Economics

Cracks in the BRICs


Jim O’Neill, an economist at Goldman Sachs (GS), coined the term BRICs (Brazil, Russia, India, and China) in 2001, and their performance has been juicing portfolios ever since. But many trillions of dollars of growth later, cracks are appearing, raising questions about the next decade.

Susan-berfield-photo-200x200
Berfield writes about retailers, restaurants, and other consumer companies for Bloomberg Businessweek. Follow her on Twitter @susanberfield.
Dwoskin is a staff writer for Bloomberg Businessweek in Washington. Follow her on Twitter: @lizzadwoskin.

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