Saturday, April 23, 2011

The Long-Term Outlook for the BRICs and N-11 Post Crisis

Goldman Sachs Global Economics, Commodities and Strategy Research


  •  The BRIC and N-11 countries are emerging from the crisis better
    than the developed world.
     
  • As a result, our long-term projections for the BRICs look more,
    rather than less, likely to be realised.
     
  •  It is now possible that China will become as big as the US by 2027,
    and the BRICs as big as the G7 by 2032.
     
  •  Within the BRICs and N-11, China, Brazil, India, Indonesia and the
    Philippines appear to be performing best.
     
  •  Bangladesh, Egypt, Korea, Nigeria, Turkey and Vietnam form a
    second group of countries that have performed broadly in line with
    expectations.
     
  •  Iran, Mexico, Pakistan and Russia have need for improvement.
     
  •  We show the ongoing dramatic BRIC influence in key product
    markets, with autos and crude oil as examples.

Original article:
http://www2.goldmansachs.com/ideas/brics/long-term-outlook-doc.pdf

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