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Backing BRICS: Market meltdown exposes structural strengths

Posted by Dave
July 23, 2008

Image via Wikipedia
The Australian.
“We’re talking about the whole BRIC story, the $27trillion that’s going to be spent on infrastructure in the emerging world over the next 10 years, largely funded by internally generated revenues — that’s a fact,” Sosa says. “It’s not going to stop because we’re having a bit of a housing slump in [...]

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BRIC growth prospects

Posted by Dave
July 6, 2008

Image via Wikipedia
via DB Research
there are also structural factors at work that bode well for the medium-term growth prospects of the BRICs. These factors can be captured in a simple growth accounting framework. Economic growth can be broken down into several components, namely changes in labour and capital inputs, and total factor productivity. (Total factor [...]