china group brics final powerpoint

8/11/2019 China Group BRICS Final Powerpoint

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Delegation Members:

Barbie Bell Director-General Latin American AffairsChina Brazil Bilateral Meeting Report

Brenda Caldwell Director-General Policy Planning DepartmentRise of BRICS, PowerPoint

Dolores Haugen Director-General Asian Affairs, Foreign MinistryChina India Bilateral Meeting Report, Introduction

Ann-Kristine Thrift Director-General European-Central Asian Affairs

China Russia Bilateral Meeting Report, Chinas Contributions

Sarah Van Horn Director-General African AffairsChina South Africa Bilateral Meeting Report


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Brazil, Russia, India, China and South Africao BRICS Countries make up approximately 40% of the world population.

o BRICS control 25.9% of the total geographic area of the world.

o BRICS make up 25% of the global GDP.

o BRICS currencies could appreciate by 300% by 2050.

o BRICS holds 3.93 trillion in foreign reserves.

o The rising middle class in these countries has increased theirpurchasing power.

o The GDP Growth rates for BRIC Countries are much higher than indeveloped countries markets.

o By 2050, three of the largest four economies will be from Asia.


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High growth rates

Increased foreign direct investment

Investment in infrastructure Growing middle class boosts demand

Large supply of educated cheap workforce

High potential for supply of outsource work

Domestic/global mergers/acquisitions

Abundant agricultural/mineral resources

Rapid expansion of commodity markets

Business confidence

Increaed employment


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Volatile markets Unstable economies

Geographic locations where naturaldisasters happen

Export driven economies

Weak infrastructure

Energy concerns

Shortage of skilled workers in certain areas Inflation

Access to finance


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Hierarchy plays a part ingovernment and business affairs

Community can take precedence

over the individual Society may not embrace the

Internet and Technology which

makes paper documents and

archival storage important


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BRICS rose because of the change in world order.

Multipolarity brought ONeills coining of the term BRIC and

his prediction that they would become a powerful group.

The rise of the middle class helped the BRICS countries grow

through increased incomes and increased spending.

BRICS countries grew in trade with each other and trade with

the US.

More capitalists models for their economies have assisted

these countries in stabilizing their economies, growingdomestic companies and competing internationally.


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Key Advantages

Broad expansion of educationalachievement

Rapid economic growth

Resilience to global economicproblems

Large country

Well educated people

Cheap workforce

People have a tradition ofsaving money

Challenges for the Futureo For China to be recognized as a

global power requires adherence to

western norms

o State run enterprise.

o Demographic shifts.

o Complex foreign relations with

others in the world.

o Export market problems

o Urban unemployment rise

o Fixed exchange rate

o Government control


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Reform of the international monetary system Risks of cross-border capital flow to emerging

markets

Macroeconomic policies for balanced growth in the

global economy

Turmoil in the Middle East and Africa

Diplomacy in issues in Lybia

Commodity price fluctuations

Reform of the World Bank

Climate Change


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The Global Economy

Political developments in the World

Trade Agreements

Agriculture

Health, Science and Technology

Security

Business and Industry

china group brics final powerpoint

Documents