The Growth Market mantra to me is a really powerful way of trying to help people think differently about the so-called emerging markets than they might have thought about them in the past.
- Jim O'Neill
Insights on the Growth Markets
Jim O'Neill, chairman of Goldman Sachs Asset Management (GSAM), who a decade ago coined the term "BRICs" (Brazil, Russia, India, China), discusses the potential of the Growth Market economies. GSAM defines a Growth Market as one outside the developed world with a GDP which is at least 1% of current global GDP.