Friday, May 23, 2008

Goldman Sachs - BRIC Report - Amazing!

Goldman Sachs, a global investment firm, has spent considerable resources developing a report about what countries will dominate the global economy. Some of the report is almost five years old but still holds relevant information. The question is - What can Central Illinois to capitalize on the new markets?

(excerpt from Goldman Sachs web page)
The results are startling. If things go right, in less than 40 years, the BRICs (BRIC - an acronym for Brazil, Russia, India and China) economies together could be larger than the G6 in US dollar terms. By 2025 they could account for over half the size of the G6. Of the current G6, only the US and Japan may be among the six largest economies in US dollar terms in 2050. The list of the world's ten largest economies may look quite different in 2050. The largest economies in the world (by GDP) may no longer be the richest (by income per capita), making strategic choices for firms more complex.

To learn more go to: http://www2.goldmansachs.com/ideas/brics/index.html

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