Abhijit Beura-11002 Adil Lakhani-11003: Presented by

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Presented By:

Abhijit Beura-11002 Adil


Lakhani-11003
BRIC : OVERVIEW
In economics, BRIC  is a grouping acronym that refers
to the countries of Brazil, Russia, India, and China that
are deemed to all be at a similar stage of newly advanced
economic development.
The acronym was coined by Jim O'Neill in a 2001 paper
entitled "The World Needs Better Economic BRICs“.
The BRIC thesis posits that China and India will
become the world's dominant suppliers of manufactured
goods and services, respectively, while Brazil and Russia
will become similarly dominant as suppliers of raw
materials.
Due to lower labor and production costs, many
companies also cite BRIC as a source of foreign
expansion opportunity.
BRIC COUNTRIES BRIEF PROFILE
 A) BRAZIL i) National Flag & EMBLEM:

ii) Motto : "Ordem e Progresso"(Portuguese)


"Order and Progress“
iii) Location On Globe :
iv) Capital : Brasília
v) Area - Total 8,514,877 km2 (5th)
3,287,597 sq mi  - Water (%)0.65
vi) Population : 2009 estimate192,272,890(5th) - 
Density 22/km2 (182nd) 57/sq mi
vii) GDP : 2009 estimate - Total$2.013 trillion.
viii) Currency Real : (R$) (BRL)
 B) RUSSIA :i) National Flag & EMBLEM:

ii) Capital : Moscow


iii) Area :  Total17,075,400 km2(1st)
6,592,800 sq mi  - Water (%)13

iv) Population : 2010 estimate141,927,297(9th)


v) GDP : 2009 estimate - Total$2.109 trillion.
vi) Currency Real : Ruble (RUB)
 C) INDIA : i) National Flag & EMBLEM:

ii) Motto :"Satyameva Jayate" (Sanskrit)


सत्यमेव जयते  (Devanāgarī)
"Truth Alone Triumphs
iii) Location On Globe :
iv) Capital : New Delhi
v) Area - Total 3,287,240 km2 ‡(7th)
1,269,210 sq mi  - Water (%)9.56
vi) Population : 2010 Estimate 1,185,736,000(2nd) 
vii) GDP : 2009 estimate - $3.526 trillion.
viii) Currency Real : Indian rupee ( ) (INR)
 D) CHINA :i) National Flag & EMBLEM:

ii) Location On Globe :


iii) Capital : Beijing
iv) Area - Total 9,671,018 km²(3rd/4th)
3,704,427 sq mi  - Water (%)2.8

v) Population :2010 estimate1,338,612,968(1st) 
vi) GDP : 2009 estimate - Total $9.712 trillion.
vii) Currency Real : Chinese yuan (¥) (CNY)
FEW BASIC TERMS:-
 GDP: The gross domestic product (GDP) or gross
domestic income (GDI) is a measure of a country's overall
economic output. It is the market value of all final goods
and services made within the borders of a country in a
year.

 GDP = C + G + I + NX
COMPARISON OF GDP
 EXCHANGE RATE: In finance, the exchange rates (also known as
the foreign-exchange rate, forex rate or FX rate) between
two currencies specifies how much one currency is worth in terms of
the other. It is the value of a foreign nation’s currency in terms of the
home nation’s currency.

 In other words the Exchange Rate can be defined as The price of one
country's currency expressed in another country's currency. In other
words, the rate at which one currency can be exchanged for another.

 For example an exchange rate of 91 Japanese yen (JPY, ¥) to the United


States dollar (USD, $) means that JPY 91 is worth the same as USD 1.

 The foreign exchange market is one of the largest markets in the world.


By some estimates, about 3.2 trillion USD worth of currency changes
hands every day.
COMPARISON OF EXCHANGE
RATE PERFORMANCE
 ECONOMIC GROWTH RATE: One can define it
as : An increase in the capacity of an economy to produce
goods and services, compared from one period of time to
another OR we can say Economic growth is the increase of
per capita gross domestic product (GDP) or other measure
of aggregate income. It is often measured as the rate of
change in GDP. Economic growth refers only to the
quantity of goods and services produced.
 Economic growth can be either positive or negative.
Negative growth can be referred to by saying that the
economy is shrinking. Negative growth is associated with
economic recession and economic depression.
 TRADE BALANCE : The balance of trade (or net
exports, sometimes symbolized as NX) is the difference
between the monetary value of exports and imports of
output in an economy over a certain period. It is the
relationship between a nation's imports and exports.
 A positive or favorable balance of trade is known as a trade
surplus if it consists of exporting more than is imported; a
negative or unfavorable balance is referred to as a trade
deficit .
COMPARISON OF TRADE
BALANCE
COMPARISON OF OVERALL
OPPORTUNITIES IN BRIC
THANK YOU

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