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economies than Brazil, Russian India, and<br />
China, according to O'Neill. Neither country has<br />
officially tried to join.<br />
Indonesia has said it might want to be part of the<br />
BRICS at some time in the future.<br />
Are the BRICS a true economic force?<br />
To many observers and investors, the BRIC<br />
countries are merely five separate emerging<br />
markets with little in common. They are<br />
countries developing their economies—with a<br />
high pay off, but also with high risks.<br />
The risks include fears that all five could fail to<br />
live up to their economic potential. There are<br />
political concerns over human right issues in<br />
China and Russia that could keep out future<br />
investors and slow their economic growth.<br />
Looking at India, its troubled past with Pakistan<br />
could limit government finances, increase social<br />
unrest, and limit potential domestic economic<br />
demand.<br />
Brazil is said to just be getting some economic<br />
growth back after years of limited or negative<br />
growth, and slowing foreign investing.<br />
And South Africa has a mixed economy<br />
with a very high rate of poverty and low<br />
GDP per capita.<br />
Nonetheless, whatever the concerns, the<br />
BRICS are drawing large<br />
amounts of attention and<br />
money. Report said the<br />
BRICS were leading the world<br />
in attracting global<br />
investments, as of<br />
May 2011.<br />
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