The Rise of the BRICS nations

Table of contentsI. Introduction: What are the BRICS

nations?II. Information on the BRICS

• Brazil• Russia• India• China• South Africa

III. BRICS nations today and tomorrowIV. Significance for the World, Europe

and you

I. Introduction: What are the BRICS nations?

• The name stands for the five first letters of the BRICS nations

• They are the nations with an high-advanced economic development (fast developing nation)

• The BRICS nations show demographic and economic potential, for example growing liquidity, infrastructure and stability

• The BRICS represent about 40% of the world population (3 billion people)

• It is suspected that they will catch up with the leading industrialized nations

• In parts, they already caught upGDP per country

II. BRICS - Brazil

• Brazil has a growing economy, despite of problems like the gap between rich and poor, which is getting bigger and bigger

• But they have big potential and became one of the biggest raw materials supplier

• High potential for agriculture, for soft and hard commodities (for example orange juice and iron ore)

• At the moment, Brazil is the 6th biggest economy in the world and has caught up with the UK

BRICS - Russia

• Despite their crisis-prone economic history, Russia has a growing, developing economy with potential in different industrial areas

• High reserves of raw materials like Oil and natural gas

• Since the last crisis, Russia wants to change its economic priorities

• Russia starts to concentrate not only on raw materials but also on investment and the development of modern businesses and the creation of new products

BRICS - India

• India has, like all BRICS nations, a growing economy with a rising Gross domestic product

• India is also described as the think tank of the BRICS nations because of its fast developing IT-sector

• Another important part of India´s economy are generics (= imitations of medicin)

• India has also its weaknesses: too few exports and a high state deficit

• Even if India does not have a hundred-percent stabil financial situation, experts predict a better future

BRICS - China

• China has one of the strongest and most successfull economics and is known as the „Workbench of the world“

• China has got a high number of new innovations in order to stop their dependence on foreign technologies

• Because of their high population China has a very big domestic consumption

• Despite of the weak Chinese stock market, many Chinese companies want to be floated on the stock market

• China is predicted to overtake all other industrial nations at the latest in 2050

• But the economic upturn has also its bad sides: mainly the rich people make profit with China´s economic upturn, which makes the gap between rich and poor bigger.

BRICS – South Africa

• South Africa is the latest BRICS nation, it was added in December 2010, so the BRIC´s changed to the BRICS`

• It has got the biggest and most developed economy in Africa

• Especially in the last few years South Africa´s economy made huge steps towards an industrialized nation

• But the difference between rich and poor is still high

• Their biggest economic strengths are tourism and raw materials (for example diamonds)

• South Africa is, because of their slow growing economy, the weakest BRICS nation

• Experts criticize that South Africa is only invited by China and now part of the BRICS´, because its raw materials are a big advantage for Chinas economy

III. BRICS nations today and tomorrow

• Each year the BRICS nations are meeting for an official meeting, the latest was from 26th to 27th March 2013 in Durban, South Africa

• The BRICS are planning to distance themselves more and more from the western economic world by planning a bank of their own

• Besides this bank, they decided to increase their economic and political co-operation with, for example, an anti-crisis-fond and a rating agency of their own

• The bank´s main purpose will be to finance infrastructure projects and form, together with the Anti-crisis-fond, counterbalance to the world bank

• Currently the BRICS nations have to handle a problem, the weaknesses in all of their stock markets

• Two BRICS‘ will organize two of the most important sports events : Olympia and the football world cup

IV. Significance for the World, Europe and you

• Because of the high progress of the BRICS nations, the center of economic power is moving more and more from the industrial countries towards the BRIC nations

• Besides the economic consequences, this development will bring social and political changes

• This means for you:

- More and more companies will work with and in the BRICS nation

-> more international colleagues- The languages Russian and Chinese become

more and more important- Chances for your work, travel destinations

• New companies will join our current economic market, which means more competition and maybe losses for local companies

• But the rise of the BRICS doesn´t have to be a disadvantage for the western world

• It opens new chances and possibilities for ex- and imports and cooperations in different areas

Is their economic rise our downfall?

Thank you for your attention!

