BRIC's Growing Share of Global Health Spending and Their Diverging Pathways

摘要: Post-cold war developments and accelerated pace of globalization among many changes led to the creation so called emerging markets. These classical national economies represent few large number developing world countries, which are distinguished by their exceptionally strong promise rapid long-term stable growth gross domestic product. Either we assess it on nominal or purchase power parity (PPP) terms, four distinct obviously lay ahead all other rapidly global Acronym BRIC (Brazil, Russia, India, China) forged describe these countries brought glory its creator Jim O’Neil, Goldman Sachs’ economist time (1). Since his first insight back in 2001 recession (2) ongoing were changing prospects for individual Nevertheless, positive trend remained common feature although with quite substantial differences balance overall economy development (3). BRIC’s share wealth grew tremendously effectively quadrupling itself over past decade (4). Joint this group heavily dominated China, will remain clear forecasts at least up middle twenty-first century (5).