Brics 'grew more than I thought', says Jim O'Neill
The Brics nations, Brazil, Russia, India, China and South Africa, will hold their seventh annual meeting this weekend in the Indian state of Goa.
They would not be doing it if it wasn't for the former Goldman Sachs economist, Jim - now Lord - O'Neill.
He coined the term 15 years ago as a marketing tool for investors looking for more adventurous growth prospects.
Lord O'Neill has told the BBC the group have performed better than even he had thought.
"The Brics countries collectively are bigger today even in the most optimistic scenario I thought 15 years ago, and it's primarily because... read more
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