Wednesday, January 09, 2008

The BRIC and mortar of growth!

The Organisation of Economic Cooperation and Development (OECD) have revealed that the BRIC nations (Brazil, Russia, India and China) will experience aBRIC Nations much faster and consistent growth than the developed nations across the globe. The developed economies would however see moderate expansion, but BRIC has more in store. OECD has brought together the ‘composite leading indicators’ (CLIs) which helps summarising information contained in a number of key short-term indicators, known to be linked to GDP, for member-countries since the 1980s. It was designed to offer untimely indicators of turning points in the economy (like peaks and depression) between growth and turmoil.


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Source: IIPM Editorial, 2008

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative