Will BRIC surpass the USA?

Question

Will BRIC surpass the USA?

Answer 1

well...a criticism is the understatement of GDP growth in China over the next 45 years; which predicts growth falling far below normal development. This contradicts the rapid economic growth that has already taken place in the country and the experience of countries like Japan catching up with western GDP per capita, which China has been growing faster than in a similar period of development. There are many uncertainties and assumptions in the BRIC thesis that could mean that any or all of these four countries will not live up to their promise. The preeminence of China and India as major manufacturing countries with unrealised potential has been widely recognised, but some commentators state that China's and Russia's disregard for human rights and democracy could be a problem in the future,[citation needed] as is the possibility of conflict over Taiwan in the case of China. Likewise, the population of Russia is steadily declining, and this may have implications for its future. Brazil's economic potential has been anticipated for decades, but it has so far consistently failed to achieve investor expectations. Finally, India's relations with its neighbors, particularly with Pakistan, have always been frosty. Not 10 years ago, in 1998, was there a nuclear standoff between Pakistan and India. Border conflicts with Bangladesh and Pakistan, mostly over the longheld dispute over Kashmir, has further aggravated any economic ties. The BRIC countries have enormous populations of extremely impoverished people. This impedes progress by limiting government finances, increasing social unrest, and limiting potential domestic economic demand. Factors such as international conflict, civil unrest, unwise political policy, outbreaks of disease and terrorism are all factors that are difficult to predict and that could have an effect on the destiny of any country. Finally, the economic emergence of the BRICs will have unpredictable consequences for the global environment. Indeed, proponents of a set carrying capacity for the Earth may argue that, given current technology, there is a finite limit to how much the BRICs can develop before exceeding the ability of the global economy to supply them and of the environment to support them.

Answer 2

In per capita income no.  In total GNP yes.  How can we out econ in total 2.5 billion people with our 300 million?

Edit:  Brazil, Russia, India, China

Answer 3

OK, I'll bite. What the heck is BRIC?