Brics and Mitsk Project

Brics and Mitsk Project

Introduction

The term “BRICS” represented the emerging markets of Brazil, Russia, India and China. These countries were listed as the emerging markets of the world. “MITSK” is the term used to represent the new emerging markets of the world, it includes: Mexico, Indonesia, turkey and South Korea. These terms were presented by Jim O'Neill, an economist. These countries are listed as the emerging markets on the basis of their GDP, Corporate revenue growth and assets return assessment. This concept of emerging markets was created by World Bank Economists around 30 years ago. These countries ...