The economic crisis of 2008-09 appears to be over, but along the way it has transformed the shape and dynamics of the global economy. This unexpected and dramatic development has not been due to the vigour of the Chinese economy or the BRIC (Brazil, Russia, India, China) economies as a whole, but the emergence of a [...]

The bombings that have killed eight people in Jakarta and wounded dozens more on Friday morning have understandably captured plenty of international attention. But they shouldn’t obscure an important emerging reality: Indonesia is fast becoming one of the world’s most important political and economic success stories. The recent landslide re-election of Indonesian President Susilo Bambang Yudhoyono [...]

Indonesia, an emerging market, is becoming one of the world’s top performers. Morgan Stanley recently suggested the country could be included among the likes of Brazil, Russia, India and China, which together make up the BRIC group of fast-growing economies in the developing world. And nobody really disagreed. Whether BRIC will become BRICI anytime soon is yet [...]

Indonesia’s economic growth may accelerate to 7 percent from 2011, providing a case for its inclusion in the so-called BRIC economies along with Brazil, Russia, India and China, Morgan Stanley said. A win for President Susilo Bambang Yudhoyono in the July 8 elections as projected by polls may help attract investors. Political stability and buoyant domestic [...]

Mexico, Indonesia, and Turkey are in a favorable position to become the new generation of emerging economies to have significant impact on the global economy, claims Grant Thornton International. Following on from the Grant Thornton International Business Report (IBR)  into the impact of the BRIC economies (Brazil Russia, India and China) [...]