SourcesCover:•Wikipedia.de

What are the BRIC nations?:•Cambridge.dictionary.org•www.t-online.de•Wikipedia.de•Globalsherpa.org

Brazil:•amsportstours.com •de.123rf.com •millionenstaedte.de •theatlantic.com •thebesttraveldestinations.com•Wikipedia.de •http://www.globalwhisperer.com/wp-content/uploads/2010/11/rainforest1.jpeg•http://4.bp.blogspot.com/-qPrEB0tZoc0/TpMHnGiFChI/AAAAAAAAARI/H-iqsse5Nm8/s1600/football+player+MAd-kaka-brazil-football-team.jpg•http://news.yahoo.com/photos/rio-s-carnival-slideshow/•http://www.lexiophiles.com/wp-content/uploads/2009/02/800px-carnival_in_rio_de_janeiro.jpg•http://www.youtube.com/watch?v=Bx1iclqbNyM

India:•http://image.kushnirs.org/0/gdp_india.png•http://www.homawida.de/wp-content/uploads/Taj-Mahal.jpg•http://www.iloveindia.com/national-symbols/pics/indian-tiger.jpg•http://www.nationalgeographic.de/thumbnails/gallery/56/08/01/indien-ein-meer-von-menschen-10856.jpg•http://indiayogacentre.com/communities/7/004/006/988/147/images/4525968487.jpg•http://www.playstosee.com/uploads/1311290630-image.jpg

•http://www.youtube.com/watch?v=GqbvE4uxBUQ

Russia:•http://pics.ricardostatic.ch/2_692724440_Big/figuren-und-objekte/matrjoschka-babuschka-5-teilig- neu-ca-17-cm.jpg

•http://img.fotocommunity.com/photos/15914603.jpg•http://dyingrussia.files.wordpress.com/2013/03/putindm_468x658.jpg•http://www.weltwunder-online.de/•http://www.ciosk.de•http://www.wallpaperbeautiful.com/thumbnails/detail/20121121/russia%20flags%20ussr%201280x1024%20wallpaper_wallpaperbeautiful_76.jpg•http://seeker401.files.wordpress.com/2010/10/96_1_beautiful_russian_winter_photographs.jpg

•http://www.youtube.com/watch?v=4QDnH1pCC20

China:•Wetter-foto.de•Beijing-china.com•http://3.bp.blogspot.com/-hfLCKPfKW2g/UFrFHbdmRRI/AAAAAAAAEfU/U9VBCvL0pgQ/s1600/Traditional-Chinese-Lantern.jpg•http://3.bp.blogspot.com/-61iNPpcVZ1g/UDv829oAVXI/AAAAAAAAAbs/Kwz7sNvI9oI/s1600/china_flag_dragon-apha-090311.jpg•http://api.ning.com/files/9GzegCLeppb9A1UMqqdaF9uFATvz8PaozOa-GcxjEKyGZ7gYVjTUB49lQxXwGfuEC1Z73mh1R-8ELpiCZ0RO47lqpfp4-80tBZn6PBgdeDA_/kungfu.jpg•Thai-garden.net•http://www.youtube.com/watch?v=DuHMCFYIC9E

South Africa:•http://www.kapstadt.de/images/stories/kapstadt-de/reisefuehrer/atlantikkueste/cape-of-good-hope/kap-der-guten-hoffnung.jpg•http://danesafari.com/wp-content/gallery/die_wilden_parks_botswanas/sunway_botswana_nxai_elephant_giraffe_henry_bell_20111020_1986062014.jpg•http://ws.cjf.co.za/photos/editor/African-Romance%20Diamonds.jpg•http://si.wsj.net/public/resources/images/WK-AQ618_RUGBY__G_20090729183544.jpg•http://marcalexanderart.com/wp-content/uploads/2011/12/Marc-Alexander-Nelson-Mandela-Colour-1-1024x1024.gif•http://3.bp.blogspot.com/-_bA86s4BpZo/TtkKSliO6fI/AAAAAAAAAJE/kOFMm0Gpomk/s1600/south.jpg

•http://www.youtube.com/watch?v=F4efZIHtiQQ

•Faz.de

Actual Situation:•Tagesschau.de•Portside.org•Handelsblatt (german newspaper)•Economywatch.com

Significance for the World, Europe and you•Handelsblatt (German newspaper)