麻豆社

In 2001 a British economist at a US investment bank coined a term to encourage investment in four dynamic, emerging economies: Brazil, Russia, India and China.

This month the leaders of the Brics nations (now including South Africa) held their annual summit in India against a backdrop of disappointing economic growth and diverging fortunes.

Fifteen years on, Yogita Limaye asks company bosses and academics what the grouping has achieved.