The BRICS economies already account for more than 25% of global GDP and the collective middle class for these emerging powers is expected to grow from 800 million in 2010 to over 1.6 billion by 2020. This phenomenal rise in economic, and increasingly political, clout, is not only impacting key macro-economic factors such as access to commodities, capital flows, resource management, and purchasing power, but it is also redefining political dialogue, social welfare systems, education, and culture on a global scale. How are business and governments having to readjust strategies and assumptions given the shifting demands and expectations of this increasingly powerful demographic trend?
Charles Robertson , Global Chief Economist, Renaissance Capital
Chandrajit Banerjee , Director General, CII
Sergei Borisov , Vice President for Small Businesses Development, Sberbank
Sergey Katyrin , President, Chamber of Commerce and Industry of the Russian Federation
George Magnus , Senior Economic Adviser, UBS Investment Bank; Author, ‘Uprising’
Hu Shuli , Editor-in-Chief, Caixin Media Company