.
    ‐ Currently equal 15% of G6 GDP ($23bn).
    ‐ GS forecast says they may equal 155% by 2050.

    • Can Brazil cope with ‘resource authoritarianism’ in Latin America?


    • Can Russia revive its non-commodity industries?
    • Can India diversify from Anglophone services?
    • Can China make the transition from ‘state mercantilism’ to consumer
    markets?
    • What is the future of oil and commodity prices?
    • How can Europe compete?

    OXFORD UNIVERSITY BUSIN 2


    ESS ECONOMICS PROGRAMM
    three days of TEP
    • Wednesday
    ‐ The Future of World Growth: Nick Crafts
    • Thursday
    ‐ Brazil: Edmund Amann
    ‐ Macroeconomic Imbalances: Gavin Cameron
    ‐ Russia: Chris Davis
    ‐ Oil: Kevin Sheppard
    ‐ Guest Speaker: Guy Monson, CIO, Sarasin Investment Mgmt
    • Friday
    ‐ India: Musthtaq Khan
    ‐ China: Linda Yueh
    ‐ How Can Europe Compete? Gavin Cameron

    OXFORD UNIVERSITY BUSIN 3


    ESS ECONOMICS PROGRAMM

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