HKS Affiliated Authors
Douglas Dillon Professor of Government
Excerpt
Excerpt
March 26, 2013, Opinion: "China's new president, Xi Jinping, arrives in Durban, South Africa today for a summit of the BRICS: Brazil, Russia, India, China, and South Africa. A geo-economic acronym invented in 2001 by a Goldman Sachs analyst to forecast a convergence among fast-growing emerging economies has spawned a geopolitical association. The leaders who gather, and commentators on this event, will search for what these nations have in common. The larger question, however, is whether this acronym has become an anachronism..."