Dreaming with BRIC's, a path to 2050

The path to 2050

DREAMING WITH BRIC’S

B R I C

BRIC’s is a grouping acronym

Each letter stands for a countryB R I C

Similar stage of advanced economic developmentAlso know as the ‘big four’

OverviewBRIC thesis

biggest and fastest growing emerging markets

BRIC billionairesBRIC’s turns into BRIC’SChina’s new kind of reactor

BRIC THESISChina and India will become world’s

dominant suppliersmanufactured goods and services

Brazil and Russia will become dominant suppliersraw materials

BRIC THESIS: biggest and fastest growing emerging markets

Are trying to form a powerful economic blocBRIC also used as a marketing term to refer

to these four emerging marketsUSA and EU annually growth : 3-4%BRIC nations expected growth : 9%

World BillionairesRising global prices and Asia’s economic boom

Led to a big increase in numbers of billionaires in BRC countries 2011

China doubled its number to 115 first time any country outside the US (413 billionaires) had more

than 100 billionaires

Russia billionaire growth attributed to a real boom Moscow has 79 billionaires,

easily outstripping NY, which has just 58

World BillionairesIndia’s number of billionaires did not increase much

BUT their average net growth is huge $4,5 billion for an Indian billionaire $2.5 billion for a Chinese billionaire

Brazil benefited from higher global prices, stricter rules and a stronger currency

Bottom lineThese economic can go up very sharply but can go

down very sharply as wellThese days BRIC produced half off the world’s 214

NEW billionaires

FROM BRIC to BRIC’SSouth Africa has been formally asked to

join the BRIC group of major emerging markets.

BRIC turns into BRIC’SInvited by China

Officially admitted as a BRIC nation on December 24, 2010

South Africa stands at a unique position to influence African economic growth and investment

BRIC turns into BRIC’SReasons to join BRIC

Africa’s combined current gross domestic product is similar to that of Brazil and Russia and above that of India

South Africa is a ‘’gateway’’ to Southern Africa and Africa in general

China is South Africa’s largest trading partner

India wants to increase commercial ties to Africa

Bric turns into BRIC’sDoubts:

South Africa’s population is 49 million compared with China’s 1.36 billion, India 1.2 billion, Brazil’s 191 million and Russia’s 142 million

South Africa has an economy of 286 billionLess than a quarter of that of RussiaSmallest of the BRIC nations

BRIC turns into BRIC’SBecoming a Big boy

President Nkoana-Mashabane’s speech: ‘’We may not be the same size, but we can open up opportunities for them and trough that, we can complete our economic integration on the continent”

China’s new kind of reactor A Radical Kind of Reactor

Engineers at Japan’s struggle to keep the nuclear power plant from melting down

Engineers at China are building a different type of reactorExperts say it offers a safer nuclear alternative

China’s new kind of reactor Technology ‘’pebble bed’’ will be used in 2 reactors

On an Island into the Yellow Sea

Rather than using conventional fuel assembliesLike the leaking radiation in Japan each packed with nearly 400 pounds of uranium

Chinese reactors will use thousands of billiard-ball-size fuel elements

Each has an own protective layer

China’s new kind of reactor The coating of these ball-elements are

meant to ensure the reaction would stop in an emergency So it wont lead to a meltdown

Reactors will be cooled by non-explosive helium gas instead of depending on a source of water

China’s new kind of reactor China is taking lead in actually building

next-generation technology

If the pebble-bed approach works China hopes it can adopt the technology on

broad scale

ConclusionBRIC’s nations have the potential and the

resources to form a powerful economic bloc with greater opportunity’s than any other nation

THANK U FOR YOUR ATTENTION!

Cedric De Munter 2BFV4