Bric: The new world order
While most countries struggle economically, Brazil, Russia, India and China are booming.
Last Modified: 29 Aug 2010 14:13 GMT

Brazil, Russia, India and China (Bric) are booming whilst many other countries are struggling economically, or even crashing. 
When their leaders recently convened in Brasilia for their second Bric summit, they all underlined their commitment to a more democratic global governance.



Celso Amorim
Brazilian foreign minister
Rubens Barbosa
Former Brazilian ambassador to the US
Professor Ildo Luis Sauer
Sao Paulo University
Dr Rathin Roy
Director, International Policy Centre
Hoineff Nelson
Brazilian filmmaker


Dilip Hiro
Author of After Empire
Jim O'Neill
Chief economist, Goldman Sachs
Antonio Patriota
Former Brazilian ambassador to the US
Jose Francisco De Lima
Chief economist, Banco Fator
Jackson Schneider
Director, Automobile Industry Agency
Paulo Oliveira
Chief development officer, Bovespa
Marcel Biato
Presidential foreign policy adviser
Felipe Noguera
Argentine political analyst
Andre Cesar
Analyst, Cac consultants

Although Bric started life as just a clever acronym dreamt up by a Goldman Sachs economist, it might be time to start getting accustomed to hearing about Bric in its fullest political expression.

According to some, these four countries could - in around two decades - become the dominant powers in the world. 
United by pragmatism, realism, and indifference to Western dominance, Bric aims to chart its own course in the world.

Considering that they already make up 40 per cent of the worlds population, 26 per cent of its territory, and over 15 per cent of its GDP, it might already be time to pause and pay attention. 
As Western power and alliances wane, and their neo-liberal, capitalist model is questioned after the recent financial meltdown, some in the developing world have formed a powerful bloc that begins to chart a future multi-polar world.
Beyond acting as a generous host, President Lula's Brazil played a major role in expanding Bric's role in various multilateral international groupings.

Whether it is the United Nations or the IMF, Brazil is leaving its imprint both individually and through its grand coalitions.
Will the emerging powers change the way the world works, or merely grab a bigger share of it? And what future for Brazil on the world's summit? These are some of the questions we try to answer in our April episode.

Empire examines the forces already shaping a new world order.

This episode of Empire can be seen from Wednesday, April 28, at the following times GMT: Wednesday: 1900; Thursday: 0300, 1400; Friday: 0600; Saturday: 1900; Sunday: 0300.

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