The BRICs are Rich, But Poor

FT.com has a published an article on the rise of the BRIC economies and their contribution to world economic growth.

The chart below demonstrates how BRICs national income while relatively meagre on a comparative per capita basis will rise to $8,654, translating into a 61.3% growth contribution to the world's economy, between 2008-2014.

brics-rich-but-poor

Hat tip: Paul Kedrosky

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