The BRIC thesis: lessons for Pakistan on June 27, 2011Jim O’Neil, global economist at Goldman Sachs, first coined the term ‘BRIC’ back in 2001. Brazil, Russia, India and China, four of the world’s largest emerging economies, make up the BRIC bloc. They represent 40 percent of the world’s population, 15 percent of the global GDP and are reckoned to be the next economic powers. […]