BRICS Creator Says India Will Be 3rd Largest Global Economy & Key Member
Things have changed dramatically for the BRICS bloc since the acronym was first coined in 2001. Over the last two years, it has become a key voice in the geopolitical and global economic sectors. Now, BRICS Creator Jim O’Neill has recently expressed his view on its trajectory, while noting that India is poised to soon be the third-largest global economy and a key alliance member. In a recent interview with The Economic Times, the economist discussed the growth rate of the country. Specifically, he noted that India is “doing almost exactly what we thought over 20 years ago, and that is in the process of becoming bigger than Japan and Germany” and becoming a global force. Source: Watcher Guru Also Read: Why BRICS Isn’t a Threat to the Dollar, the US Is India Poised to be BRICS Leader? Jim O’Neill Discusses Shifting Power Balance The last two years have seen the BRICS economic alliance notably increase in prominence. A massive reason for that has been its seek...